Offers over
£2,500,000
(£497.02/sq. ft)
Block of flats for saleHamilton Road, London NW11
5,030 sq. ft
About this property
Located in Golders Green, 3-minute walk to Brent Cross Underground Station.
The property is arranged over lower ground, ground, first and second floors and comprises one retail unit and seven flats.
The commercial premises is let to wcf London Limited on a 5 year lease expiring 20th April 2028.
The seven units are arranged as 2 x studios, 1 x 1 bedroom, 4 x 2 bedroom flats, and all let on Assured Shorthold Tenancy agreements.
Comprising 5,030 sq ft gia (467 sq m).
Total current passing rent £161,393 per annum.
The property benefits from an immediate reversion, with an Estimated Rental Value of £195,200 per annum.
Offers in Excess of £2,500,000 (Two Million Five Hundred Thousand Pounds) subject to contract and exclusive of vat.
A sale at this level reflects a Net Initial Yield of 6.07%, reversionary yield based on the quoted erv of 7.34%, and a very low Capital Value of £497 per sq ft.
The property is arranged over lower ground, ground, first and second floors and comprises one retail unit and seven flats.
The commercial premises is let to wcf London Limited on a 5 year lease expiring 20th April 2028.
The seven units are arranged as 2 x studios, 1 x 1 bedroom, 4 x 2 bedroom flats, and all let on Assured Shorthold Tenancy agreements.
Comprising 5,030 sq ft gia (467 sq m).
Total current passing rent £161,393 per annum.
The property benefits from an immediate reversion, with an Estimated Rental Value of £195,200 per annum.
Offers in Excess of £2,500,000 (Two Million Five Hundred Thousand Pounds) subject to contract and exclusive of vat.
A sale at this level reflects a Net Initial Yield of 6.07%, reversionary yield based on the quoted erv of 7.34%, and a very low Capital Value of £497 per sq ft.
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