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Motor Garage, St John’s Wood, Central London


£ 750,000
Enterprise Garage, Langford Court, Langford Place, St Johns Wood, London, NW8 0LL

Basic Facts

Status: Type: Tenure: Leasehold Gross Rent: £ 47,000
Gross Yield %: 6.7 Lease Term: 15 years from July 2004 VAT applicable: Yes

Property Description

  • Long leasehold motor investment in Central London
  • The property comprises a lower ground floor self-contained garage premises which undertakes MOTs and servicing.
  • The property forms part of Langford Court, a substantial residential building

Location Description

  • The property is situated on Langford Place and accessed via Abbey Road (B507).
  • The B507 leads directly to St John’s Wood Road which in turn provides access to Lord’s Cricket Ground, Park Road, Regent’s Park, the A41 and Marylebone Road.
  • It is 1.5 miles north of London’s West End, 1.7 miles south-west of Hampstead Heath, 900 metres from Regents Park Roads: B507 (Abbey Road), A5205 (St John’s Wood Road), A41 (Park Road), A501 (Marylebone Road).
  • It is 300 metres west of St John’s Wood London Underground Station (Jubilee Line) and within 1 mile of Maida Vale, Swiss Cottage and Kilburn Park London Underground Stations.

Additional Notes

  • The property is held leashold for a term of 99 years (less 10 days) from 29th September 1977 at a peppercorn rent.

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