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142-162 Kilburn High Rd 15,885 sq ft Retail Unit Offered at £7,500,000 in London NW6 4JD
INVESTMENT HIGHLIGHTS
- Prominent Location
- Good Transport Links
- Close to local amenities
EXECUTIVE SUMMARY
The property comprises a block consisting of four retail units, a self-contained office and 52 residential flats. Renovations were completed in 2011. The property is located on Kilburn High Road (A5), which links to the A406 and M1. The Kilburn High Road and Brondesbury Railway Stations are both located nearby.
PROPERTY FACTS
| Total Property Size | 50,058 sq ft | Floors | 5 |
| Property Type | Retail (Unit) | Typical Floor Size | 10,012 sq ft |
| Property Subtype | Shopfront Retail / Office | Year Built | 1950 |
| Costar Property Class | B | Total Plot Size | 0.68 ac |
| Total Property Size | 50,058 sq ft |
| Property Type | Retail (Unit) |
| Property Subtype | Shopfront Retail / Office |
| Costar Property Class | B |
| Floors | 5 |
| Typical Floor Size | 10,012 sq ft |
| Year Built | 1950 |
| Total Plot Size | 0.68 ac |
AMENITIES
- Security System
- Accent Lighting
- Roller Shutters
- Storage Space
- Air Conditioning
1 UNIT AVAILABLE
Unit Aldi
| Unit Size | 15,885 sq ft | Sale Type | Investment |
| Price | £7,500,000 | Tenure | Freehold |
| Price Per sq ft | £472.14 | Net Initial Yield | 4.99% |
| Unit Use | Retail | NOI | £374,600 |
| Unit Size | 15,885 sq ft |
| Price | £7,500,000 |
| Price Per sq ft | £472.14 |
| Unit Use | Retail |
| Sale Type | Investment |
| Tenure | Freehold |
| Net Initial Yield | 4.99% |
| NOI | £374,600 |
DESCRIPTION
The property comprises a modern, purpose built food store extending to 15,885 sq ft GIA. Aldi trades on the ground floor only with ancillary storage and staff rooms in the basement.
SALE NOTES
We are seeking offers in excess of £7,500,000 (Seven Million, Four Hundred and Eighty Thousand Pounds) subject to contract and exclusive of VAT.
This reflects a net initial yield of 5.00%, after deduction of the usual purchaser’s costs of 6.69%
NEARBY MAJOR RETAILERS
Presented by
142-162 Kilburn High Rd
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