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44 - 46 Birchington Road, Kilburn, NW6 4LJ

£1,500,000

£273.87 per sq ft

Business rates & charges may apply

Dutch & Dutch, Commercial
SIZE AVAILABLE

5,477 sq ft

509 sq m

SECTOR

High street retail property for sale

Key features

  • 44 - 999 year lease from - 6th July 2011
  • 46 - 999 year lease from - 8th December 2021
  • Two leases with an annual rent of £115,000 per annum exclusive (including Landlord top up to cover the rent free)
  • Approximate capital value of £273.90 psf
  • EPC Ratings - C & D
  • Lease in a personal name with guarantor
  • Established leisure location in the Heart of Kilburn
  • Let on a new 25 year lease from 24/4/2025 subject to 5 yearly rent reviews (NO BREAK CLAUSES)

Description

Description
Rare opportunity to purchase an income producing investment of two commercial premises in a prominent location just off Kilburn High Road. Both properties are let in the tenants personal name and are running as restaurants. The tenant has been in occupation of 46 Birchington for over 10 years and has just expanded to take 44 Birchington.

44 Birchington Road is mainly open plan and arranged over a large floorplate of 3,120 sq ft with the benefit of a small forecourt and good ceiling heights.

46 Birchington Road is arranged over ground and basement floors and is in excellent decorative order throughout, with seating available on both floors, a large kitchen, prep room, directors office, bar and air conditioning.

Available immediately on a new 999 year lease.

Location
44 & 46 Birchington Road is located just off the main section of Kilburn High Road with excellent footfall. Local traders in the immediate vicinity include Boots, Primark, M&S, JD Sports, Nationwide and Franca Manca.

The road benefits from excellent transport links with Kilburn High Road (Overground) Station a 2 minute walk and Kilburn Park (Bakerloo) Station approximately a 5 minute walk. There are also a number of busses servicing the area with multiple bus stops on Kilburn High Road.

Viewings
Via arrangement with Dutch & Dutch

Terms
44 - 999 year lease from - 6th July 2011
46 - 999 year lease from - 8th December 2021

Investment Summary
Total Income: £115,000 per annum - Topped up by the seller for the first 3 years
Gross Initial Yield: 7.67 % on a guide price of £1,500,000 (Plus VAT)
WAULT: 25 years

Brochures

44 - 46 Birchington Road, Kilburn, NW6 4LJ

Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Kilburn High Road Station0.1 miles
  • Kilburn Park Station0.3 miles
  • Brondesbury Station0.5 miles

About Dutch & Dutch, Commercial

174 West End Lane, London, NW6 1SW

“Although a difficult climate the team at Dutch & Dutch were always patient, polite and tenacious”

COMMERCIAL PROPERTY EXPERTS

In the past year we have acted on the sale and letting of over 500,000 ft2 of office, industrial, retail and leisure space. We have also sold over £70m worth of investment and development opportunities in and around north-west London. From Brent to Barnet and Camden to Westminster, our finger is on the pulse of the local market for commercial disposals. We are effective at solving problems with a practical approach to get the deal done.

THE BEST CONTACTS IN LONDON

Our ‘little black book’ of contacts is well stocked with the investors, occupiers, developers, and professionals needed to make commercial property transactions happen. If you have a commercial property to let or for disposal in North West London, call us for a chat now.

Dutch and Dutch are trusted property advisors with 125 years’ experience in prime London markets. Renowned for our honest advice, deep market knowledge and personalised service, we specialise in residential and commercial sales, lettings, and property management across London.

Established in 1900, our reputation is forged from old fashioned principles, integrity, experience and commitment, fundamentals we continue to maintain and build upon today whilst integrating ever evolving technology to provide a platform to maximise the market exposure of your property and ensure the highest levels of customer service and convenience are experienced.

Whether you're buying, selling, letting, or investing, Dutch & Dutch bring integrity, insight, and results.

- Dedicated and experienced Director looking after the whole process

- Free Appraisal of your property by a Director

- Detailed written Market Appraisal that includes a Homesearch Property Report and Best Price Guide.

- No Fixed Term Contract - Our marketing agreement is unique in our field as we have no tie-in period, we simply require 1 weeks' written notice to end the agreement. We are comfortable that our clients will find their experience enjoyable and rewarding. We believe that having onerous exclusivity terms will naturally diminish the confidence you have in our ability to achieve an efficient, successful outcome.

- Full market coverage via Rightmove, Zoopla, Primelocation and OnTheMarket

Notes

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Disclaimer - Property reference 271132-1. 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 Dutch & Dutch, Commercial. 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.

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