Auction House London

Lot

 

80 Cricklewood Broadway

Cricklewood, London, NW2 3EP

A Residential & Ground Rent Investment Producing £101,400 Per Annum

Description

Tenure

Freehold

Location

The property is situated in the North London area of Cricklewood amongst the shops and restaurants of Cricklewood Broadway. Transport links are provided by both Cricklewood rail station and Willesden Green underground station (Jubilee line).

Description (2nd Column)

The property comprises seven flats situated above commercial premises (sold off on a long lease) within an end of terrace building arranged over ground and two upper floors. The flats are access via Ebbsfleet Road.

Accommodation & Tenancy Schedule

Property Floor Accommodation Tenancy Details Current Annual Rent
Shop Ground Not inspected Sold off on a 99 year lease from 18th November 2005 Peppercorn
Flat 1 Ground One Bedroom Accommodation Let on a 12 month AST from 1st April 2014 £15,340
Flat 2 First Studio Room, Bathroom Let on a 12 month AST from 21st February 2014 £14,300
Flat 3 First Studio Room, Bathroom Let on a 12 month AST from 1st July 2014 £13,520
Flat 4 First Studio Room, Bathroom Let on a 12 month AST from 24th February 2014 £15,340
Flat 5 Second Studio Room, Kitchen, Bathroom Let on a 12 month AST from 4th November 2013 £14,300
Flat 6 Second Studio Room, Bathroom Let on a 12 month AST from 6th January 2014 £13,000
Flat 7 Second Studio Room, Kitchen, Bathroom Let on a 12 month AST from 16th December 2013 £15,600

Additional Fees

Administration charge: £1,200 including VAT unless otherwise stated in the addendum.

Buyers Premium and Disbursements: Please see the legal pack and the addendum for any disbursements and buyers premium that may be payable by the purchaser on completion.

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For further information, please register for the legal pack. To speak to a member of our team about this lot, please call us on 020 7625 9007 or email us at info@auctionhouselondon.co.uk

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