286-290 Kilburn High Rd 1,600 SF 100% Leased Office Building London NW6 2DB £1,275,000 (£796.88/SF) 6.16% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Income Producing Investment - virtual freehold for sale
- 3 lock-up shops let to 2 tenants
EXECUTIVE SUMMARY
3 lock-up shops let to two tenants. 290 Kilburn High Road is currently trading as a mobile phone accessories store and 286-288 Kilburn High Road is trading as a successful E bike and scooter retailer.
290 Kilburn High Road
Let on a 5 year full repairing and insuring lease from 16th January 2024 at £29,300 pa.
286-288 Kilburn High Road
Let on a 5 year full repairing and insuring lease from 28th May 2024 at £54,000 pa.
290 Kilburn High Road
Let on a 5 year full repairing and insuring lease from 16th January 2024 at £29,300 pa.
286-288 Kilburn High Road
Let on a 5 year full repairing and insuring lease from 28th May 2024 at £54,000 pa.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Tenure
Long Leasehold
Building Size
1,600 SF
Building Class
B
Year Built
1900
Price
£1,275,000
Price Per SF
£796.88
Net Initial Yield
6.16%
NOI
£78,540
Percent Leased
100%
Tenancy
Multiple
Number of Floors
4
Typical Floor Size
400 SF
Building FAR
0.41
Lot Size
0.09 AC
AMENITIES
- Security System
- Roller Shutters
- Storage Space
- Air Conditioning
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