35 Walm Lane Willesden Green London NW2 5SH

  • 35 Walm Lane<br>Willesden Green<br>London<br>NW2 5SH

35 Walm Lane
Willesden Green
London
NW2 5SH

Freehold Highly Reversionary Retail and Residential Investment with Development Potential (subject to consents)

  • Two retail units and two residential flats with valuable reversion in 2017
  • Currently sublet at approximately £102,540 p.a. (subject to footnote (1))
  • Prominent corner position in popular North-West London suburb close to Willesden Green Underground Station
  • Nearby occupiers include Sainsbury’s Local, Costa Coffee and Ladbrokes
  • Buyer's Legal Report available <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>
  • Lot
    12
  • Auction
    26th March 2015
  • Rent
    £242 per Annum Exclusive
  • Status
    Sold
  • Price
    £1,500,000
  • Sector
    High Street Retail
  • Auction Venue
    Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
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  • Photos
  • Map

* More information on the term "price" can be found here

Freehold Highly Reversionary Retail and Residential Investment with Development Potential (subject to consents)

  • Two retail units and two residential flats with valuable reversion in 2017
  • Currently sublet at approximately £102,540 p.a. (subject to footnote (1))
  • Prominent corner position in popular North-West London suburb close to Willesden Green Underground Station
  • Nearby occupiers include Sainsbury’s Local, Costa Coffee and Ladbrokes
  • Buyer's Legal Report available <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>
  • Lot 12
  • Auction 26th March 2015
  • Rent £242 per Annum Exclusive
  • Status Sold
  • Price £1,500,000
  • Sector
    High Street Retail
  • Auction Venue
    Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG

Property Information

Location
Miles
4 miles east of Wembley, 5 miles south of Edgware, 5 miles north of Central London
Roads
A41, A406, M1 (Junction 1)
Rail
Cricklewood Railway Station and Willesden Green Underground Station
(Jubilee Line)
Air
London Heathrow Airport, London City Airport
Situation

The property is situated in a prominent corner position on the northern side of Walm Lane at its junction with St Paul’s Avenue. The property is approximately
75 metres from Willesden Green Underground Station (Jubilee Line) with other
nearby occupiers including Sainsbury’s Local, Costa Coffee, Ladbrokes and
Winkworth Estate Agents.

Tenure

Freehold.

Location
Miles
4 miles east of Wembley, 5 miles south of Edgware, 5 miles north of Central London
Roads
A41, A406, M1 (Junction 1)
Rail
Cricklewood Railway Station and Willesden Green Underground Station
(Jubilee Line)
Air
London Heathrow Airport, London City Airport
Situation

The property is situated in a prominent corner position on the northern side of Walm Lane at its junction with St Paul’s Avenue. The property is approximately
75 metres from Willesden Green Underground Station (Jubilee Line) with other
nearby occupiers including Sainsbury’s Local, Costa Coffee, Ladbrokes and
Winkworth Estate Agents.

Tenure

Freehold.

Description

The property comprises eight ground floor retail units which have been amalgamated to provide two larger units with 2 self-contained residential flats on the first and second floors, accessed from the rear.

Six Week Completion

Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.

VAT

VAT is not applicable to this lot.

EPC

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

Description

The property comprises eight ground floor retail units which have been amalgamated to provide two larger units with 2 self-contained residential flats on the first and second floors, accessed from the rear.

Six Week Completion

Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.

VAT

VAT is not applicable to this lot.

EPC

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

Tenancy & Accommodation

Unit Floor Use Floor Areas (Approx) Tenant Term Rent p.a.x. Reversion
35 & 35A-35D
35E,35F,35G
Flat 1
Flat 2
Ground
Ground
First
Second
Retail
Retail
Residential – 4 Rooms, Kitchen & WC
Residential – 3 Rooms, Kitchen & WC
231.49 sq m
26.85 sq m
107.21 sq m
85.00 sq m
(2,492 sq ft)
(289 sq ft)
(1,154 sq ft)
(915 sq ft)
INDIVIDUAL (1) (2) 80 years from 24/06/1937 on a full repairing and insuring lease £242.50 (1) 23/06/2017
Totals    
450.55 sq m
(4,850 sq ft)
    £242.50 (1)  

1) We understand that the property has been sublet to four separate tenants at a current subrent of approximately £102,540 p.a. Please note, this information is provided as a guide only and buyers are deemed to have conducted their own enquiries. Neither Acuitus Limited or our clients offer any warranty with regard to the accuracy of this information and accept no liability for any inaccuracies.
(2) Units 35 and 35A-35D have been amalgamated to provide one large unit which is trading as Metro Textiles. Unit 35E-35G have been amalgamated to provide one unit trading as Pomegranate Café.

Property Documents

  • Catalogue Page
    Updated Date
    03.03.15
    File Size
    904 KB
    View PDF
  • Site Plan
    Updated Date
    03.03.15
    File Size
    68 KB
    View PDF
  • Common Auction conditions
    Updated Date
    10.06.21
    File Size
    168 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Acuitus
Henry WilkinsonHenry Wilkinson +44 (0)20 7034 4861 Henry.wilkinson@acuitus.co.uk
Seller's Solicitors
Porter Dodson Central House, Church Street
Yeovill
Somerset
BA20 1HH
Brian Maxwell 01935 424 581brian.maxwell@porterdodson.co.uk

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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