Neasden Lane, London, NW10 0AD
£799,950
Key Information
Tenure:Freehold
Council tax band:Not available
Broadband:up to 80Mbps
Mobile signal:*Based on indoor data coverage
EEO2ThreeVodafone
Description
Regal Estates are proud to offer for sale a rarely available unbroken freehold investment in the main shopping parade of Neasden Lane, London NW10.
Location: Located in the main shopping parade of Neasden Lane NW10, hugely benefitting from great foot flow, being 0.4 miles of Neasden underground tube station and easy access to the North Circular Road.
Property: Ground floor lock up shop of approx. 61 m2 / 656 sq foot and rear yard. 2 x 2 bed self-contained flats on the 1st & 2nd floors with entrances via rear service road.
Tenancy:
Shop – Let on a commercial FRI lease of 20 years from 19th Oct 2012 with 5 yearly rent reviews. Current rent £20,000 per year exclusive. Trading as hot food takeaway & restaurant. EPC Rating 41B
Flat A – Let on an AST 12 months from 11th Nov 2024. Current rent £19,800 per year exclusive. EPC Rating C80.
Flat B- Let on an AST 12 months from 10th January 2025. Current rent £20,400 per year exclusive. EPC Rating C74.
Total Rent: £60,200 per year exclusive.
Asking price £799.950.
Viewing: Strictly by appointment. FULL proof of funds will be required before arranging any viewings.
Location: Located in the main shopping parade of Neasden Lane NW10, hugely benefitting from great foot flow, being 0.4 miles of Neasden underground tube station and easy access to the North Circular Road.
Property: Ground floor lock up shop of approx. 61 m2 / 656 sq foot and rear yard. 2 x 2 bed self-contained flats on the 1st & 2nd floors with entrances via rear service road.
Tenancy:
Shop – Let on a commercial FRI lease of 20 years from 19th Oct 2012 with 5 yearly rent reviews. Current rent £20,000 per year exclusive. Trading as hot food takeaway & restaurant. EPC Rating 41B
Flat A – Let on an AST 12 months from 11th Nov 2024. Current rent £19,800 per year exclusive. EPC Rating C80.
Flat B- Let on an AST 12 months from 10th January 2025. Current rent £20,400 per year exclusive. EPC Rating C74.
Total Rent: £60,200 per year exclusive.
Asking price £799.950.
Viewing: Strictly by appointment. FULL proof of funds will be required before arranging any viewings.
Arrange Viewing
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Property Calculators
Mortgage
Estimated Monthly Mortgage Payment:
£4,002 /mo.25 Years, 4.5% Interest
Loan
£719,955
Total Repay
£1,200,523
Stamp Duty
You’ll have to pay the stamp duty of:
£27,498
0% up to £250,000
5% from £250,000 to £799,950
Your effective stamp duty rate is 3.44%
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