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£275,000
880 ft² |
Belsize Road, Kilburn, London
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  • Tenanted 105 year long leasehold investment
  • Lease personally guaranteed
  • Excellent condition throughout
  • In the heart of Kilburn moments from Kilburn High Road station
  • 2018 Rent Review with rent reviews 5 yearly thereafter
  • Lease Outside the Landlord and Tenant act
  • 15 year lease from 2013
Moments from Kilburn High Road and situated in a residential populated area.

The property is arranged over ground and basement and has the advantage of both an A1 and an A2 license, The property was renovated a few years ago to a high standard that included; wood effect flooring, air conditioning, kitchenette and a WC.

A copy of the tenants lease is available upon request.

LOCATION

The property is located on Belsize Road a secondary trading location just off Kilburn High Road next to the junction with Priory Road and close to the Kilburn High Road underground station.

TERMS

The 105 years (approx) long leasehold is available at a yearly peppercorn rent for £275,000 subject to contract.
The Tenant, Mr Simon Ayeze has a Full Repairing and Insuring lease for a term of 15 years from 15th August 2013, outside the 1954 Landlord and Tenant Act.
Rent reviews are every 5th year anniversary with the first falling due in August 2018. The present rent is £14,000 per annum exclusive.




A copy of the Tenants lease is available upon request.

VAT

Note that the price quoted is exclusive of VAT which is occasionally payable on commercial properties.

BUSINESS RATES

2017 draft valuation of the rateable value of the office accommodation is (£7,600 per annum)
Interested parties to make their own enquires in relation to rates payable.

https://www.gov.uk/calculate-your-business-rates

EPC

An EPC Certificate has been commissioned and is available upon request.

VIEWINGS

All viewings are to be arranged through our office, please contact:

Zach Forest (020) 7443 9867 / M: 07890 209 397
zach@dutchanddutch.com

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You may download, store and use the material for your own personal use and research. You may not republish, retransmit, redistribute or otherwise make the material available to any party or make the same available on any website, online service or bulletin board of your own or of any other party or make the same available in hard copy or in any other media without the website owner's express prior written consent. The website owner's copyright must remain on all reproductions of material taken from this website.