For Sale

217 Edgware Road, Colindale, London, NW9 6LP

Name: 217 Edgware Road, Colindale, London, NW9 6LP
Address: London

Overview

Retail
Property Type

1404
sqft

Description

Location

Freehold shop and uppers set over ground, first and second floors, 1404 sq.ft GIA approx.
Ground floor shop 558 sq.ft approx. let on a 15 year lease from 27.5.22, currently trading as a mini market, with rear storage and w.c. at £15,000 pax

First and second floors 846 sq.ft approx. comprise a 4 bedroom maisonette in dated condition with large private garden at rear. Let on a regulated tenancy at a passing rent of £5954 per annum. We understand there has been no rent increase since 2013.

Copy of commercial lease available on request.

Location

Set on Edgware Road (A5) a busy parade with many local and independent retailers and eateries. Multiples include Costa, JD Wetherspoon, Morrisons and Premier Inn. Brent Cross and the nearby Cricklewood regeneration is approx. 2km to the south.
Transport links include Colindale Tube and Hendon Station (Thameslink)

Business Rates

Rateable value - £10,750 (as taken from Gov.uk)
This is not the amount you will pay. The rateable value is used to calculate your rates bill.
Please refer to the Local Authority for more information on rates

Residential - Council Tax C

Legal Costs

Each side to bear their own

Tenure

Freehold

EPC

Commercial - Energy Rating C - Valid until 2032
Residential - Energy Rating D - Valid until 2034

Viewing

Via the owners sole agents PSS Commercial.

VAT

Under the Finance Acts 1989 and 1997 VAT may be levied on the purchase price. We recommend that the prospective buyers establish the VAT implications before entering into any agreement.