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142-162 Kilburn High Rd 15,885 SF Retail Condo Unit Offered at $9,992,938 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 Building Size | 50,058 SF | Floors | 5 |
| Property Type | Retail (Condo) | Typical Floor Size | 10,012 SF |
| Property Subtype | Storefront Retail/Office | Year Built | 1950 |
| Building Class | B | Lot Size | 0.68 AC |
| Total Building Size | 50,058 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Storefront Retail/Office |
| Building Class | B |
| Floors | 5 |
| Typical Floor Size | 10,012 SF |
| Year Built | 1950 |
| Lot Size | 0.68 AC |
AMENITIES
- Security System
- Accent Lighting
- Automatic Blinds
- Storage Space
- Air Conditioning
1 UNIT AVAILABLE
Unit Aldi
| Unit Size | 15,885 SF | Sale Type | Investment |
| Price | $9,992,938 | Tenure | Freehold |
| Price Per SF | $629.08 | Cap Rate | 4.99% |
| Condo Use | Retail | NOI | $499,113.96 |
| Unit Size | 15,885 SF |
| Price | $9,992,938 |
| Price Per SF | $629.08 |
| Condo Use | Retail |
| Sale Type | Investment |
| Tenure | Freehold |
| Cap Rate | 4.99% |
| NOI | $499,113.96 |
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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