Freehold retail investment for sale
- Rarely available freehold retail investment
- Ground floor shop let at £25,000 pa until September 2034 with a mutual break on the 30th September 2025
- Rent Reviews: 30 September 2025, 2029, 2033
- Two flats above sold on 150 year leases from 1986 (113 years unexpired) each producing £300 per annum
- Total rents of £25,600 per annum.
- Very popular local parade of shops in Maida Vale
- freehold
Rarely available freehold retail investment for sale. The property is arranged over three floors, situated in a popular retail parade in Maida Vale.
The ground floor shop is let to a local construction company, Beattie Building Construction Limited, on a lease expiring in September 2033. Current passing rent of £25,000 per annum, with a mutual break clause on the 30th of September 2025 subject to 6 months prior notice . The lease benefits from a rent review in September 2025 and a personal guarantee.
The residential upper parts, 68a and 68b Castellain Road, have been sold off on 150 year long leaseholds from 25/12/1986 each producing £300 per annum.
Address:
9 Lauderdale Parade, Maida Vale, London, W9 1LU
Type:
Retail
Est. Rates Payable:
16.18
Tenure:
freehold
Unit & Floors
| Unit | Floor | SQ FT / SQ M | AVAILABILITY |
|---|---|---|---|
| 1 | basement | 193 / 18 | Available |
| 2 | Ground | 578 / 54 | Available |
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