Freehold Retail and Residential Investment
Freehold Retail and Residential Investment
Edgware is a popular North West London suburb. The property is prominently located on the fringe of Edgware town centre on the east side of Hale Lane, just 250 metres from Edgware Underground Station. Nearby occupiers include Nationwide, Tesco, NatWest, Nando’s and Greggs
Freehold.
Edgware is a popular North West London suburb. The property is prominently located on the fringe of Edgware town centre on the east side of Hale Lane, just 250 metres from Edgware Underground Station. Nearby occupiers include Nationwide, Tesco, NatWest, Nando’s and Greggs
Freehold.
The property comprises ground floor retail accommodation with a two bedroom maisonette on the first and second floors. The maisonette is accessed via a separate entrance from the front of the property.
VAT is not applicable to this lot.
Six Week Completion
The EPC will be available to view online in the solicitor’s legal pack.
The property comprises ground floor retail accommodation with a two bedroom maisonette on the first and second floors. The maisonette is accessed via a separate entrance from the front of the property.
VAT is not applicable to this lot.
Six Week Completion
The EPC will be available to view online in the solicitor’s legal pack.
| Floor | Use | Floor Areas (Approx) | Tenant | Term | Rent p.a.x | Reviews (Reversion) |
|
|---|---|---|---|---|---|---|---|
| Ground | Retail | 130.81 sq m |
(1,408.07 sq ft) |
PIZAZA EDGWARE LIMITED (1) on assignment |
20 years from 13/01/2006 until 2026 on a full repairing and insuring lease |
£25,000 | 13/01/2016 and 2021 |
| First & Second |
Residential | 1 x two bedroom maisonette |
LIGHTSHIELD LIMITED |
Assured Shorthold Tenancy for a term of 1 year from 18/03/2017 until 17/03/2018 - Holding Over |
£15,600 | ||
| Total Commercial Area |
130.81 sq m |
(1,408.07 sq ft) |
£40,600 | ||||
(1) As to the retail unit, Pizaza Edgware Limited has just taken an assignment of the lease and has not yet fitted out the property to trade as the popular pizza restaurant, Pizaza. Pizaza also operate two other units in Golders Green and Hendon.
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