Freehold blue-chip restaurant & residential ground rent investment in a very busy location
A substantial mid-terrace property comprising a ground floor double restaurant with separate front access to 2 self-contained flats on the first and second floors (sold off on long leases)
There is rear off-street parking for up to 3 cars accessed via Rectory Lane
Location Description
Edgware is a popular and sought-after north-west London suburb located approx. 10 miles north-west of central london via the A41 highway.
The property occupies a fantastic position in the centre of the very busy Station Road
Located opposite Edgware Underground Station (Northern Line) and Edgware Bus Depot and within easy walking distance to the Broadway Shopping Centre
Nearby occupiers include many multiple retailers such as Greggs, The Money Shop, Paddy Power, Starbucks, HSBC, Lloyds, Argos, Santander, Betfred and Carphone Warehouse.
Additional Notes
The ground floor is let to Nando’s for £47,500 p.a. on an FR&I lease until 2029 without any breaks
The upper floor flats have been sold off on long leases returning £200 p.a.