Nando’s, Edgware, Greater London

 

137 / 141 Station Road, Edgware, Middlesex, HA8 7JG

Offers in excess of
N/A
Acquired
Type - Commercial
Tenant type - Restaurant
  • Tenure: Freehold
  • Gross Rent: £47,700
  • Lease Term: 25 years from Oct '94
  • VAT applicable?: N

Property Description

  • Freehold blue-chip restaurant & residential ground rent investment in a very busy location
  • A substantial mid-terrace property comprising a ground floor double restaurant with separate front access to 2 self-contained flats on the first and second floors (sold off on long leases)
  • There is rear off-street parking for up to 3 cars accessed via Rectory Lane

Location Description

  • Edgware is a popular and sought-after north-west London suburb located approx. 10 miles north-west of central london via the A41 highway.
  • The property occupies a fantastic position in the centre of the very busy Station Road
  • Located opposite Edgware Underground Station (Northern Line) and Edgware Bus Depot and within easy walking distance to the Broadway Shopping Centre
  • Nearby occupiers include many multiple retailers such as Greggs, The Money Shop, Paddy Power, Starbucks, HSBC, Lloyds, Argos, Santander, Betfred and Carphone Warehouse.

Additional Notes

  • The ground floor is let to Nando's for £47,500 p.a. on an FR&I lease until 2029 without any breaks
  • The upper floor flats have been sold off on long leases returning £200 p.a.

Your Agent for this listing

Nilesh (2)

Nilesh Patel ACA

0203 113 2142
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