6 Week completion
In this well-known main road location midway between the North Circular Road (A406) and Wembley and being in this densely populated residential area. Nearby multiple retailers include Lidl, Coral and Chicken Cottage.
A mid terrace building comprising a Ground Floor Shop and Basement with separate front access to a Self-Contained Maisonette on the two upper floors. In addition, the property includes a Gated Private Yard for up to 8 vehicles accessed from a rear service road.
Ground Floor Shop
Gross Frontage 17'9"
Internal Width 14'7"
Shop Depth 19'5"
Built Depth 28'0"
Area Approx 245 sq ft plus WC
First & Second Floor Maisonette (not inspected)
4 Rooms, Kitchen, Bathroom/WC
VAT is NOT applicable to this Lot
The entire property is let on a full repairing and insuring lease to Killarney Motors Limited (with J. Lehane as Guarantor) as a car showroom for a term of 12 years from 1st July 2008 at a current rent of £11,000 per annum exclusive.
Rent Review July 2016 based on highest aggregate rentals (Outstanding).
Note 1: The Maisonette has been sublet on an AST at £12,000 p.a.
Note 2: There is potential to build a rear extension, subject to planning and possession.