Investment for sale with future development potential. Substantial motor repair workshop that is being used for the fitting of tyres and exhausts etc that has been trading for many years. The property is let by way of a 15 year lease at £30,000 pa as per the tenancy details overleaf. There is future development potential, subject to obtaining the necessary consents.
Please note that we are currently marketing the adjacent premises, details of which can be provided upon request (marked in blue on the plan below).
Areas: Approximately 2000 sq ft (215.28 sq m)
Tenancy: Let to Mr Obaid Ahmadi for a term of 15 years with 5 yearly rent reviews from July 2009 at £30,000 pa. Please note that no rent reviews have been carried out since the commencement of the lease.
Terms - Freehold offers invited subject to the current tenancy.
Location: Situated in the High Road, North Finchley at the northern end between North Finchley and Whetstone and close to the intersections with Woodside Lane and Swan Lane .