Lot 34
    Mixed Use
    Bridge House
    12-14 High Street, Edgware, Middlesex, HA8 7EF
    Sold for £716,000.
     
    Number 1
    A Mixed Use End of Terrace Building Comprising a Ground Floor Take Away Restaurant, a First Floor Two Bedroom Flat and an MOT Garage to the Rear Fully Let Producing £19,750 Per Annum. The Garage has Potential for Further Redevelopment (Subject to Obtaining Necessary Consents).

    Description

    An end of terrace building arranged to provide a ground floor take away restaurant and a first floor two bedroom flat. The property also benefits from an MOT garage to the rear.

    Tenure

    Freehold

    Location

    The property is situated on a residential road close to local shops and amenities. The open spaces of Watling Park are within easy reach. Transport links are provided by Edgware underground station (Northern line) and Mill Hill Broadway rail station.

    Accommodation & Tenancy Schedule

    Floor Accommodation Tenancy Current
    Annual Rent
    Ground and First Take Away Restaurant and Two Bedroom Flat 15 Years from 25th March 2005 (Holding Over) £12,750
    Rear Ground MOT Garage See legal pack for further details. We understand from the vendor that the tenant has agreed to vacate in 2024. £7,000
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    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.

    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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