Flat for sale in Frognal Parade, Finchley Road, London , NW3 -

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A well located parade of shops on the Finchley Road (A41) close to the O2 Centre. Finchley Road Underground Station (Metropolitan / Jubilee Line) and Frognal (Silverlink) Railway Station are also in close proximity. An investment opportunity to buy the 83 year lease of a mostly let parade of 16 shops (measuring approximately 7,956sq.ft in total) and the residential upper parts. The upper parts are all sold on long leases with a ground rent income of circa £1100per annum. The current rental Income / ERV from the shops is circa £238,856 per annum. The ground rent is circa £39,000 per annum and the Vendor is looking to sell the entire parade as a single lot but may be willing to consider offers on individual units subject to price.

property reference: BAME999000791

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