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Virtual Freehold/Freehold Mid Terrace Building • Internally arranged to provide a Retail Unit and Twenty Three Studio Flats
• Upper Parts subject to a Single Lease at a Rent of £120,000 per annum
• Retail Unit subject to a Lease at a rent of £10,500 per annum On the instructions of J Gershinson FRICS and L Brooks MRICS of Allsop LLP acting as Joint Fixed Charge Receivers TenureLong Leasehold/Freehold.
91A - is held on a long lease for a term of 999 years from 25th March 1993 (thus having approximately 981 years unexpired) at a current ground rent of £1 per annum.
93 - Freehold.
95A - is held on a long lease for a term of 999 years from 1st January 1995 (thus having approximately 983 years unexpired) at a peppercorn ground rent.LocationCricklewood Broadway (A5) is the continuation of Shoot Up Hill which in turn runs into Kilburn High Road. The property itself is situated on the west side of Cricklewood Broadway almost opposite the road's junction with Richborough Road. Local shops and amenities, including Cricklewood Broadway Rail Station, are available with the more extensive facilities of Brent Cross Shopping Centre also being within reach. Further communications are afforded by the A406 (North Circular Road).DescriptionThe property comprises a mid terrace building arranged over ground and two upper floors. Internally the building provides a lock-up shop unit together with twenty three studio flats.Accommodation and TenanciesThe property was not internally inspected by Allsop. We understand the property provides:A Schedule of Accommodation and Tenancies is available to download please click here To ViewThe property will be open for viewing on Thursday 8th December between 11.00 - 11.30 am. Seller's SolicitorMessrs Berwin Leighton Paisner
(Ref: GO58/R2000.03299).
Tel: 0203 400 3595 Fax: 0203 400 1111.Total Current Gross Rent Reserved £130,500 per annum (equivalent)
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