Nando’s, Kilburn, Greater London
308 Kilburn High Rd, London NW6 2DG, UKBasic Facts
| Property ID: 4593 | Post Updated: 2023-03-28 10:28:14 |
| Status: Sold | Type: Restaurant |
| Tenure: Freehold | Area: 4700 sq ft |
| Lease Term: 25 years from September 2004 | Lease Term Expiry Date: 01/09/29 |
| Years left on Lease: 5.3 | VAT applicable: Yes (TOGC Available) |
Property Description
- Freehold Investment in Kilburn, North West London
- The Property is arranged on basement ground and three upper floors to provide a restaurant on the basement and ground floors together with three floors of residential above and to the rear (known as Ventra House)
- Prominent position on busy A5 Kilburn High Road
- Restaurant unit of 4,701 sq ft let to Nando’s Chickenland Ltd
- 25 years lease from Sept 2004 (6.9 years unexpired) at a current rent of £93,500
- Residential upper parts sold off on long leasehold at peppercorn rents
- Next rent review due 29.09.2024
Location Description
- Kilburn is a densely populated part of north-west London which is divided between three London Boroughs: most of Kilburn is in Brent or Camden, but a small part is in Westminster
- Located on Kilburn High Road, the main thoroughfare which forms part of the A5 road which forms the boundary between the boroughs of Brent and Camden
- The property is located on the east side of Kilburn High Road within a busy local parade
- Located within a couple of minutes’ walk of Brondesbury Overground Station and Kilburn Underground station
Features
Attractive property
Blue-chip tenant
Finance available
Freehold
Minimum Rental Uplifts
Prime location
