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1-6 Adrian Avenue, London, NW2 1LX

£6,750,000

£110.52 per sq ft

Business rates & charges may apply

Christo & Co, London, London
SIZE AVAILABLE

61,074 sq ft

5,674 sq m

SECTOR

Commercial development for sale

Key features

  • Large Yard
  • Front and Rear Loading Area
  • The site benefits from a large Insite Illuminated Advertising Sign Board
  • The site is located in a highly prominent location on Adrian Avenue

Description

All Dimensions are Approximate

Railway Arches 21,140 sqft (1,964 sqm)

Yard Area 39,934 sqft (3,710 sqm)

TOTAL OVERALL AREA 61,074 sqft (5,674 sqm)


Tenancies All Leases are granted outside of the Landlord and
Tenant Act 1954

ARCH 1 & 2 Let to M. Schembri on a FR&I Lease for a term of 15
Years From 24/06/2013 without further rent review
at a rent of £45,000 pax

ARCH 3 Let to Wembley Windows (SC) FR&I Lease for a term
of 15 years to expire 9/12/2028 without further rent
review at a rent of £23,000 pax

ARCH 4 Let to MH Costa Construction Ltd FR&I Lease for a term
of years to expire 24/06/2028 without further rent
review at a rent of £18,500 pax

ARCH 5 Let to G Agyeton, FR&I Lease for a term of 15 years
from 08/07/2009 The Lease has expired so the tenants
are holding over at a rent of £19,500 pax

ARCH 6 Let to Technosport London Ltd FR&I Lease for a term of
15 years from 24/06/2013 without further rent review
at a rent of £17,500 pax

YARD AREA Let to A. Hamdo FR&I Lease for a term of 15 years from
24/06/2013 without further rent review at a rent of
£60,000 pax

Advertising LET to Insite (Wildstone) for a term of 12 years from
Illuminated 1/08/2015 without further rent review at a rent of
Sign £55,000 pax

TOTAL INCOME = £238,500 pax

TENURE Freehold

PRICE: £6,750,000 with the benefit of the tenancies
and income

Brochures

1-6 Adrian Avenue, London, NW2 1LX

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Hendon Station0.6 miles
  • Hendon Central Station0.8 miles
  • Brent Cross Station0.8 miles

About Christo & Co, London, London

Parkway London NW1 7AH

Christo & Co are a well-established Estate Agency originally founded by Chris Christo in 1985 after the dissolution of Christo Vegoda. providing a highly professional service, yet personal where Clients can rely upon the expertise of a highly experienced team of Surveyors, Valuers and Commercial/Residential Agents.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 1-6AdrianAvenueNW21LX. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Christo & Co, London, London. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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