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182 Kilburn High Road, London, NW6 4JD
3,016 Sq Ft / Retail / General Retail
Withdrawn - Last updated: 16 January 2023
Summary
Freehold shop and residential upper part for sale.
Large ground floor shop of circa 1,624 sq ft let to Buraq Cafes Private Limited (t/a Creams) for a term of 15 years from 16th March 2018 at £48,000 per annum, tenant breaks 16th March 2023 and 2028, rent reviews 16th March 2023 and 2028.
Upper part residential HMO (License No. 55634) accessed via Kingsgate Place, arranged as 9 rooms, kitchen, 2 x bathrooms and WC. N.B 2 self-contained units have been created without consent. Residential to be sold with vacant possession.
Key Points
Freehold shop and upper part investment opportunityGround floor retail unit let at £48,000 per annum with 2023 rent reviewUpper part (to be sold with VP) HMO arranged as 9 rooms, kitchen, 2 x bathrooms, WCBusy, prime Kilburn High Road positionIncome producing with scope for asset management to generate significant rental increase
Viewings
Strictly by appointment with the seller's sole agent, Dutch & Dutch.
Council Tax
The 1st, 2nd and 3rd Floor are registered under a single entry within Council Tax band E (£2,190.14 per annum)
https://www.tax.service.gov.uk/check-council-tax-band/property/13493307000
Utility Supplies
We understand there is a single gas and single electricity supply to the upper part.
Location
Prime spot on Kilburn High Road, in-between Brondesbury and Kilburn High Road Stations. Other retailers on the parade include Costa, Poundland, Aldi, TK Max, Sports Direct, Vodafone as well as numerous successful independents.
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