Mixed Use Investment Kensington West London W8

Auction Date 29 October 2024
Guide Price £415,000
Property Summary

Guide Price £415,000+. The property consists of a ground floor retail unit let by way of a 25-year lease dated 6 April 2018 at a rent of £35,000 per annum and trades as the highly regarded and well reviewed Restaurant. It extends to circa 691 sq ft. In addition to a first and second floor maisonette let on a 99 year lease from 29/9/1983 at a peppercorn ground rent. (Thus having approximately 58 years unexpired); and a basement and yard, again sold off on a 99 lease dated 6/9/1961 at a peppercorn ground rent. (Thus having approximately 37 years unexpired).

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