50-52 Kilburn High Road, Kilburn, London, NW6 4HJ
£397.10 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
5,792 sq ft
538 sq m
- SECTOR
High street retail property for sale
Key features
- Ground floor let to HSBC until March 2029 at £100,000 per annum exclusive
- Basement let to a gym operator until July 2028 at £44,000 per annum exclusive
- Residential Upper Part sold to a Housing Association for 150 years from March 2003
- Prominent and prime location on Kilburn High Road
- Other traders in the parade include M&S, Primark, Nationwide, Boots, JD Sports and Franco Manca
- Capital value equivalent to £398 per sq ft
- No VAT payable on the purchase
- Bank: EPC - C Gym: EPC - B
Description
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).
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.
Availability_text
The accommodation comprises the following areas:
Proposal
Freehold for sale with a guide price of £2,300,000 representing an initial gross yield of circa 6% after allowing for purchasers costs of circa 5%.
Brochures
50-52 Kilburn High Road, Kilburn, London, NW6 4HJ
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Kilburn High Road Station0.0 miles
- Kilburn Park Station0.2 miles
- Maida Vale Station0.6 miles
About Dutch & Dutch, Commercial
174 West End Lane, London, NW6 1SW
“Although a difficult climate the team at Dutch & Dutch were always patient, polite and tenacious”
COMMERCIAL PROPERTY EXPERTS
In the past year we have acted on the sale and letting of over 500,000 ft2 of office, industrial, retail and leisure space. We have also sold over £70m worth of investment and development opportunities in and around north-west London. From Brent to Barnet and Camden to Westminster, our finger is on the pulse of the local market for commercial
Notes
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