Cricklewood Broadway, London, NW2

INVESTMENT OPPORTUNITY
An Edwardian three storied building comprising of ground floor commercial premises currently
trading as a restaurant, commercial tenanted workshop premises with rear access from Hassop Road, vacant self-contained studio apartment plus four self-contained flats Sold on long leases.

GROUND FLOOR SHOP PREMISES TRADING AS A RESTAURANT
Tenants holding over on the terms of a Full Repairing & Insuring Lease granted for 15 years from 25th December 2008. Passing Rent £12,000 per annum

GROUND FLOOR STUDIO FLAT - Currently vacant, but we understand this apartment had previously being let for £1,300 per calendar month exclusive.


The four apartments set on the first and second floors, have been Sold on Leases of 135 years from the 25th July 2021 with current ground rents of £150.00 per annum for each apartment.


HASSOP ROAD WORKSHOP PREMISES was leased for a period of 8 years from the 24th May 2018, and although the rent was amended with effect from the 24th May 2020, a rent review in December 2023 was not triggered. The current rent being £8,600 per annum.


GROUND FLOOR SHOP EPC Band B
Current Rating 39
Rateable Value from 1.4.26 £14,000

WORKSHOP PREMISES EPC Band C
Current Rating 73
Rateable Value from 1.4.26 £4,550


FLAT 1 Ground Floor Rear EPC Band E
Studio Current Rating 39
Assessed by London Borough of Brent
Council Tax Band B
2025-2026 £1,659.12

FOR SALE SUBJECT TO THE EXISTING TENANCIES & LEASES



GUIDE PRICE £625,000.00 FREEHOLD