Virtual Freehold Retail Investment
Virtual Freehold Retail Investment
The property is situated in a highly visible and strong trading position on the busy junction of Kilburn High Road (A5) and Willesden Lane (A4403). Kilburn High Road forms part of the A5 which is the major arterial route from London’s West End through North West London to Edgware. The locality is a popular residential suburb with an eclectic demographic.
Virtual Freehold. Held for a term of 999 years from completion of the sale at a peppercorn rent.
The property is situated in a highly visible and strong trading position on the busy junction of Kilburn High Road (A5) and Willesden Lane (A4403). Kilburn High Road forms part of the A5 which is the major arterial route from London’s West End through North West London to Edgware. The locality is a popular residential suburb with an eclectic demographic.
Virtual Freehold. Held for a term of 999 years from completion of the sale at a peppercorn rent.
The property comprises retail accommodation on the ground floor with ancillary accommodation in the basement.
The adjoining property is being sold as Lot 13.
VAT is applicable to this lot.
The EPC will be available to view online in the solicitor’s legal pack.
The property comprises retail accommodation on the ground floor with ancillary accommodation in the basement.
The adjoining property is being sold as Lot 13.
VAT is applicable to this lot.
The EPC will be available to view online in the solicitor’s legal pack.
| Floor | Use | Floor Areas (Approx) | Tenant | Term | Rent p.a.x | Review | |
|---|---|---|---|---|---|---|---|
| Ground Basement |
Retail Ancillary |
70.30 sq m 72.10 sq m |
(757 sq ft) (776 sq ft) |
WANASA CIGARS LIMITED t/a Wanasa Cigars | 15 years from October 2011 until 2026 on a full repairing and insuring lease (1) (2) | £20,000 | 2016 |
| Totals | 142,40 sq m |
(1,533 sq ft) |
£20,000 | ||||
(1) The lease provides for a tenant option to determine the lease in April 2016 on giving 6 months notice.
(2)The seller is holding a 3 month rent deposit.
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