225 Cricklewood Broadway 1,363 sq ft Retail Property London NW2 3HP £625,000 (£458.55/sq ft)

An Edwardian three storied building comprising of ground floor commercial premises currently trading as a restaurant, commercial tenanted garage premises with rear access from Hassop Road, vacant self-contained studio apartment plus four self-contained flats let on long leases.
Guide price £625,000 for the freehold interest.
Ground floor shop premises trading as a restaurant:
Tenants holding over on the terms of a Full Repairing & Insuring Lease granted for 15 years from 25th
December 2008. Passing Rent £12,000 per annum.
Ground floor studio flat - Currently vacant, but we understand this apartment had previously been let for £1,300 per calendar month exclusive.
The four apartments set on the first and second floors, have been sold on Leases of 135 years from the 25th July 2021 with current ground rents of £150.00 per annum for each apartment.
Hassop road workshop premises was leased for a period of 8 years from the 24th May 2018, and although the rent was amended with effect from the 24th May 2020, a rent review in December 2023 was not triggered. The current rent being £8,600 per annum.
Energy performance assessments:
Ground floor shop EPC Band B
Current Rating 39
Rateable value from 1.4.26 £14,000
Workshop premises
EPC
Band C
Current Rating 73 Rateable value from 1.04.2026 £4,550