Auction House London

Lot 36

Leisure Facility - Commercial Property 

Lower Ground Floor, Canterbury House

Canterbury Road, Kilburn Park, London, NW6 5ST

£900,000+

Guide Price (plus fees)

A Virtual Freehold Commercial Investment Producing £72,500 Per Annum

Description

The property comprises a lower ground floor commercial unit (use class E) situated within a purpose block arranged as 23 apartments.

Tenure

Long Leasehold. The property will be held on a new 999 year lease.

Location

The property is situated in a newly converted block of apartments which is close to local shops and amenities. The open spaces of Queens Park are within easy reach. Transport links are provided by Kilburn Park underground station (Bakerloo line) and Queens Park overground station.

Exterior

The property benefits from off street parking for two cars.

Tenancy

The property is let to NXT Phase Ltd for a term of 10 years commencing 18th February 2020 at a rent of £72,500 + Vat per annum. The lease is contracted outside the 1954 Landlord & Tenant Act.

Note

GIA: 3,204 Sq Ft (297 Sq M)

VAT

VAT is applicable

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.

Download Legal PackView Details as PDFEnquire NowFinance AvailableRegister to Bid
Open House Viewings:

Monday 6th December10:30 - 11:00

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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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