Are you an Estate Agent? Register here
Are you an Estate Agent? Register here
267 High Road, EN10 2RX
£70,000 Guide Price
Prime Business for Sale Kentish Town Road
We are delighted to present this exceptional commercial premises, currently operating as a successful mobile phone sales and repair business, along with a range of electronic products. Located in the bustling area of Kentish Town, this prime retail space is offered for sale with a premium of 70,000, and a brand new lease will be provided to the purchaser.
Rent: 30,000 PER ANNUM
Lease: 15 Years
Property Features:
Local Amenities: Situated in a vibrant neighborhood, the premises benefit from proximity to various local amenities, including shops, cafes, and restaurants, creating a lively environment for business. Kentish Town Station is just a short walk away, offering excellent transport links to Central London and beyond, making it easily accessible for both customers and staff.
Use Class: E
Investment Opportunity: This property represents a fantastic investment opportunity for aspiring entrepreneurs or established businesses looking to expand. With a strong local market and a growing demand for mobile phone and electronic services, the potential for growth is significant.
Dont miss out on the chance to acquire this prime commercial property in a thriving location. For further details or to arrange a viewing, please contact us today!
Your property may be repossessed if you do not keep up repayments on your mortgage.
Monthly Payment: £ 8,216.87
Monthly Payment: £ 8,216.87
Monthly Payment: £ 8,216.87
Amortization For Monthly Payment: £8,216.87 over 30 years ( Based on 3.20% Interest )
Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.
Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.
Your home may be repossessed if you do not keep up repayments on your mortgage.
The refurbishment budget is set to 2.50% of the purchase price, but this will vary dependent on the suitability of the property for the rental market. Select a value that you feel is appropriate to the condition of the property.
This will vary between lenders, type of report and whether or not you are buying with a mortgage, for advice on which type of survey would be appropriate speak with an advisor from Preston Baker Financial Services.
Lenders will often charge a fees for the arrangement of a mortgage, for advice on what lenders may charge, speak with an advisor from Preston Baker Financial Services. Your home may be repossessed if you do not keep up repayments on your mortgage.
This is the sum of mortgage admin, land registry, search, bank transfer and any other fees incurred.
Purchase costs include assumed mortgage and survey costs which are estimated. For a quote contact a Preston Baker Financial Services mortgage advisor who can provide you with current and accurate information. The stamp duty calculation has applid the 3% stamp duty surcharge on the basis that this will be a second property.
The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.
This is the percentage of the rent that you will spend maintaining the property.
Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.
Service charge only applies to leasehold properties. The correct figure can found in the Property Information Questionnaire answered by the seller.
This is a standard, indicative figure only. Properties that have a service charge often have this included withing that charge. Please consult the Property Information Questionnaire for more information.
Final Equity Profit = Final Property Value - Mortgage Required - Investment
Cumulative Rental Profit = Annual rental profit x Time of Investment
This is the assumed rate of house price inflation.
This is the property value at the end of the investment based on an assumed rate of % house price inflation.
267 High Road, EN10 2RX
The Property has been saved to your favorites
/ 5
It's quick and easy
