For Sale By Auction | 12.00, 11 December 2019

128 High Street, Harlesden, London, NW10 4SP

*Guide | £135,000+ (plus fees)

  • Restaurant
  • Tenure: Virtual Freehold. The property is held on a 999 year lease from 2003 (thus approximately 983 years unexpired).

Call the team on 020 7625 9007 for more information

Auction Date

Wed 11/12/2019

Auction Time

12.00

Auction Venue

London Marriott Hotel Regents Park, 128 King Henry’s Road, London, NW3 3ST

A Well Positioned High Street Restaurant Investment Producing £12,480 per annum

The property comprises a ground floor restaurant within a mid terrace building arranged over ground and two upper floors.

Tenure

Virtual Freehold. The property is held on a 999 year lease from 2003 (thus approximately 983 years unexpired).

Location

The property is situated in the North West London area of Harlesden amongst the local shops and restaurants of the High Street. Nearby multiples include Costa Coffee, Paddy Power, Santander and numerous local traders. Transport links are provided by both Harlesden overground station and Willesden Junction overground station.

Accommodation

Ground Floor Restaurant Area Kitchen Customer Toilet

Tenancy

The property is subject to an commercial lease for a term of twenty years commencing 12th July 2013 at a rent of £3,120 quarterly with rent reviews every three years.

Current Rent Reserved

Current Rent Reserved £12,480 per annum

VAT

VAT is not applicable

Services

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

Additional Fees

Administration Charge - Purchasers will be required to pay an administration fee of £900 inc VAT

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