- Freehold investment opportunity.
- Extremely well located:
- 0.4 miles to Golders Green Underground Station (Northern Line) & National Bus / Coach Terminal.
- Within easy reach of Central London.
- The numerous retail & restaurant amenities on Golders Green Road.
- Comprising 4,651 sq ft GIA plus off-street parking.
- A hotel providing 18 en-suite bedrooms arranged over ground, first and second floor.
- The property is let until 22nd July 2029 (5.86 years unexpired) on a Full Repairing and Insuring lease and benefits from stepped rental increases throughout the lease.
- The current passing rent equates to only £85 per week per room and £94 per week per room at the maximum rent in the lease.
- Opportunities and ability to add value upon expiry of the lease through repositioning or asset management.
Offers are sought in excess of £1,500,000 (One Million Five Hundred Thousand Pounds), subject to contract. A purchase at this level reflects a very low capital value of £322 per sq ft.
