Pizza Hut, Minicab Office, Takeaway, 6 Flats & 3 Garages, Edgware Road, Central London

 

454/454A Edgware Road & 102-110 Frampton Street, London, W2 1EJ

Offers in excess of
N/A
Acquired
Type - Mixed
Tenant type - Various
  • Tenure: Freehold
  • Gross Rent: £155,740
  • VAT applicable?: N
  • Busy Central London property

Property Description

  • Prime, Freehold, mixed investment on Edgware Road, Central London
  • The property is arranged on basement, ground and three upper floors to provide three ground floor shops with basement ancillary accommodation together with 9 self contained flats above accessed from Frampton Street.
  • 6 flats are let on ASTs (of which 4 have been recently refurbished)
  • The other 3 have been sold off on long leases (of which one has a reversion in ca. 50 years’ time)
  • 1 of the 3 garages is included within the Pizza Hut lease, the other 2 are let separately

Location Description

  • Edgware Road forms part of the busy A5 trunk road which is one of the main arterial routes running into Central London from the north.
  • The property is located 0.5miles from Warwick Avenue and Edgware Road Underground Stations with Paddington Marylebone Rail Stations both within 0.75 miles of a mile.
  • The property occupies a prominent corner position at the junction of Edgware Road and Frampton Street about 1 miles north of Marble Arch.
  • The property is situated on a very busy road with a heavy footfall.
  • Nearby occupiers include Coral, William Hill, Mail Box together with a number of other local traders.
  • In addition The Ibis hotel is being developed within a five minute walk from the property.

Additional Notes

  • There is potential to add another floor to create 2 more flats subject to obtaining the necessary planning consents.

Tenancy & Accommodation Schedule

Tenancy & Accommodation Schedule

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Your Agent for this listing

Priyen c

Priyen Patel

0203 096 9491
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