Home » Property Search » Auctions » 09/02/17 » 75 Cricklewood Broadway, Cricklewood, NW2 3JR

Lot 24 - 75 Cricklewood Broadway, Cricklewood, NW2 3JR

LotImage
LotImage
LotImage
LotImage

LONG LEASEHOLD COMMERCIAL INVESTMENT

Guide price: £160,000 - £170,000

Location & Description

Forming part of a mid-terrace property comprising a ground floor shop within a local parade serving the surrounding popular residential area.
On the west side of Cricklewood Broadway (A5) within this established shopping centre, about ½ mile from Cricklewood Lane and Cricklewood mainline station. Nearby multiple retailers include Costa, Coral and The Co-operative Funeralcare. Cricklewood has good road access via the A41 to the east and the North Circular Road (A406) to the north.

Accommodation

Ground Floor Shop:
489 sq ft (45.4 sq m),
Store/Plant Room:
155 sq ft (14.4 sq m) plus WC
Let on a repairing and insuring lease to Rizgar Ahmed Asmael Jaf (trading as a Launderette) for 15 years from 24.06.2015 at £10,000 p.a. Rent reviews 2019 and 5 yearly

Lease Details

999 years from completion at a fixed ground rent of £100 p.a.

EQUIVALENT TO £10,000 p.a.

EPC Rating

On application

Result

Sold for £171,000

Addendum

Clause 3 of the head lease has been slightly updated and there is now a lease plan attached.

  • enquiry iconProperty Enquiry
  • email shareSend to a friend
  • print iconPrint Details
  • legal document iconView Legal Documents