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31 Darkes Ln

387 SF Retail Building Potters Bar EN6 2HX $324,392 ($838/SF) 7.69% Cap Rate

Retail Space Hertfordshire Potters Bar 31 Darkes Ln, Potters Bar, HRT EN6 2HX

Investment Highlights

  • High Street location
  • Walking distance from Potters Bar train station
  • High passing vehicular traffic and footfall

Executive Summary

Virtual freehold (999 years) comprising a ground floor lock-shop let to a barbers. The premises has been recently renovated and the business trades well. It is currently held on a 15 year lease from June 2023 with 14 years remaining at a passing rent of £20,000 pa. There is a break clause every 5 years and 5 yearly rent reviews.
The shop is arranged mainly as open planned with kitchen and WC to the rear.

Property Facts

Sale Type
Investment
Property Type
Retail
Tenure
Long Leasehold
Property Subtype
Storefront Retail/Residential
Building Size
387 SF
Building Class
B
Year Built
1920
Price
$324,392
Price Per SF
$838
Cap Rate
7.69%
NOI
$24,953
Tenancy
Single
Building Height
3 Stories
Building FAR
0.30
Lot Size
0.03 AC
Frontage
19 FT on Drakes Lane

Amenities

  • Signage
  • Automatic Blinds

Links

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Nearby Major Retailers

Sainsbury's
National Westminster Bank Plc
Caffè Nero
Tesco Superstore
Barclays
Londis
Harvester
+44 20 8559 1122

Contact

  • Listing ID: 32350640

  • Date on Market: 7/4/2024

  • Last Updated:

  • Address: 31 Darkes Ln, Potters Bar EN6 2HX

The Retail Property at 31 Darkes Ln, Potters Bar, EN6 2HX is currently available for sale. Contact Claridges Commercial for more information.

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31 Darkes Ln, Potters Bar for sale Building Photo- Image 1 of 4
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31 Darkes Ln
+44 20 8559 1122 x

31 Darkes Ln

Adrian Cole

+44 20 8559 1122

+44 20 8559 1122

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