Property unavailable
This property advert is no longer active. It is possible that the same property has been re-advertised under a separate listing, click below to view any replacement or similar listings.
Please note we do not have names or contact details of anyone currently occupying this building
we are also unable to provide details of the agents that posted the original advert with us.
If you are the owner of the building and would like to re-post this advert please email renewals@novaloca.com
If you would like to know if this, or any similar property comes back or on to the market
please click here to get updates by email.
50-52 Kilburn High Road, Kilburn, London, NW6 4HJ
5,792 Sq Ft / Retail / General Retail
Withdrawn - Last updated: 24 February 2025
Summary
SIGNIFICANT PRICE ADJUSTMENT
Freehold investment opportunity for sale on arguably the most prime part of this popular North West London high streets. The basement comprises a 2,926 sq ft gym with good ceiling height and the ground floor is a retail bank of 2,866 sq ft. The upper parts are sold on a long lease to a housing association for a term of 150 years from 14th March 2003 (129 years unexpired).
Bank: EPC - C Gym: EPC - B
Key Points
Ground floor let to HSBC until March 2029 at £100,000 per annum exclusiveBasement let to a gym operator until July 2028 at £44,000 per annum exclusiveResidential Upper Part sold to a Housing Association for 150 years from March 2003Prominent and prime location on Kilburn High RoadOther traders in the parade include M&S, Primark, Nationwide, Boots, JD Sports and Franco MancaCapital value equivalent to £336 per sq ft
Proposal
Freehold for sale with a guide price of £1,950,000 representing an initial gross yield of circa 7.4%.
Location
This is a very busy section of Kilburn High Road with excellent footfall. Other traders in the immediate vicinity include Boots, Primark, M&S, JD Sports, Nationwide and Franca Manca. Kilburn High Road (Overground) Station is a 30 second walk and Kilburn Park (Bakerloo) Station is approximately a 5 minute walk.
Email me updates about similar new properties
Show similar properties