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North Pole Road, London, W10

Offers in Region of
£1,800,000

£479.62 per sq ft

Business rates & charges may apply

Prideview Group, Middlesex
SIZE AVAILABLE

3,753 sq ft

349 sq m

SECTOR

High street retail property for sale

USE CLASSUse class orders: A1 Shops

A1

Key features

  • Freehold blue-chip convenience store investment in North Kensington, London.
  • Recently refurbished, landmark corner property with a large frontage on North Pole Road.
  • Ground floor comprises of 2,383 sq ft and 1,370 sq ft of Basement.
  • Let to Tesco Stores Ltd for 20 years from September 2012 for £97,762.55 per annum. Break option on 2nd September 2027
  • yearly rent reviews linked to RPI, collared and capped at 0% and 4% p.a. respectively.

Description

Freehold blue-chip convenience store investment in North Kensington, London.
Recently refurbished, landmark corner property with a large frontage on North Pole Road.
The ground floor interest in this property is held as a freehold investment whilst the 5 residential
flats on the first and second floors above have been sold off on leases with 100 years remaining and the benefit of the air space. Ground floor comprises of 2,383 sq ft and 1,370 sq ft of Basement. Total
internal area of 3,753 sq ft. Let to Tesco Stores Ltd for 20 years from September 2012 for £97,762.55 per annum. Break option on 2nd September 2027 and 5 yearly rent reviews linked to RPI, collared and capped at 0% and 4% p.a. respectively. Offers in region of £1,850,000 which
reflects an initial gross yield of 5.3%

Brochures

North Pole Road, London, W10

Approximate location
Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • White City Station0.5 miles
  • Latimer Road Station0.5 miles
  • Ladbroke Grove Station0.7 miles

About Prideview Group, Middlesex

Prideview Place, 43 Church Road Stanmore HA7 4AA

The Prideview Group is one of the leading consultancies in the UK commercial property investment market, having been established in 1985.

We act for private investors from all walks of life and all over the globe, offering a seamless, in-house acquisition, disposal, advisory and management service. We host regular investment seminars for private buyers and are widely known as the Home of the Blue-Chip Investor.

We work closely with numerous propcos, traders, agents and vendors both off-market and via auction to deliver quality investment opportunities as well as a unique disposals service.

Each year we also host the biggest cricket day in the industry, The Prideview Cricketers' Cup, with all proceeds going to charity.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 3886. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Prideview Group, Middlesex. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Map data ©OpenStreetMap contributors.

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