– 258 Kingsbury Road, Kingsburys, London, Greater London, NW9

1,420 - 2,182 Sq Ft
  • Type: Investment
  • Availability: Available
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Property Features

  • Double Shop
  • 2 Bedroom Flat
  • Let on a Single Lease
  • £44,000 per annum income
  • Long Leasehold for Sale

Property Summary

A tenanted investment property comprising ground floor double unit, trading as a restaurant, together with a first floor 2 bedroom flat. The property is held on 189 year long leasehold (152 years unexpired) at a peppercorn.

The ground floor restaurant is 1,420 sq ft overall and has an ITZA of 1,071 sq ft. The first floor flat (self contained and accessed from the rear service road) has 3 rooms, kitchen and bathroom.

The entire property is leased to Mr Wasim Sheikh t/a Mazza Restaurant. The lease is for 15 years from 1st December 2022 at a rental of £44,000 per annum. The lease was renewed from an original 15 year term. The tenant is long established and there are no arrears.

Offers are invited for this well secured long leasehold investment. Asking price £560,000 subject to contract.