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Express Interest in this Property

Nando’s, Edgware, Greater London

137 / 141 Station Road, Edgware, Middlesex, HA8 7JG

Basic Facts

Property ID: 3833 Post Updated: 2019-12-09 11:24:54
Status: Type:
Tenure: Freehold Gross Rent: £ 47,700
Lease Term: 25 years from Oct '94 Lease Term Expiry Date: 01/10/29
Years left on Lease: 5.5 VAT applicable: No

Property Description

  • 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.

Features

Blue-chip tenant
Finance available
Freehold
Ground Rent investment
Lease term: 10 - 15 years
No Break clauses
Prime location

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Current Opportunities

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