4-5 Bank Buildings, High Street, London, NW10 4LT
£265.26 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
3,261 sq ft
303 sq m
- SECTOR
High street retail property for sale
- USE CLASSUse class orders: A1 Shops
A1
Key features
- Comprises two ground floor retail shops with ancillary accommodation at lower ground floor.
- To be held on a new 999 Year Lease from completion
- VAT is applicable to this property
- Total area size of 303 sq m (3,261 sq ft)
- Located on the High Street within a 10 minute walk to Willesden Junction Station which provides direct services to Central London
- Nearby occupiers include Tesco Metro, William Hill, Specsavers, Superdrug, Subway and Burger King, amongst others.
Description
Gross Initial Yield: 6.01%
Rental Income: £52,000 p.a.
VAT is applicable to this property
Comprises two ground floor retail shops with ancillary accommodation at lower ground floor.
Located within 10 minute walk to Willesden Junction Station
Nearby occupiers include Tesco Metro, William Hill, Specsavers, Superdrug, Subway and Burger King, amongst others.
Property Description:
The property comprises two retail shops arranged over ground and lower ground floor, providing the following accommodation and dimensions:
Ground Floor: Shop at No.4 148 sq m (1,593 sq ft)
Ground Floor: Shop at No.5 155 sq m (1,668 sq ft)
Total area size: 303 sq m (3,261 sq ft)
Tenancy:
The Ground Floor Shop at No.4 is at present let to Assets Mall Ltd for a term of 7 years from 11th August 2020 at a current rent of £24,000 p.a. and the lease contains full repairing and insuring covenants. No Breaks. Rent review in 2024.
The Ground Floor Shop at No.5 is at present let to Sparks Commercial for a term of 11 years from 19th June 2012 at a current rent of £28,000 p.a. and the lease contains full repairing and insuring covenants. No Breaks. Rent review every fifth year.
Location:
Harlesden is an up-and-coming residential area known for its multicultural vibe, with a buzzing dining scene encompassing Caribbean, Brazilian, and Lebanese cuisines. Its busy High Street offers take-out restaurants and international grocery stores, plus the cast-iron Jubilee Clock, a late-19th-century landmark. The property is located on the High Street within a 10 minute walk to Willesden Junction Station which provides direct services to Central London. Nearby occupiers include Tesco Metro, William Hill, Specsavers, Superdrug, Subway and Burger King, amongst others.
Brochures
4-5 Bank Buildings, High Street, London, NW10 4LT
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Willesden Junction Station0.3 miles
- Harlesden Station0.4 miles
- North Acton Station0.8 miles
About Blue Alpine, London
54 Welbeck Street, London W1G 9XS
Blue Alpine is a UK-wide property consultancy based in central London, focusing on commercial property, developments and residential blocks. Our services include disposals, acquisitions, lettings, auction advice, planning and architecture, dilapidations, and surrenders of leases.
Blue Alpine plans and delivers solutions that manage risk, optimise benefits, and expand the power of capital to protect and strengthen portfolios. By employing a transparent and consultative approach, we can a
Notes
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