19 & 19A Walm Lane London NW2 5SH

19 & 19A Walm Lane
London
NW2 5SH

Freehold Retail and Residential Investment

Ground and basement let until 2020
Located in a busy North-West London suburb
Situated some 160 metres from Willesden Green Underground Station
Nearby occupiers include Blockbuster, Ladbrokes Betting Office and numerous local retailers.

Lot
33
Auction
22nd February 2011
Rent
£41,880 per Annum Exclusive
Status
Withdrawn Post
Price
Auction Venue
Millennium Hotel
39-44 Grosvenor Square
London W1K 2HP

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Freehold Retail and Residential Investment

Ground and basement let until 2020
Located in a busy North-West London suburb
Situated some 160 metres from Willesden Green Underground Station
Nearby occupiers include Blockbuster, Ladbrokes Betting Office and numerous local retailers.

Lot 33
Auction 22nd February 2011
Rent £41,880 per Annum Exclusive
Status Withdrawn Post
Price
Sector
High Street Retail
Auction Venue
Millennium Hotel
39-44 Grosvenor Square
London W1K 2HP

Property Information

Location

Miles: 4 miles north west of London's West End; 4.4 miles east of Brent
Roads: A407, A406 (North Circular), M1 (Junction 1)
Rail: Willesden Green Underground Station (Jubilee Line)
Air: London City Airport, London Heathrow

Situation

The property is situated in a Conservation Area on the northern side of the busy Walm Lane (A406), some 160 metres from Willesden Green Underground Station. Nearby occupiers include Blockbuster, Ladbrokes Betting Office and numerous local retailers.

Tenure

Freehold.

Location

Miles: 4 miles north west of London's West End; 4.4 miles east of Brent
Roads: A407, A406 (North Circular), M1 (Junction 1)
Rail: Willesden Green Underground Station (Jubilee Line)
Air: London City Airport, London Heathrow

Situation

Tenure

Freehold.

Description

The property comprises a RETAIL UNIT currently used as a fast food restaurant over the ground and basement floors with a 3/4 BEDROOM RESIDENTIAL FLAT on the first and second floors, accessed from the rear. The first and second floors extend over a driveway to the west of the property.

VAT

VAT is not applicable to this lot.

EPC

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

Description

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	Review/(Reversion)
19 Walm Lane	Basement Ground	Retail	48.00 sq m	(517 sq ft)	GARDENIA BAKERY LIMITED	16 years from 02/09/2004 until 01/09/2020 on a full repairing and insuring lease	£19,000	02/12/2012 and 02/12/2016
19A Walm Lane	First Second	Residential	123.00 sq m	(1,324 sq ft)	INDIVIDUAL	Assured Shorthold Tenancy for a term of 6 months from 12/10/2010	£22,880.04	(13/04/2011)
Totals			171.00 sq m	(1,841 sq ft)			£41,880.04