530 Watford Way Mill Hill Circus London NW7 4RS

530 Watford Way
Mill Hill Circus
London
NW7 4RS

Freehold Commercial, Residential and Development Opportunity

Vacant ground floor shop with large separately-accessed 2-bed flat above, let on AST
Includes prominent and valuable advertising hoarding on flank wall
Development/Change of Use Opportunities (subject to consents)
Corner location in established commercial and residential location
Nearby occupiers include GAIL's Bakery, Pizza Express, Boots the Chemist, Tesco Express and Esso Petrol Filling Station
VAT not applicable

Lot
33
Auction
25th September 2024
Rent
£4,500 per Annum Exclusive
plus large Vacant Shop
Status
Sold Prior
Price
Auction Venue
Live Streamed Auction
On the Instructions of Dignity Funeral Directors

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Freehold Commercial, Residential and Development Opportunity

Vacant ground floor shop with large separately-accessed 2-bed flat above, let on AST
Includes prominent and valuable advertising hoarding on flank wall
Development/Change of Use Opportunities (subject to consents)
Corner location in established commercial and residential location
Nearby occupiers include GAIL's Bakery, Pizza Express, Boots the Chemist, Tesco Express and Esso Petrol Filling Station
VAT not applicable

Lot 33
Auction 25th September 2024
Rent £4,500 per Annum Exclusive plus large Vacant Shop
Status Sold Prior
Price
Sector
High Street Retail, Residential, Development
Auction Venue
Live Streamed Auction
On the Instructions of Dignity Funeral Directors

Property Information

Location

Miles: 10 miles north-west of Central London
Roads: A1, A47, A406, M1 (Junction 2)
Rail: Mill Hill Broadway Railway Station
Air: London Heathrow Airport, London Luton Airport, London Stansted Airport

Situation

The property is prominently situated in an established commercial and residential location, on the north side of Watford Way (A1), at its junction with Wiltshire Close and close to Mill Hill Park. Nearby occupiers include GAIL's Bakery, Pizza Express, Boots the Chemist, Tesco Express and Esso Petrol Filling Station.

Tenure

Freehold.

Location

Miles: 10 miles north-west of Central London
Roads: A1, A47, A406, M1 (Junction 2)
Rail: Mill Hill Broadway Railway Station
Air: London Heathrow Airport, London Luton Airport, London Stansted Airport

Situation

Tenure

Freehold.

Description

The property comprises a ground floor shop with a separately-accessed 2-bed flat arranged on first floor. The property benefits from an advertising hoarding on the flank wall, facing Watford Way (A1).

VAT

VAT is not applicable to this lot.

Viewings

There will be two accompanied viewings on Friday 13th September and Friday 20th September, both from 10am to 11am. If you would like to inspect, please confirm your attendance with your name and mobile number to henry.john@acuitus.co.uk

Completion Period

Six Week Completion

EPC

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

Description

VAT

VAT is not applicable to this lot.

Viewings

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.
Ground	Retail/Ancillary	67.56	(727)	VACANT	-	-
First	Residential flat - 2-bed	81.00	(871)	AN INDIVIDUAL	AST from 01/04/2024 at £375 pcm	£4,500
Total		148.56	(1,598)			£4,500

NB: Please note that there is a restriction on funeral use for this property - please see the legal pack for details.

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.