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To book a viewing for this property, please call Finchleys, on 02083461180.

To book a viewing for this property, please call Finchleys, on 02083461180.

For Sale
£500,000 In Excess of

Mixed Use, Edgware Road, London, NW9

Edgware Road, London, NW9

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Finchleys

Finchleys Estate Agents, 11 Station Road

Description

Being sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £500,000*

This property will be legally prepared enabling any interested buyer to secure the property immediately once their bid/offer has been accepted. Ultimately a transparent process which provides speed, security and certainty for all parties.

Freehold Investment Opportunity

An excellent mixed-use mid terraced building comprising a ground floor retail unit with a self-contained flat above and a separate self contained flat to the rear situated on the bustling Edgware Road (A5). The property generates a strong rental income and offers long-term investment potential.

The Freehold includes:

(Shop) – Currently let and producing £17,650 per annum, with approximately 8 years remaining on the lease and rent reviews included.

(Ground Floor Flat) – Owned and tenanted by client, producing £13,200 per annum.

(First Floor Flat) – Sold on a long leasehold with approximately 60 years remaining on the lease.

Total Current Income: £30,850 per annum (excluding the sold flat)

The tenant of the Restaurant also trades from the adjoining unit (No. 275) which interconnects with No. 277 at ground floor level, but No. 275 is not included with the Freehold being offered.


EPC Rating: D

Property Details

  • Property type: Mixed Use
  • Plot Sq Feet: 667 sqft
  • Council Tax Band: B
Please note, property and plot sizes displayed are for guidance purposes only and may have been derived from publicly available information over which neither the agent nor Street.co.uk have control.

Location

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Disclaimer - Property ID 284baa9e-7ff1-467e-ae13-503f35968ccc. The information displayed about this property comprises a property advertisement. Street.co.uk and Finchleys makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Street.co.uk has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the advertising agent. Please contact the agent or developer directly with any questions about this listing.