A brand newly developed (works completed August 2016) mixed use block comprising Retail, Leisure and Residential Uses
Ideally located on Harrow Road and well placed to benefit from local amenities and nearby Transport hubs including Westbourne Park, Maida Vale and Ladbroke Grove Stations
Currently Arranged as:
o Basement – Leisure (Under Offer)
o Ground – Retail/Coffee House
o First to Third - Residential
Offered with full vacant possession with the exception of the Ground Floor unit which is let to Coffee Kahawa Ltd t/a Costa Coffee on a new 15 year lease (break at year 10) at a passing rent of £55,000pa
The NET floor areas are arranged as follows:
o Leisure (Basement) 1,640ft2
o Retail (Ground) 1,418ft2
o Residential (1st-3rd) 4,018ft2
o Total 7,076ft2
The vendor is prepared to offer a rental top up for 12 months on the currently vacant Leisure (£35,000pa) and Residential (£150,000pa) demises.
Total ERV - £240,000pa