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Property Listing Details

Property details

Features

  • Freehold
  • Freehold Building
  • Two ground floor offices with 8 sold off flats above
  • Walking distance of Kensal Green Station
  • Excellent access into Central London via the A40 WestWay
  • Quiet turning off Harrow Road
  • Wide arrary of restaurants and bars
  • Queens Park, Ladbroke Grove and Kensal Rise are all within a close promiity

Listing view statistics

Last 30 days: 61 page views

Since listed: 581 page views

Description

Freehold building - offices with residential ground rents

Offers

Offers are invited in the region of £650,000 for the freehold interest, subject to contract and the existing tenancies.

Building

The property is on the corner of Regent Street and Wellington Road and was built in late 2014. Located in a secluded position close to the junctions of Harrow Road, Kilburn Lane and Chamberlayne Road.

The building comprises the following:

Ground Floor, 8 Regent Street (Unit 1) / 538 ft2
Let to Clavex Limited for a term expiring 15th October 2020 outside the Landlord and Tenant Act at a passing rent of £15,000 per annum.

Ground Floor, 5 Wellington Road (Unit 2) / 845 ft2
Let to Arm London Limited for a term expiring October 2024 outside the Landlord and Tenant Act at a passing rent of £21,500 per annum. There is a Tenant only option to break in October 2022.

8 flats above have been sold off on 125 years leases from 2015. Each paying a ground rent of £350 per annum.

Total income £39,300 per annum.

Location

Located near to the junction of Kilburn Lane and Harrow Road and within walking distance of Kensal Green Station (Bakerloo Line and Overground trains).

Local occupiers include Tesco Express, Nandos and many other independent retailers.

VAT

Plus VAT.

Map & Nearby

Local Amenities

  • Kensal Green 0.3 miles
  • Kensal Green 0.4 miles
  • Bales College 0.1 miles
  • Ark Franklin Primary Academy 0.3 miles

Local map of the area

Map and Street View Map showing location of property

Local Amenities

  • Kensal Green 0.3 miles
  • Kensal Green 0.4 miles
  • Bales College 0.1 miles
  • Ark Franklin Primary Academy 0.3 miles
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Property descriptions and related information displayed on this page are marketing materials provided by Dutch & Dutch. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Dutch & Dutch for full details and further information.