Fleet Road Hampstead London NW3 2QY

 85A & 85B Fleet Road London NW3 2QY

 Freehold Investment For Sale

Location:   Situated on Fleet Road, directly close to junction with South End Road and Pond Street, and within walking distance of the Royal Free Hospital, Hampstead Heath and Hampstead Heath Overground Station. Nearby there are many local cafes, restaurants and shops including M & S Foods and Gail’s.

Description:    A freehold investment comprising two ground floor shops producing a combined income of £67,000 pa.

85A Fleet Road – Café Zamazingo, approx. 467sqft (43.3 sqm), currently trading as Café, held on a FRI lease , being 5 years renewed in 2020, expiring on 28^th September 2025, with a passing rent of £25,000 pa

85B Fleet Road – Nine O Thai Restaurant approx  1,232 sqft (114.5 sqm) over ground and first floors. Let on a FR&I Lease being 13 years from  December 2023 expiring in December 2036, rent reviews every fifth year at a current passing rent of £42,000 pa. The property has recently been refurbished to a high standard.

Floor plans available upon request.

An early viewing is strongly advised.

Price:                                             Offers sought in region of £1,250,000 Subject to Contract

EPC:                                               85a – C Rating (55)   valid until 30/6/33

                                                        85b – B Rating  (40)  valid until  30/06/33

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