Investment Consideration:
ERV: £25,000 p.a. GIY: £7.14%
VAT is NOT applicable to this property
Comprises corner ground floor shop with large basement
Benefits from triple frontage and suitable for variety of uses (Class E)
Situated within 10 min walk from Willesden Green Underground station, with occupiers nearby include restaurants, beauty salon, pharmacy, café`s and convenience store, amongst many more.
Property Description:
Comprises corner ground floor shop with ancillary accommodation at basement. The shop has single frontage on High Road and double frontage on Gowan Road, providing the following accommodation and dimensions:
Ground Floor Shop: 67 sq m (721 sq ft)
Open plan retail, storage, wc
Basement: 46 sq m (495 sq ft)
open plan storage
Total GIA: 113 sq m (1,216 sq ft)
Tenancy:
The retail shop is at present vacant. ERV: £25,000 p.a.
Tenure:
Long leasehold. To be held on a 999 year lease from completion at a ground rent of peppercorn.
Location:
Willesden is a densely populated suburb located some 5 miles north-west of Central London. The area enjoys good communications, being adjacent to the North Circular (A406) and having underground services at Dollis Hill and Willesden Green (Jubilee Line). The property is situated on the junction of High Road and Gowan Road. Willesden Green underground station is approximately 0.5 miles to the east of the property. Retail occupiers nearby include restaurants, pharmacy, café`s, beauty salon, convenience store and more.
