6 Blackstock Road, 6 Blackstock Road, London | Property for sale | Savills
Guide price £370,000(12.045.954.988 ₫)

6 Blackstock Road6 Blackstock Road, London

  • New
  • Sole agency
  • Freehold
Investment
Yield 10%Yield

Key features

  • High Yielding Retail Investment
  • Let to RSPCA - In Occupation for 15+ Years
  • Lease Expires 23/12/2032
  • Producing £37,000 per annum
  • High Footfall Location
  • 1,420 sq ft (131.92 sq m)
  • Guide Price Reflects 10% Gross Yield
  • Guide Price Reflects a Low £260 per sq ft
  • VAT-Free Investment

High Yielding Retail Investment in the Heart of Finsbury Park Let to RSPCA on a lease expiring 2032 and paying £37,000 per annum

About this property

  • The property comprises a high yielding retail investment let to the RSPCA and situated in the heart of Finsbury Park. Arranged across ground, first and second floors the ground floor is let to the RSPCA on a lease expiring 23/12/2032 and paying £37,000 per annum. We understand that this is a renewal of a previous lease with the tenant being in occupation for at least 15 years. The upper parts comprise two flats which are to be sold off on a long leasehold basis. The properties are also available in the Savills 23rd July Auction. The property occupies a prominent pitch forming part of a high footfall parade fronting Blackstock Road and being approximately 100m from Finsbury Park Station.

Additional information

  • The property is let to RSPCA Central London Branch, a registered charity (ref: 248489) for a term of 10 years expiring 23/12/2032 and paying £31,750 per annum. The lease includes annual fixed uplifts up to £37,000 in 2026, the Vendor will "top up" the rent to this level upon completion.
  • The lease is on full repairing and insuring terms and includes a tenant break option in 2027.