- Located in Golders Green, 3-minute walk to Brent Cross Underground Station.
- The property is arranged over lower ground, ground, first and second floors and comprises one retail unit and seven flats.
- The commercial premises is let to WCF London Limited on a 5 year lease expiring 20th April 2028.
- The seven units are arranged as 2 x studios, 1 x 1 bedroom, 4 x 2 bedroom flats, and all let on Assured Shorthold Tenancy agreements.
- Comprising 5,030 sq ft GIA (467 sq m).
- Total current passing rent £161,393 per annum.
- The property benefits from an immediate reversion, with an Estimated Rental Value of £195,200 per annum.
PROPOSAL
Guide Price - Offers In Excess Of £2,300,000 (Two Million Three Hundred Thousand Pounds) subject to contract and exclusive of VAT. A sale at this level reflects a Gross Yield of 7.02%,
Reversionary Yield of 8.49% and a low capital value of £457 psf.
