FOR SALE
Mixed Use Freehold Investment
80-86 Ballards Lane, Finchley, London, N3 2DL
AWH prepares sales and letting particulars diligently and all reasonable steps are taken to ensure that they are correct. Neither a seller nor a landlord nor AWH will, however, be under any liability to any purchaser or tenant or prospective purchaser or tenant in respect of them. If a property
is unoccupied, AWH may not have all the information required by a prospective purchaser or tenant in its possession, may not be able to obtain it and may not be able to verify all the information which it does not hold. Prospective purchasers should make their own investigations before
finalising any agreement to purchase or lease.
Address Tenant Floor
Area
Term From Lease to Current Rent
PA (£)
Date of Next Review EPC Rating
Unit 80 - Ground Floor Shop Saifuddin Redi Jabarkhel t/a Cropz Hair Salon 1618 19/04/16 18/04/31 28000 TOTB on 19.4.21 & 19.4.26 at 6 months
notice + £8,400
D84
Unit 80 - Office 1/2 Simon Anthony Style Sally Rebecca Style &
Denton & Co Trustees Limited as Trustees of
Ammerhurst Pension Scheme
2740 25/12/87 24/12/2112 125 yr lease at peppercorn exp12/2112
(prev Futuris Limited & Colton Aviation)
D100
Unit 82 - Ground Floor Shop Glamorous Lengths Ltd 1420 25/03/14 24/03/22 30000 Tenants wish to extend the lease term
until 24/03/25
D77
Unit 84 - Ground Floor Restaurant Kwong Ltd 2056 29/09/99 28/09/2998 999 year Lease Peppercorn Rent Insurance
Only ends 28 September 2998
D77
Unit 86 - Ground Floor Shop Naheed Sarwar 4112 29/09/99 28/09/2998 999 year Lease Peppercorn Rent Insurance
Only ends 28 September 2998
D81
Flat 1 Stanton Court Christopher Michael Al -Sinjakli 2 bed/2 bath 10/05/18 15/12/2112 200 Rent Increase on 25/12/2037 to £400,
25/12/2062 to £500, 25/12/2087 to £600
Flat 2 Stanton Court Scott Strachan & Donna Strachan 1 bed/1 bath 25/12/87 15/12/2112 200 Rent Increase on 25/12/2037 to £400,
25/12/2062 to £500, 25/12/2087 to £600
Flat 3 Stanton Court Primary Management Services Limited Ltd 2 bed/2 bath 20/11/2017 14/12/2202
Flat 4 Stanton Court Jessica Tabibi 1 bed/1 bath
& claimed
private patio
area
25/12/87 15/12/2112 200 Rent Increase on 25/12/2037 to £400,
25/12/2062 to £500, 25/12/2087 to £600
Flat 5 Stanton Court Arghyros Leonida 1 bed/1 bath 25/12/87 15/12/2112 200 Rent Increase on 25/12/2037 to £400,
25/12/2062 to £500, 25/12/2087 to £600
Flat 6 Stanton Court Pistachio International Limited 1 bed/1 bath 25/12/87 15/12/2112 200 Rent Increase on 25/12/2037 to £400,
25/12/2062 to £500, 25/12/2087 to £600
Flat 7 Stanton Court Siavash Tabibi, Brenda Ann Tabibi & Primary
Management Services Limited
2 bed/ 1 bath 20/11/2017 14/12/2202
Flat 8 Stanton Court Pistachio International Limited 1 bed/1 bath 25/12/1987 15/12/2112 200 Rent Increase on 25/12/2037 to £400,
25/12/2062 to £500, 25/12/2087 to £600
Flat 9 Stanton Court Michael Marlow & Marilyn Gloria Pearce 2 bed / 2 bath 25/12/87 15/12/2112 200 Rent Increase on 25/12/2037 to £400,
25/12/2062 to £500, 25/12/2087 to £600
Flat 10 Stanton Court Siavash Tabibi, Brenda Ann Tabibi 1 bed/1 bath 20/11/2017 14/12/2202
Flat 11 Stanton Court Aaron John Cronin & Anna Michelle Reming-
ton
2 bed/2 bath
& private
roof terrace
25/12/87 15/12/2112 200 Rent Increase on 25/12/2037 to £400,
25/12/2062 to £500, 25/12/2087 to £600
TOTAL £59600
80-86 Ballards Lane, Finchley, London, N3 2DL FOR SALE
Mixed Use Freehold Investment
• Current rental income of £59,600 p.a exclusive.
• Multi-let and with guaranteed ground rental uplift on eight flats every 25 years
• Also rent reviews on the on the shops numbered 80 (April 2021) and 82 (March 2022)
• Freehold Price £800,000 subject to contract only
• N.I.Y. 7.05% assuming standard buyer costs
• Property is VAT elected
Location The site is located on busy Ballards Lane (A598) and return to Princes Avenue. The site has good public transport links, and is within a 5 minute walk of Finchley Central Station (Northern Line).
It is also in close proximity to Tesco Superstore, Superdrug, Santander, Barclay’s Bank, Costa Coffee, Greggs etc.
Description The site (edged in red) comprises a parade of shops, offices and eleven self-contained flats above.
Price Offers in excess of £800,000 plus VAT are invited subject contract only
Contact details For further details, please contact AWH and ask for:
Stephen Anderson BSc (Hons) MRICS
Email: [email protected] Tel: 020 061 1100
AWH prepares sales and letting particulars diligently and all reasonable steps are taken to ensure that they are correct. Neither a seller nor a landlord nor AWH will, however, be under any liability to any purchaser or tenant or prospective purchaser or tenant in respect of them. If a property
is unoccupied, AWH may not have all the information required by a prospective purchaser or tenant in its possession, may not be able to obtain it and may not be able to verify all the information which it does not hold. Prospective purchasers should make their own investigations before
finalising any agreement to purchase or lease.
Finchley Central Station
Investment Site