196 West Hendon Broadway London NW9 7EE

196 West Hendon Broadway London NW9 7EE

Freehold Investment For Sale

Location: The property is situated on busy parade on West Hendon Broadway (Edgware Road) and close to North Circular Road.

Description: Two ground floor half shop retail premises both let producing £18,960pa currently trading as a Vape shop and Money Transfer company. The residential upper parts have been sold off on long leases, 196 has a separate,  studio apartment accessed from rear.

196   Vape Shop                        Rent £8,940                Lease expires 28/9/24                Mr Mostafa Azizullah

(NB – Rent review in progress proposed new rent £15,000pa to include studio at rear) **

196A   Money Transfer Co     Rent £10,020pa           15 year lease from 11/5/23 –     Mr B.A. Jabarkhil

An early viewing is strongly advised.

Price:                               £315,000 Subject to Contract

ERV:                                 £25,000 pa

Business Rates:          All interested parties should make their own enquiries either via London Borough of Barnet or via www.voa.gov.uk.

EPC:                                C (59) Rating valid until

Legal Costs:                 Each party to be responsible for their own legal costs.

Anti-Money Laundering: In accordance with revised Anti Money Laundering Regulations two forms of ID and confirmation of funds will be required by the successful applicant. This will apply to landlords/vendor and tenant/purchaser and any other party with a relationship with the property.

Viewing:                     Strictly by appointment only through owners agents Grovelands  020 8731 9777 www.grovelands.net