Summary - 134, CROUCH HILL N8 9DX
1 bed 1 bath Commercial Property
**Standout Features:**
- Freehold investment opportunity with a 12-year lease.
- Attractive location near public transport and amenities.
- Ground floor retail space with annual rental increments.
- Long lease tenure of 999 years on the upper maisonette.
**Notable Concerns:**
- High crime rate in the local area.
- Maintenance needs may arise due to the age and condition of the property.
This charming freehold shop on Crouch Hill, Crouch End offers a unique investment opportunity with a well-established tenant generating a rental income of £21,500 in the first year, rising to £22,000 in the second year. Located within walking distance of Highgate Underground and Crouch Hill Railway Station, this property is positioned to attract significant foot traffic, ideal for retail or mixed-use endeavors. With a total area of 883 square feet and a blend of commercial and residential appeal, it holds strong potential for any savvy investor looking to capitalize in this sought-after London locale.
While the shop’s quaint Victorian facade invites customers in, prospective buyers should be mindful of the area’s high crime rate, which may impact your investment’s long-term viability. Additionally, as the property was constructed between 1900 and 1929, some upkeep might be required to maintain its charm and functionality. Don't miss this opportunity; properties like this don’t stay on the market long!
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