This freehold property presents a unique opportunity for those looking to invest in a versatile asset. It features a substantial commercial space exceeding 700 sq ft, currently utilized as a barber shop, alongside two residential units: a duplex one-bedroom flat positioned at the rear of the commercial unit and a two-bedroom flat located above it.
Situated in a secondary parade of shops, the property benefits from its proximity to Fallowcourt Avenue and Tally Ho Corner, which are both well-regarded locations within East Finchley. This area has experienced strong rental demand for both commercial and residential spaces, making it an attractive proposition for investors.
The existing commercial tenant provides immediate income, while the two residential flats are rented under Assured Shorthold Tenancy Agreements, ensuring consistent cash flow. Furthermore, the property holds significant renovation and development potential that could enhance its value—subject to obtaining the necessary planning permissions.
With easy access to Central London and its surroundings, this location attracts high-quality tenants for both residential and commercial properties. The ongoing vitality of local businesses contributes to sustained interest in retail spaces, further solidifying the investment attractiveness of this property.
