Tottenham Lane, London, N8 8PT

For Sale £1,615,000

First time on the market in nearly 50 years is this attractive retail investment let to the undoubted covenant of Shelter with 3 self-contained flats set over 3 upper floors. Ground floor of 915 sq.ft. approx. and basement 500 sq.ft. approx. let to Shelter for a term of 15 years from November 2012 at a current rent of £46,500 per annum. This letting is effectively a FRI basis with Shelter responsible for a 60% contribution to maintenance and insurance costs. Shelter National Campaign for Homeless People Ltd (Charity No 253710) currently have almost 100 retail united in the UK with an income of £75.2m as of 31.3.22. Data sourced from Register of Charities Commission Government website. The upper parts are decorated to a high standard throughout and consist of 3 x 1 bedroom self contained flats let by way of AST's at £1,350, £1,250 and £1,270 pcm. This gives a combined gross income of £92,940 per annum with scope to increase the residential rents. Certificate of Lawfullness Existing Use: Approval Use of the upper floors as three self-contained flats. Planning Application :- HGY/2023/1085