9 Blenheim Terrace St John's Wood London NW8 0EH

9 Blenheim Terrace
St John's Wood
London
NW8 0EH

London Retail Investment

Ground floor cafe let until Feb 2035 (no breaks) t/a Caffe Bianco
Highly prestigious and affluent North West London location
Immediate proximity to Abbey Road and Lords Cricket Ground
400 metres from the World Famous Beatles Crossing on Abbey Road
VAT Free Investment

Lot
19
Auction
2nd November 2023
Rent
£20,000 per Annum Exclusive
Status
Sold
Price
£271,000
Auction Venue
Live Streamed Auction

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London Retail Investment

Ground floor cafe let until Feb 2035 (no breaks) t/a Caffe Bianco
Highly prestigious and affluent North West London location
Immediate proximity to Abbey Road and Lords Cricket Ground
400 metres from the World Famous Beatles Crossing on Abbey Road
VAT Free Investment

Lot 19
Auction 2nd November 2023
Rent £20,000 per Annum Exclusive
Status Sold
Price £271,000
Sector
High Street Retail
Auction Venue
Live Streamed Auction

Property Information

Location

Miles: 1.5 miles north of London’s West End
Roads: A41 Wellington Road/Finchley Road
Rail: St John’s Wood Underground Station (Jubilee Line), Maida Vale (Bakerloo Line)
Air: London Heathrow, London Luton and London City Airports

Situation

St. John’s Wood is a highly affluent and prestigious North London district situated just north of Regent’s Park and is home to the world famous Lords Cricket Ground. The property is well located on Blenheim Terrace close to its junction with Abbey Road. The immediate vicinity predominantly comprises an eclectic mix of restaurants and cafes including Pizza Express as well as attractive terrace houses.

Tenure

Virtual Freehold. Held for a term of 999 years from 29/09/1987 at a ground rent of one white rose.

Location

Miles: 1.5 miles north of London’s West End
Roads: A41 Wellington Road/Finchley Road
Rail: St John’s Wood Underground Station (Jubilee Line), Maida Vale (Bakerloo Line)
Air: London Heathrow, London Luton and London City Airports

Situation

Tenure

Virtual Freehold. Held for a term of 999 years from 29/09/1987 at a ground rent of one white rose.

Description

The property comprises a ground floor cafe forming part of a larger terraced building with self-contained residential accommodation on the first and second floors.

VAT

VAT is not 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

The property comprises a ground floor cafe forming part of a larger terraced building with self-contained residential accommodation on the first and second floors.

VAT

VAT is not 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 sq m	Floor Areas Approx sq ft	Tenant	Term	Rent p.a.x.	Rent Review
Ground	Retail	27.50	(296)	INDIVIDUALS t/a Caffe Bianco	20 years from 03/02/2015 until 02/02/2035	£20,000	03/02/2025 and five yearly
Total Approximate Floor Area		27.50	(296) (1)			£20,000

(1) The floor areas stated above are those published by the Valuation Office Agency (www.voa.gov.uk).

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.