7 & 7A Warwick Parade, Belmont Circle Kenton London HA3 8SA

7 & 7A Warwick Parade, Belmont Circle
Kenton
London
HA3 8SA

Freehold Public House and Residential Investment

Public House with 4 x Bedroom Maisonette
Entirely Let Until 2031
Affluent North West London Location
Popular Neighbourhood Retailing Hub
First Time on the Market for 51 Years
VAT Free Investment
Nearby Occupiers Include Costa, Lloyds Pharmacy, William Hill, Spar, Tesco and Domino's.

Lot
3
Auction
18th May 2022
Rent
£27,000 per Annum Exclusive
Status
Sold
Price
£629,000
Auction Venue
Live Streamed Auction

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Freehold Public House and Residential Investment

Public House with 4 x Bedroom Maisonette
Entirely Let Until 2031
Affluent North West London Location
Popular Neighbourhood Retailing Hub
First Time on the Market for 51 Years
VAT Free Investment
Nearby Occupiers Include Costa, Lloyds Pharmacy, William Hill, Spar, Tesco and Domino's.

Lot 3
Auction 18th May 2022
Rent £27,000 per Annum Exclusive
Status Sold
Price £629,000
Sector
High Street Retail, Residential
Auction Venue
Live Streamed Auction

Property Information

Location

Miles: 12 miles north-west of Central London
Roads: A409, A4006, A5 & M1 (Junction 1)
Rail: Harrow and Wealdstone Rail (Bakerloo Line) Cannons Park Underground (Jubilee Line)
Air: London Heathrow Airport, London Luton Airport, London Stansted Airport, London City Airport

Situation

Kenton is an affluent and popular north west London suburb of Kenton situated some 9 miles north west of London's West End. The property is prominently situated in Belmont Circle, a busy roundabout junction forming a hub of neighbourhood retailing parades. Neighbouring occupiers include an eclectic mix of local retailers, restaurants and national occupiers including Costa, Lloyds Pharmacy, William Hill, Spar, Tesco and Domino's.

Tenure

Freehold.

Location

Miles: 12 miles north-west of Central London
Roads: A409, A4006, A5 & M1 (Junction 1)
Rail: Harrow and Wealdstone Rail (Bakerloo Line) Cannons Park Underground (Jubilee Line)
Air: London Heathrow Airport, London Luton Airport, London Stansted Airport, London City Airport

Situation

Tenure

Freehold.

Description

The property comprises a ground floor public house with a lower ground ancillary area and a self contained 4 x bedroom maisonette on the first and second floors. The Maisonette is accessed from the rear service road via Kenmore Avenue.

VAT

VAT is not applicable to this lot.

Completion Period

Six week completion

EPC

Band C (Retail) Band D (Residential).

Description

VAT

VAT is not applicable to this lot.

Completion Period

Six week completion

EPC

Band C (Retail) Band D (Residential).

Tenancy & Accommodation

Floor	Use	Floor Areas (Approx sq m)	Floor Areas (Approx sq ft)	Tenant	Term	Rent p.a.x.	Review/(Reversion)
Ground Lower Ground First Second	Public House Ancillary Residential Residential	120.94 sq m 27.00 sq m 39.49 sq m 31.53 sq m	(1,301 sq ft) (290 sq ft) (425 sq ft) (339 sq ft)	INDIVIDUAL t/a Life of Reilly's (1)	20 years from 25/03/2011 until 2031	£27,000	25/03/2024 (24/03/2031)
Total Approximate Floor Area		218.96 sq m	(2,356 sq ft)			£27,000

(1) The Landlord is holding a rent deposit of £8,000.

If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.