36 Golders Green Road & Flats 1-5, 14 Golders Way London NW11 8LL

36 Golders Green Road & Flats 1-5, 14 Golders Way
London
NW11 8LL

Freehold Retail and Residential Investment

Retail let until 2027 (no breaks)
Includes 5 newly converted self-contained residential flats
Approximately 160 metres from Golders Green Underground Station and Coach Station
Affluent North West London suburb
Nearby occupiers include Sainsbury’s Local, Boots the Chemist, EE and Specsavers Optician
For the Seller's Legal Pack, please click the Property Documents tab below

Lot
17
Auction
16th February 2017
Rent
£103,500 per Annum Exclusive
Status
Sold
Price
£1,710,000
Auction Venue
The Radisson Blu Portman Hotel
22 Portman Square
London W1H 7BG

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Freehold Retail and Residential Investment

Retail let until 2027 (no breaks)
Includes 5 newly converted self-contained residential flats
Approximately 160 metres from Golders Green Underground Station and Coach Station
Affluent North West London suburb
Nearby occupiers include Sainsbury’s Local, Boots the Chemist, EE and Specsavers Optician
For the Seller's Legal Pack, please click the Property Documents tab below

Lot 17
Auction 16th February 2017
Rent £103,500 per Annum Exclusive
Status Sold
Price £1,710,000
Sector
High Street Retail
Auction Venue
The Radisson Blu Portman Hotel
22 Portman Square
London W1H 7BG

Property Information

Location

Miles: 2 miles north of Hampstead, 5 miles north-west of Central London
Roads: A1, A41, A406 (North Circular Road), M1 (Junction 1)
Rail: Golders Green Underground Station (Northern Line)
Air: London Heathrow Airport, London City, Airport, London Luton Airport, London, Stansted Airport

Situation

Golders Green is an affluent North West London suburb some 5 miles north of London's West End. The location benefits from excellent communications being close to the A406 (North Circular Road) and M1 and being served by Golders Green Underground, Coach and Bus Station. The property is prominently situated on the north side of Golders Green Road, with Golders Way immediately to the rear. Nearby occupiers include Sainsbury's Local, Boots the Chemist, EE and Specsavers Optician.

Tenure

Freehold.

Location

Miles: 2 miles north of Hampstead, 5 miles north-west of Central London
Roads: A1, A41, A406 (North Circular Road), M1 (Junction 1)
Rail: Golders Green Underground Station (Northern Line)
Air: London Heathrow Airport, London City, Airport, London Luton Airport, London, Stansted Airport

Situation

Tenure

Freehold.

Description

The property comprises retail accommodation on the ground floor with 5 newly converted self-contained residential flats which are accessed from Golders Way. Four of the flats benefit from an additional remote store room on the 3rd floor.

VAT

VAT is applicable to this lot.

Completion Period

Six Week Completion

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

VAT

VAT is applicable to this lot.

Completion Period

Six Week Completion

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor	Use	Floor Areas (Approx)		Tenant	Term	Rent p.a.x	Reviews
Ground	Retail	123.90 sq m	(1,334 sq ft)	POLISH DELI MAGDA LIMITED	20 years from 29/06/2007 until 2027	£34,500	29/06/2017 29/06/2022
First to third (part) Third	5 x 1 bedroom residential flats Remote storage	148.42 sq m	(1,598 sq ft)	INDIVIDUALS	5 x Assured Shorthold Tenancies	£69,000
Totals		288.32 sq m	(3,098 sq ft)			£103,500