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Property details
Map & nearby

Commercial property for sale in - 258 Kingsbury Road, Kingsburys, London, Greater London

Investment

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Commercial property for sale

From 1,420 - 2,182 sq. ft*

Property features

Double Shop
2 Bedroom Flat
Let on a Single Lease
£44,000 per annum income
Long Leasehold for Sale

Property description

A tenanted investment property comprising ground floor double unit, trading as a restaurant, together with a first floor 2 bedroom flat. The property is held on 189 year long leasehold (152 years unexpired) at a peppercorn.

The ground floor restaurant is 1,420 sq ft overall and has an itza of 1,071 sq ft. The first floor flat (self contained and accessed from the rear service road) has 3 rooms, kitchen and bathroom.

The entire property is leased to Mr Wasim Sheikh t/a Mazza Restaurant. The lease is for 15 years from 1st December 2022 at a rental of £44,000 per annum. The lease was renewed from an original 15 year term. The tenant is long established and there are no arrears.

Offers are invited for this well secured long leasehold investment. Asking price £560,000 subject to contract.

Property info

Current Brochure

Transport Schools Healthcare Food stores Restaurants/bars Sports/health clubs Parks/recreation

* Sizes listed are approximate. Please contact the agent to confirm actual size.

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Chamberlain Commercial, and do not constitute property particulars. Please contact Chamberlain Commercial for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.