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FREEHOLD Ashbourne Parade Finchley Road

REF: 1 & 2 ASHBOURNE PARADE GROUND FLOORLondon, NW11 OAD

  • Status: FREEHOLD
  • Price: £850,000
  • Size: 1450 sq ft
  • Property Type: Catering

Ground Floor: The ground floor comprises two intercommunicating A3 restaurant units which have recently been refurbished to exacting standards. The floor area is approximately 1450 sq ft (135 m2). The restaurant is let for a term of 20 years from January 2018 on a full repairing and insuring lease, at a rental of £50,000 p.a.x. Rent reviews are 5 yearly. The current Freeholder retains a security deposit equivalent to 6 months rent. Upperpart Accommodation: The accommodation above 2 Ashbourne Parade presently comprises a large 4 bedroom flat let for a term of 990 years at a peppercorn rent. The accommodation above 1 Ashbourne Parade comprises 2 Flats which have been sold on long leases (125 years from December 1986) each producing a Ground Rental Income of £150.00 per annum.

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Property Information Request / Arrange Viewing

3H Property Consultants
5 Waterside, Station Road
Harpenden
Hertfordshire
AL5 4US

Tel: 0207 286 8363

Email: sales@threeh.co.uk

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