Property photos
Guide price
£210,000
(£247.06/sq. ft)
Retail premises for sale
Myddleton Road, London N22850 sq. ft
Local area information
Property location
Nearby amenities
- Bowes Park 0.1 miles
- Bounds Green Junior School 0.3 miles
- Bounds Green Infant School 0.3 miles
- Bounds Green 0.3 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guides for Bowes Park, Bounds Green and Wood Green to find out more about the local area.
Features and description
- Freehold Opportunity
- Retail Investment
- Popular North London location
- Approximately 0.2 miles to Bowes Park Station
- Approximately 0.4 miles to Bounds Green Underground Station
- Existing Lease until December 2027
A well-presented ground floor retail unit forming part of a vibrant parade in the heart of Wood Green, North London. This attractive freehold investment opportunity comprises approximately 854 sq ft (79.34 sq m) of versatile commercial space, currently occupied by a long-established social and sports club. The upper floors are sold off on a long leasehold basis
The property is arranged to provide an open-plan bar/restaurant area with modern fittings, including recessed spotlights, a wall-mounted air conditioning/heating unit, and dual customer entrances from the street. To the rear, the unit benefits from a fully fitted kitchen with extraction, WC facilities, a staff/storage room, and an external single-storey storeroom accessed from the rear yard.
The premises are let on a 7-year lease from December 2020, producing an annual rental income of £15,000. With just under 2 and a half years remaining on the lease, this asset offers secure income and a gross yield of 7.14% based on the asking price of £210,000. The property is not elected for VAT, offering a straightforward purchase for investors.
Located on the ever-popular Myddleton Road, the property enjoys high visibility and steady footfall, supported by strong local amenities and excellent transport links. Bounds Green Underground Station (Piccadilly Line) and Bowes Park Overground Station (Great Northern & Thameslink) are both within walking distance, while major roads such as the A109, A105, and A406 North Circular provide swift access across North London and beyond.
This is a rare opportunity to acquire a prime retail investment in an increasingly popular North London location, offering strong fundamentals and long-term income potential.
Please be aware this property is being sold by informal tender and viewings are strictly by appointment only.
*Awaiting EPC*
The property is arranged to provide an open-plan bar/restaurant area with modern fittings, including recessed spotlights, a wall-mounted air conditioning/heating unit, and dual customer entrances from the street. To the rear, the unit benefits from a fully fitted kitchen with extraction, WC facilities, a staff/storage room, and an external single-storey storeroom accessed from the rear yard.
The premises are let on a 7-year lease from December 2020, producing an annual rental income of £15,000. With just under 2 and a half years remaining on the lease, this asset offers secure income and a gross yield of 7.14% based on the asking price of £210,000. The property is not elected for VAT, offering a straightforward purchase for investors.
Located on the ever-popular Myddleton Road, the property enjoys high visibility and steady footfall, supported by strong local amenities and excellent transport links. Bounds Green Underground Station (Piccadilly Line) and Bowes Park Overground Station (Great Northern & Thameslink) are both within walking distance, while major roads such as the A109, A105, and A406 North Circular provide swift access across North London and beyond.
This is a rare opportunity to acquire a prime retail investment in an increasingly popular North London location, offering strong fundamentals and long-term income potential.
Please be aware this property is being sold by informal tender and viewings are strictly by appointment only.
*Awaiting EPC*
More information
Listed by
Hillway Group
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