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57 Burnt Oak Broadway, Edgware, Middlesex, HA8

Guide Price
£750,000

Business rates & charges may apply

Barnett Ross, Barnett Ross
SIZE

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SECTOR

High street retail property for sale

Key features

  • FOR SALE BY AUCTION ON THURSDAY 22ND MAY 2025 (unless sold prior)
  • Ground Floor Restaurant & 2 Self-Contained Flats
  • FREEHOLD
  • Producing £62,400 per annum
  • Gross Yield 8.3%
  • High Street Location

Description

SITUATION
Opposite the junction with Watling Avenue in this established shopping centre, amongst such multiples as Costa Coffee, Poundland, Paddy Power, Ladbrokes, Merkur Slots, Oxfam, Poundstretcher, Coraland a host of established traders being within close proximity of Burnt Oak Underground Station (Northern Line).
Edgware is a popular north-west London suburb located approximately 9 miles from central London with good access to the M1 and M25 motorways.

PROPERTY
A mid-terrace building comprising a Ground Floor Restaurant with separate front and rear access to 2 Self-Contained Flats on first and second floors (see Note 2).

VAT is NOT applicable to this Lot

FREEHOLD

TENANCIES & ACCOMMODATION - see particulars

Note 1: The tenant of the Restaurant has currently closed the premises as he was investigating the possibility of opening up the dividing wall between No. 57 and No. 55 which he also occupies, in order to create a large triple convenience store. He is no longer pursuing this option due to cost and therefore now plans to either sell the Restaurant lease or re-open the business. The rent is paid quarterly and is fully up to date.

Note 2: There is only front access to the second floor flat.

Note 3: There is a 6 Week Completion

Energy Performance Certificates

EPC - 57EPC - 57aEPC - 57b

Brochures

57 Burnt Oak Broadway, Edgware, Middlesex, HA8

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Burnt Oak Station0.2 miles
  • Colindale Station0.9 miles
  • Queensbury Station0.9 miles

About Barnett Ross, Barnett Ross

7 Cadbury Close High Road Whetstone London N20 9BD

Notes

These notes are private, only you can see them.

Disclaimer - Property reference BurntOakBroadway. 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 Barnett Ross, Barnett Ross. 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.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Barnett Ross, Barnett Ross on 020 8106 0950.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

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