For Sale By Auction | 12:00, 07 November 2016 | Lot 19

1, 5 & 9 The Quadrant, Kilburn Lane, Queens Park, London, W10 4AL

Sold After

  • Mixed Use
  • Tenure: The parcel is offered by way of three separate leasehold titles.

Call the team on 020 7625 9007 for more information

Auction Date

Mon 07/11/2016

Auction Time

12:00

Auction Venue

The Ballroom, Landmark Hotel, 222 Marylebone Road, Marylebone, London, NW1 6JQ

A Well Located Parcel of Three Adjoining Shops. Offered with Vacant Possession. Potential to Redevelop Existing Units and Infill Above Garage Adjacent to No. 1 to Provide Residential Accommodation (subject to obtaining all relevant consents).

The property comprises three adjoining ground floor shop units within a parade arranged over ground and three upper floors.

Tenure

The parcel is offered by way of three separate leasehold titles.

Location

The parade occupies a prominent corner position on Kilburn Lane. Nearby multiples include William Hill, Tesco’s & Nando’s as well as numerous local established traders. Transport links are provided by both Kensal Green underground (Bakerloo line) and Kensal Rise overground stations.

The site offers a number of options subject to obtaining all relevant consents: Planning permission to convert the entire property into a 100 seater restaurant has in part been implemented thus fully qualifying as an A3 licence. Although there is an alcohol licence to sell within the property similar to an off licence, any new operator would have to attain a new one as standard. Due to the location it is considerable to expect that many local traders, as well as franchise operators would be interested in renting the premises.

Lot Type

Mixed Use

Viewing Details

Monday 24th October 12:00 - 12:30 Wednesday 26th October 12:00 - 12:30 Monday 31st October 12:00 - 12:30 Wednesday 2nd November 12:00-12:30 Friday 4th November 15:00-15:30

Addendum

Sold after auction

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Important Notice to Prospective Buyers:

We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

Additional Fees

Administration Charge - Purchasers will be required to pay an administration fee of £1,500 inc VAT

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.