LONG LEASEHOLD INVESTMENT FOR SALE
LONG LEASEHOLD INVESTMENT FOR SALE
657 Watford Way Mill Hill NW7 3JR
ACCOMMODATION
LONG LEASEHOLD
(Approximate dimensions)
£185,000 Subject to Contract. Size (sq ft)
Ground Floor Shop: 750
(sq m) 70
VAT Note that there is no VAT payable which is occasionally payable on commercial properties.
BUSINESS RATES DESCRIPTION The property is located in a very prominent position on the main apex corner (junction of A41 and A1) in a secondary parade. The shop is approached via a slip road off the A41 alongside a selection of retailers. TENANCY The shop is let to Panther Fireworks at a rent of £12,000 per annum on a Full Repairing and Insuring lease for a term of 20 years from 28th May 2010 with 5 yearly rent review (the 2015 review has not been carried out).
Tenants are to make their own enquiries to the London Borough of Barnet.
LEASE INFORMATION 999 years from May 2013 at a nominal ground rent.
EPC An EPC has been commissioned and will be available by way of request.
POSSESSION Upon completion of legal formalities
VIEWING Viewing can be arranged by appointment with the sole agents.
These particulars form no part of any contract. Whilst every effort has been made to ensure accuracy, this cannot be guaranteed. All rentals and prices are quoted exclusive of VAT.
020 7794 7788 dutchanddutch.com 174 West End Lane, West Hampstead, London NW6 1SW
657 Watford Way Mill Hill NW7 3JR
ACCOMMODATION
LONG LEASEHOLD
(Approximate dimensions)
£185,000 Subject to Contract. Size (sq ft)
Ground Floor Shop: 750
(sq m) 70
VAT Note that there is no VAT payable which is occasionally payable on commercial properties.
BUSINESS RATES DESCRIPTION The property is located in a very prominent position on the main apex corner (junction of A41 and A1) in a secondary parade. The shop is approached via a slip road off the A41 alongside a selection of retailers. TENANCY The shop is let to Panther Fireworks at a rent of £12,000 per annum on a Full Repairing and Insuring lease for a term of 20 years from 28th May 2010 with 5 yearly rent review (the 2015 review has not been carried out).
Tenants are to make their own enquiries to the London Borough of Barnet.
LEASE INFORMATION 999 years from May 2013 at a nominal ground rent.
EPC An EPC has been commissioned and will be available by way of request.
POSSESSION Upon completion of legal formalities
VIEWING Viewing can be arranged by appointment with the sole agents.
These particulars form no part of any contract. Whilst every effort has been made to ensure accuracy, this cannot be guaranteed. All rentals and prices are quoted exclusive of VAT.
020 7794 7788 dutchanddutch.com 174 West End Lane, West Hampstead, London NW6 1SW
