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    Auction House London
    Lot 23
    Retail Property (high street)
    153 Hale Lane
    Edgware, Middlesex, HA8 9QW
    Sold for £375,000.
     
    All
    Number 1
    A Mid Terrace Building Arrange to Provide a Ground Floor Shop and a Split Level Three Bedroom Flat Fully Let Producing £24,000 Per Annum

    Description

    The property comprises a mid terrace building arranged to provide a ground floor shop and a second and third floor split level three bedroom flat.

    Tenure

    Freehold

    Location

    The property is situated on a mixed use road close to local shops and amenities. Nearby multiples include Co-Op Food. Transport links are provided by Edgware underground station (Northern line) and Mill Hill Broadway rail station.

    Accommodation

    Ground Floor
    Takeaway

    First Floor
    Not inspected

    Second Floor
    Not inspected

    Tenancy

    The property is subject to a new 16 year FRI lease (No Breaks) from 23rd June 2024 to A.Noor (t/a Ahmed Tandoori) with a rent reviews every four years. We understand that the property is under let and the potential rental income is circa £40,000 per annum (buyers should rely on their own enquiries).

    Note

    The property has not been inspected by Auction House London. All information has been supplied by the vendor.

    EPC Rating (Free Text)

    Retail Unit - B
    Flat - D
    Legal Pack
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    Finance Available
    Stamp Duty Calc
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    020 7625 9007 or email us at info@auctionhouselondon.co.uk
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    Guides are provided as an indication of each seller’s minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve ( a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

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