North Pole Road, London, W10
£479.62 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
3,753 sq ft
349 sq m
- SECTOR
High street retail property for sale
- USE CLASSUse class orders: A1 Shops
A1
Key features
- Freehold blue-chip convenience store investment in North Kensington, London.
- Recently refurbished, landmark corner property with a large frontage on North Pole Road.
- Ground floor comprises of 2,383 sq ft and 1,370 sq ft of Basement.
- Let to Tesco Stores Ltd for 20 years from September 2012 for £97,762.55 per annum. Break option on 2nd September 2027
- yearly rent reviews linked to RPI, collared and capped at 0% and 4% p.a. respectively.
Description
Recently refurbished, landmark corner property with a large frontage on North Pole Road.
The ground floor interest in this property is held as a freehold investment whilst the 5 residential
flats on the first and second floors above have been sold off on leases with 100 years remaining and the benefit of the air space. Ground floor comprises of 2,383 sq ft and 1,370 sq ft of Basement. Total
internal area of 3,753 sq ft. Let to Tesco Stores Ltd for 20 years from September 2012 for £97,762.55 per annum. Break option on 2nd September 2027 and 5 yearly rent reviews linked to RPI, collared and capped at 0% and 4% p.a. respectively. Offers in region of £1,850,000 which
reflects an initial gross yield of 5.3%
Brochures
North Pole Road, London, W10
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- White City Station0.5 miles
- Latimer Road Station0.5 miles
- Ladbroke Grove Station0.7 miles
About Prideview Group, Middlesex
Prideview Place, 43 Church Road Stanmore HA7 4AA
The Prideview Group is one of the leading consultancies in the UK commercial property investment market, having been established in 1985.
We act for private investors from all walks of life and all over the globe, offering a seamless, in-house acquisition, disposal, advisory and management service. We host regular investment seminars for private buyers and are widely known as the Home of the Blue-Chip Investor.
We work closely with numerous propcos, traders, agents and vendors bot
Notes
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