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Retail & Residential Investment, 119 Cricklewood Broadway, Cricklewood, NW2 3JG

515 Sq Ft / Retail / Investment

For Sale - £1,600,000.00

Available - Last updated: 16 April 2024

A lock up shop together with 4 flats comprising 2 x 1 bedroom, 1 x 2 bedroom and a large studio (could be a 1 bedroom) with a patio / garden.

Location

Situated in the heart of Cricklewood on the busy A5 (Edgware Road) leading into Central London. The premises are close to McDonalds and Crown Moran Hotel.

Terms

Tenancies & Income - The premises are currently let and producing an actual and estimated income of £80,840 per annum.

I am informed the tenants have been in occupation for many years at concessionary rents and it is considered there is potential to increase the income to circa £100,000 plus per annum.

For a detailed view of tenancy schedule, please view attached brochure.

Price - Offers invited in excess of £1.6 million subject to contract for the benefit of the freehold interest.

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

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
  For Sale Freehold £1,600,000.00 NA

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Agency Team

Michael Berman & Co

020 3151 2953

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