293-295 Kilburn Lane Queens Park W9 3EG

We are happy to bring to market an excellent investment opportunity. This retail commercial premises is located on a busy parade in Kilburn. The property is a double fronted shop fitted out as a betting office.

The property is let to Ladbrokes betting and gaming Ltd for a term of 15 years from 29th September 2011 at a current rent of £25,000 per annum.

Key Features:

• Lease until 12/24/2118 (approx. 95 years remaining)
• Current rent reserved is £25,000
• Let until September 2026
• Total accommodation 105.10 sqm (1,131 sqf)
• Price: £360,000
• Not subject to VAT

Location:

Queens Park is located some 4 miles north-west of Central London, approximately 1.5 miles north of Notting Hill and some 1 mile west of Maida Vale. The A404 Harrow Road is a short distance to the south, which links directly with the A40 Westway. The property is well located on the north side of Kilburn Lane, between its junctions with Claremont Road and Bravington Road. Queens Park Rail Station is within some 150 metres and is served by London Underground (Bakerloo Line) and Overground services.

Occupiers close by include the Post Office (adjacent), amongst a variety of other local traders in a predominantly residential area between Kensal Rise and Maida Vale.

Vanderwald Estates have represented the information here based on information provided by the vendor. All potential buyers should only rely on their own due diligence and inspections.