Auction House London

Lot 29

 

93-95 Station Road

Edgware, Middlesex, HA8 7JG

Sold for £780,000.

A Well Located Residential & Commercial Investment Producing £47,700 per annum. Potential to Redevelop the Upper Parts to Provide Two Self-Contained Flats (subject to obtaining all relevant consents)

Description

Tenure

Freehold

Location

The property is situated on an established parade in the heart of Edgware town centre. Numerous multiples occupy space within the immediate area including Subway & Argos. The property occupies a prominent position opposite the Broadwalk Shopping Centre and Edgware tube station. which along with the Edgware Bus Depot provide ample transport links.


Exterior

The shop benefits from a single rear car parking space. The maisonette benefits from a roof terrace and one car parking space at the rear.

Description (2nd Column)

The property comprises a ground floor shop with a four bedroom first, second and attic floor maisonette above situated within a mid terrace building over ground and three upper floors. The maisonette benefits from its own private rear entrance.

Viewing Details

Tuesday 31st March 13:00 - 13:30
Thursday 2nd April 17:00 - 17:30
Tuesday 7th April 13:00 - 13:30
Thursday 9th April 17:00 - 17:30
Tuesday 14th April 13:00 - 13:30

Accommodation & Tenancy Schedule

Property Floor Accommodation Tenancy Details Current Annual Rent
Shop Ground Shop Area, Photography Studio, Kitchen/Storage, WC
(GIA approx. 600 sq ft)
Let to Sappy Properties (Edgware) LLP t/a Snappy Snaps at a rent of £7,875 per quarter on an IRI lease - assigned on 31st Jan 2011. The original lease dated 16th Feb 2005 for a term of 15 years. 5 yearly reviews £31,500
Maisonette First
Second

Attic
Reception Room, Kitchen
Three Bedrooms, Shower Room with WC
Bedroom, Shower Room with WC
Let on a 12 month AST from November 2014 at a rent of £1,350 pcm £16,200

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.

View Details as PDFEnquire Now
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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Enquire about 93-95 Station Road, Edgware, Middlesex, HA8 7JG

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