Green Lanes, Palmers Green, London - Williamson Dace Brown
Enfield, London, N13 5PE
Price
£600,000
Size
2,724 sq ft
Listed
1 month ago
Property Description
Mid terrace, mixed-use freehold property let on a commercial lease for sale by private treaty located on a busy parade in Palmers Green. This area of Green Lanes is characterised by a range of independent retailers, cafes, restaurants, professional services and surrounded by dense residential neighbourhoods. The property comprises of a Greek-style café / restaurant (Mezopoly) on the ground floor and an HMO above accessed from the rear service road. The entire premises is let on one commercial lease at a rent of £38,000 pa exclusive. An excellent investment opportunity to acquire a mixed-use freehold property comprising a ground floor retail unit with a House in Multiple Occupation (HMO) above, fully let on a single commercial lease. The property benefits from a prominent position along Green Lanes, a well-established and busy retail parade, offering strong footfall and excellent transport links. The ground floor is configured as a self-contained unit, while the upper parts provide residential accommodation arranged as an HMO. The entire premises is let to a single tenant under a commercial lease, providing a straightforward income stream and ease of management. This structure may appeal to investors seeking a secure, hands-off asset with potential for long-term rental growth. This area of Green Lanes is part of a busy suburban high street environment. It blends strong local retail activity with dense residential neighbourhoods, making it a dependable location for both commercial and residential rental demand. Accommodation Freehold mixed-use investment. Ground floor retail unit with HMO accommodation above spread over two floors. Let on a single commercial lease for a term of 15 years from 16th March 2026. Rental income £38,000 pa exclusive. Gross Internal Area 253.1m² (2,724ft²). Established location with strong local amenities and transport connections. Terms Term: 15-year FRI lease effective from the 16th March 2026. Rent: £38,0