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53-59 Woodhouse Rd Local commercial 128 m² 100 % Loué À vendre Londres N12 9ET 1 831 977 € (14 310,04 €/m²)



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INFORMATIONS PRINCIPALES SUR L'INVESTISSEMENT
- Investment and development opportunity
- Ground floor shops are let
- This unit has lapsed planning for 3 x 1 bed flat
- 2 adjacent freehold buildings available individually or together
- Upper part comprise a 3-4 bed residential unit which is let
- The other upper part (residential unit) is vacant
RÉSUMÉ ANALYTIQUE
2 adjacent freehold buildings available together or individually. The ground floor shops are let, the 2 floor upper parts above 57-59 Woodhouse Rd have been converted to a 3 bedroom flat in the last 3 years and is currently let to Barnet Council and used as a 4 bedroom unit incorporating the lounge. There is a lapsed planning consent for the upper part to create 3 separate 1 bedroom flats incorporating the loft space. Upper part of 53-55 Woodhouse Road is arranged over 2 floors and is in need of refurbishment. No planning has been applied for but it is thought that a similar consent of 3 separate units could be obtained. The adjacent property (above supermarket) has been developed into the roof space and a precedent has been set for a 3rd floor.
TENANCIES
53-55 Woodhouse Road
Ground floor shop and forecourt let and trading as Signstar (Sign Shop) on a 10 year lease from 2022 with approx 7 years remaining at £18,000 pa with 5 yearly rent reviews.
*NB This tenant has been in occupation for 10 years previous to this current lease.
Upper Part
Vacant and in need of refurbishment. The flat is entered from the rear of the property.
57-59 Woodhouse Road
Ground floor shop and forecourt let and trading as Figaro Barbers on a 10 year lease from July 2025 at £19,000 pa with 5 yearly rent reviews. *NB This tenant has been in occupation for 10 years previous to this current lease.
Upper Part
Comprising a 3 bedroom flat plus lounge, kitchen and bathroom and let to Barnet Homes (part of Barnet Council) on a 5 year term from March 2023 at £1,684 pcm (£20,208 pa). *NB the lounge is also used as a bedroom so the property is let as a 4 bedrooms. The flat is entered from the rear of the property. The flat is underlet in the current market as the vendor received a £25,000 grant from Barnet Council towards refurbishment.
TENANCIES
53-55 Woodhouse Road
Ground floor shop and forecourt let and trading as Signstar (Sign Shop) on a 10 year lease from 2022 with approx 7 years remaining at £18,000 pa with 5 yearly rent reviews.
*NB This tenant has been in occupation for 10 years previous to this current lease.
Upper Part
Vacant and in need of refurbishment. The flat is entered from the rear of the property.
57-59 Woodhouse Road
Ground floor shop and forecourt let and trading as Figaro Barbers on a 10 year lease from July 2025 at £19,000 pa with 5 yearly rent reviews. *NB This tenant has been in occupation for 10 years previous to this current lease.
Upper Part
Comprising a 3 bedroom flat plus lounge, kitchen and bathroom and let to Barnet Homes (part of Barnet Council) on a 5 year term from March 2023 at £1,684 pcm (£20,208 pa). *NB the lounge is also used as a bedroom so the property is let as a 4 bedrooms. The flat is entered from the rear of the property. The flat is underlet in the current market as the vendor received a £25,000 grant from Barnet Council towards refurbishment.
INFORMATIONS SUR L’IMMEUBLE
Type de vente
Investissement
Type de bien
Local commercial
Droit d’usage
Pleine propriété
Sous-type de bien
Commerce pied immeuble
Surface de l’immeuble
128 m²
Classe d’immeuble
B
Année de construction
1980
Prix
1 831 977 €
Prix par m²
14 310,04 €
Pourcentage loué
100 %
Occupation
Multi
Hauteur du bâtiment
4 étages
Façade
10 m sur Woodhouse Road
CARACTÉRISTIQUES
- Espace d’entreposage
PRINCIPAUX OCCUPANTS Cliquez ici pour accéder à
- OCCUPANT
- SECTEUR D’ACTIVITÉ
- m² OCCUPÉS
- LOYER/m²
- FIN DU BAIL
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- Services
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Jan 0000
At Figaro Barbers, we are bringing the class and quality of the westend to the local community. Experience both traditional and modern haircuts in the same place. Figaro Barbers is an Italian family run business that was established near the royal courts of justice in the city of London where our clients were of the legal profession so we know how to give a good quality haircut using traditional Italian methods to create a desired style.
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53-59 Woodhouse Rd
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