Sold Prior
- Commercial Property
- 5 Bedrooms
- Tenure: Freehold
Call the team on 020 7625 9007 for more information
A Commercial, Residential & Ground Rent Investment Producing £42,949.92 per annum
The property comprises a ground floor lock up shop together with four self-contained flats above (two are sold off on long leases) within a mid terrace building arranged over ground and three upper floors.
Tenure
Freehold
2 Line Address
False
Location
The property is situated in the sought after area of Maida Vale amongst the local shops and amenities. The open spaces of Paddington Recreation Ground are within easy reach. Transport links include Westbourne Park, Kilburn Park and Maida Vale underground stations.
Lot Type
Mixed Use
Viewing Details
Thursday 21st July 16:30-17:00 Friday 22nd July 16:45-17:15
Addendum
For the avoidance of doubt, the Regulated Tenant in Flat 2 is paying £910 pcm and the ground rent on Flat 3 is £250 pa. The total income is £42,949.92
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.
