House For Sale £1,500,000
Guide Price = £1,500,000+
**For Sale By Public Auction 14th September 2021 12:00 pm. To inspect the legal documents for this property go to our website to download the legal pack**
A Residential and Commercial Investment Comprising a Shop (Sold off on a Long Lease) and Seven Self-Contained Studio Flats. Fully Let on a 10 Year rpi Linked Lease to a Housing Association Producing £98,632 Per Annum.
To Be Offered Individually or Collectively With Lots 38-42
Tenure
Freehold
Location
The property is situated on Willesden Lane to local shops and amenities. The open space of Kilburn Grange Park is within easy reach. Transport links are provided by Kilburn underground station (Jubilee line) and Kilburn High Road rail station.
Description
The property comprises a mid terrace building arranged to provide a ground floor shop and seven self contained studio flats on the two upper floors with a total combined gia of approximately 1,799 sq ft.
Exterior
The property benefits from a rear garden and a terrace at the second floor.
Tenancy
The seven self-contained flats are let on a single iri lease to a housing association for a term of 10 years commencing September 2021 at a rent of £98,632 per annum. The rent increases each year in line with the rpi and there is no break clause.
Viewings Strictly by Appointment Only - Video Walkthrough Available
**For Sale By Public Auction 14th September 2021 12:00 pm. To inspect the legal documents for this property go to our website to download the legal pack**
A Residential and Commercial Investment Comprising a Shop (Sold off on a Long Lease) and Seven Self-Contained Studio Flats. Fully Let on a 10 Year rpi Linked Lease to a Housing Association Producing £98,632 Per Annum.
To Be Offered Individually or Collectively With Lots 38-42
Tenure
Freehold
Location
The property is situated on Willesden Lane to local shops and amenities. The open space of Kilburn Grange Park is within easy reach. Transport links are provided by Kilburn underground station (Jubilee line) and Kilburn High Road rail station.
Description
The property comprises a mid terrace building arranged to provide a ground floor shop and seven self contained studio flats on the two upper floors with a total combined gia of approximately 1,799 sq ft.
Exterior
The property benefits from a rear garden and a terrace at the second floor.
Tenancy
The seven self-contained flats are let on a single iri lease to a housing association for a term of 10 years commencing September 2021 at a rent of £98,632 per annum. The rent increases each year in line with the rpi and there is no break clause.
Viewings Strictly by Appointment Only - Video Walkthrough Available
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