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Breasy Place, Burroughs Gardens, Hendon, Hendon, NW4 4AU
11,116 Sq Ft / Offices / Investment
Withdrawn - Last updated: 17 April 2019
Office development / investment opportunity freehold for sale.
Location
The property is well located close to the junction with Watford Way (A41) which gives speedy access into Central London and the M1 Motorway at Staples Corner is within a short drive. Hendon Central Underground Station (Northern Line) and the nearby shops, together with Brent Cross provide many amenities for staff.
Accommodation
Comprises a B1 office building arranged on ground and first floors affording approximately *8,809 sq ft GIA together with onsite parking for 10 vehicles.
This is currently operated as a service office centre (Stirling House) and produces approximately £292,000 per annum with a net income of circa £190,000 per annum. *Our clients occupy an adjacent and linked building and will take a leaseback for up to 12 months at a rental of £50,000 per annum exclusive.
The total and actual estimated income is therefore £240,000 per annum exclusive.
Terms
£5.4 million subject to contract for the benefit of the freehold interest with income derived as above.
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