Turnpike Parade
5 Green Lanes
London
N15 3EA
Shop and premises, Victoria Park Road in E9 Area
Asking Price £500,000
Shop
Nestled in the vibrant area of Victoria Park Road, London, this exceptional freehold shop (highlighted in red) presents a remarkable opportunity for investors. Spanning an impressive 914 square feet, the property comprises a well-appointed ground floor and a spacious basement, offering a total area of 85 square metres.
Currently generating a robust rental income of £32,000 per annum, this shop is not only a sound investment but also a promising venture for those looking to establish or expand their business in a thriving locale. The lease has been renewed until 2036, providing a secure ten-year term, with rent reviews scheduled every four years, ensuring that your investment remains competitive and profitable.
The shop's prime location on Victoria Park Road benefits from high foot traffic and excellent visibility, making it an ideal spot for retail or service-oriented businesses. With its generous space and flexible layout, the property can easily accommodate a variety of uses, catering to the diverse needs of the local community.
This is a rare opportunity to acquire a freehold property in a sought-after area of London, combining both a solid income stream and the potential for future growth. Whether you are an astute investor or an ambitious entrepreneur, this shop on Victoria Park Road is a prospect not to be missed.
Energy Efficiency and Environmental Impact
Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.
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