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Retail premises for sale in Mill Lane, West Hampstead

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Retail premises for sale

446 sq. ft*

Property description

Accommodation
Comprises the freehold of an attractive shop and upperpart in this well - known location. The shop occupies approximately 252 sq ft (23.41 m2) on the ground floor, with an additional garden floor of approximately 195 sq ft (18.12 m2) giving a total floor area of 41.43 m2 (446 sq ft.) To the rear of the shop is an open yard/garden area.

The upperpart comprises a 2 bedroom flat on two floors, which is to be occupied on a long lease at a peppercorn rent.

Shop Lease
The shop is let to an established beauty clinic on a renewable lease from November 2016, for a term of 8 years, with a rent review at the end of the 4th year of the term, on full repairing and insuring terms. The current rent is £17,000 p.a.x.

Upperparts
The upperparts are to be let on a long leasehold basis at a peppercorn rent.

Freehold £295,000 subject to contract

Property info

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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 3H Property Consultants, and do not constitute property particulars. Please contact 3H Property Consultants 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.