Fixed price
£499,950
(£356.09/sq. ft)
Retail premises for saleEdgware Road, Colindale, London NW9
1,404 sq. ft
EPC Rating: D
About this property
Freehold Shop & Upper
Investment
Shop & UPpers
Freehold shop and uppers set over ground, first and second floors, 1404 sq.ft gia approx.
Ground floor shop 558 sq.ft approx. Let on a 15 year lease from 27.5.22, currently trading as a mini market, with rear storage and w.c. At £15,000 pax
First and second floors 846 sq.ft approx. Comprise a 4 bedroom maisonette in dated condition with large private garden at rear. Let on a regulated tenancy at a passing rent of £5954 per annum. We understand there has been no rent increase since 2013.
Copy of commercial lease available on request.
Location
Set on Edgware Road (A5) a busy parade with many local and independent retailers and eateries. Multiples include Costa, jd Wetherspoon, Morrisons and Premier Inn. Brent Cross and the nearby Cricklewood regeneration is approx. 2km to the south.
Transport links include Colindale Tube and Hendon Station (Thameslink)
Business Rates
Rateable value - £10,750 (as taken from )
This is not the amount you will pay. The rateable value is used to calculate your rates bill.
Please refer to the Local Authority for more information on rates
Residential - Council Tax C
Legal Costs
Each side to bear their own
Tenure
Freehold
EPC
Commercial - Energy Rating C - Valid until 2032
Residential - Energy Rating D - Valid until 2034
Viewing
Via the owners sole agents pss Commercial.
VAT
Under the Finance Acts 1989 and 1997 VAT may be levied on the purchase price. We recommend that the prospective buyers establish the VAT implications before entering into any agreement.
Ground floor shop 558 sq.ft approx. Let on a 15 year lease from 27.5.22, currently trading as a mini market, with rear storage and w.c. At £15,000 pax
First and second floors 846 sq.ft approx. Comprise a 4 bedroom maisonette in dated condition with large private garden at rear. Let on a regulated tenancy at a passing rent of £5954 per annum. We understand there has been no rent increase since 2013.
Copy of commercial lease available on request.
Location
Set on Edgware Road (A5) a busy parade with many local and independent retailers and eateries. Multiples include Costa, jd Wetherspoon, Morrisons and Premier Inn. Brent Cross and the nearby Cricklewood regeneration is approx. 2km to the south.
Transport links include Colindale Tube and Hendon Station (Thameslink)
Business Rates
Rateable value - £10,750 (as taken from )
This is not the amount you will pay. The rateable value is used to calculate your rates bill.
Please refer to the Local Authority for more information on rates
Residential - Council Tax C
Legal Costs
Each side to bear their own
Tenure
Freehold
EPC
Commercial - Energy Rating C - Valid until 2032
Residential - Energy Rating D - Valid until 2034
Viewing
Via the owners sole agents pss Commercial.
VAT
Under the Finance Acts 1989 and 1997 VAT may be levied on the purchase price. We recommend that the prospective buyers establish the VAT implications before entering into any agreement.
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