Commercial property for sale in - 258 Kingsbury Road, Kingsburys, London, Greater London NW9, £560,000

560,000.00

Offer Nr.:
63490902
Type of ad:
for Sale
Property type:
Commercial property
Contact name:
Chamberlain Commercial
Phone(s):
020 3641 2282

* Leasehold
* Double Shop
* 2 Bedroom Flat
* Let on a Single Lease
* £44, 000 per annum income
* Long Leasehold for Sale
A tenanted investment property comprising ground floor double unit, trading as
a restaurant, together with a first floor 2 bedroom flat. The property is held
on 189 year long leasehold (152 years unexpired) at a peppercorn.
The ground floor restaurant is 1, 420 sq ft overall and has an itza of 1, 071 sq
ft. The first floor flat (self contained and accessed from the rear service
road) has 3 rooms, kitchen and bathroom.
The entire property is leased to Mr Wasim Sheikh t/a Mazza Restaurant. The
lease is for 15 years from 1st December 2022 at a rental of £44, 000 per annum.
The lease was renewed from an original 15 year term. The tenant is long
established and there are no arrears.
Offers are invited for this well secured long leasehold investment. Asking
price £560, 000 subject to contract. **
Location**
Kingsbury is a popular North West London suburb with a diverse and densely
populated demographic, located 8 miles from Central London (Marble Arch) and
within the London Borough of Brent. The property occupies a prominent location
on the main Kingsbury Road, approximately 1km east of Kingsbury Station
(Jubilee Line). **
Viewing**
The property is tenanted and internal access cannot be arranged. For further
information on the property, please contact Tony Chamberlain

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