AUCTIONS

Freehold Shop and Upper Part Investment
16 Station Road, New Barnet, Herts EN5 1QW

A refurbished shop and upper part which has been formally divided into 3 flats (2x 1 bed and 1 x studio.) The whole is fully let and producing an annual income of £37,180. Situated in a busy parade within approximately 50 yards (46 metres) of New Barnet Mainline Station (Moorgate) and immediately opposite a number of office buildings.

Offered Freehold with the benefit of and subject to the existing tenancies of the residential flats currently producing £24,180. The shop is let on a lease of 12 years from 25th March 2008 at a current rent of £13,000 rising in 2010 to £15,000.

Vendors Solicitors: The Parry Sharratt Partnership,
12-14 Oxford Street, Whitstable, Kent CT5 1DE
F.A.O Mr D Alp Tel: 01227 276 276

Local Authority: London Borough of Barnet

Viewing: By appointment with the Auctioneers

Details as follows: (approximate dimensions)
Shop 56m2 (603sq ft)
Basement Net internal floor area 344sq ft (32m2)
Flat A 2 Rooms, Kitchen area, Bathroom
40m2 (430sq ft)
Flat B 2 Rooms, Kitchen area, Bathroom
40m2 (430sq ft)
Flat C Studio, Kitchen area, bathroom
28m2 (301sq ft)