Crouch Hill, Crouch End, North London, N8

For Sale - Freehold - £1,975,000

End Of Terrace, Freehold

An excellent opportunity to acquire a fully income-producing freehold mixed-use investment in the heart of the highly sought-after Crouch End/Stroud Green area. The property comprises a well-established café occupying the ground floor, together with a basement for storage and valuable outdoor seating space. The commercial premises are let on a 20-year lease from February 2012, with rent reviews every four years, currently producing £43,000 per annum. The upper parts comprise 2 x one-bedroom flats and 2 x studio flats, all occupied by long-term private tenants, generating £64,332 per annum. The residential rents are currently below market value, offering potential for future rental growth.

Income Summary - Commercial Income: £43,000 per annum. Residential Income: £64,332 per annum. Total Income: £107,332 per annum.

EPC rating: D.

Ideally positioned within a thriving North London location, the property benefits from excellent transport links, strong tenant demand, and a vibrant mix of independent cafés, restaurants, and local amenities.A rare opportunity to acquire a substantial mixed-use investment offering immediate income and future asset management potential.

Branch Address
20-22 Wenlock Road
London
N1 7GU

Contact
A: City & Town Estates
T: 0208 004 9797
E: info@cityandtown.co.uk

Reference: CITYH_001790

IMPORTANT NOTICE

Descriptions of the property are subjective and are used in good faith as an opinion and NOT as a statement of fact. Please make further enquiries to ensure that our descriptions are likely to match any expectations you may have of the property. We have not tested any services, systems or appliances at this property. We strongly recommend that all the information we provide be verified by you on inspection, and by your Surveyor and Conveyancer.