Mixed use investment.
□ Located in an affluent Greater London suburb 12.5 miles north of central London.
□ Retail unit let to Santander UK plc (5A1) for an unexpired term of 14.5 years (no break options) with 6 flats (4 x 3 bedroom and 2 x 2 bedroom) let on AST’s.
□ All flats recently refurbished.
□ Situated on a prime pitch between Enfield Town and Enfield Chase Stations.
□ Current Income £247,600 p.a.
□ We are instructed to seek offers in excess of £4,647,000 subject to contract and VAT.
□ A purchase at this level would reflect a net initial yield of 5.00%, allowing for standard purchaser’s costs.