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Retail & Residential Investment, 258 Watford Way, Hendon, NW4 4UJ

701 Sq Ft / Retail / Investment

For Sale - £550,000.00

Available - Last updated: 20 November 2024

Comprises a ground floor shop together with a 2 bed flat on the first floor and rear ground floor vacant office.

Location

The premises are situated in a prominent position in this secondary parade of shops on the busy main road (A41) close to the junction with Greyhound Hill and being close to Evans Cycles.

Accommodation

Frontage - 23’
Internal width - 20’11 narrowing to 11’ at the rear
Depth - 36’ 9
Ground floor area - 580 sq ft

Terms

TENANCIES & INCOMES
The shop is let on an FRI lease to JSAC Ltd t/a Belvoir Estate Agents for a term expiring March 2026 producing £16,000 per annum exclusive.
 
The first floor 2 bed flat, which is approached from the rear, is let on an AST expiring in July 2024 producing £19,200 per annum.
 
Total income: £35,200 per annum
 
In addition, there is a self contained rear ground floor office with own kitchenette, shower & wc affording a floor area of 121 sq ft which is offered with vacant possession.
 
TENURE - Freehold for sale subject to the tenancies and incomes as above and vacant possession of the office.
 
PRICE - Offers in the region of £550,000.
 
EPC - Shop: E. Flat: E
 
LEGAL COSTS - Each party to be responsible for their own costs incurred.

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
Shop & retail investment in Hendon NW4 For Sale Freehold £550,000.00 NA

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Agency Team

Michael Berman & Co

020 3151 2953

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