TypeRetail Investments · Assured Shorthold Tenancies
NW11 Finchley Road, Temple Fortune, London
TenureFor sale
Specification
- Building size
- Building size 752 sqft
- Property type
- Property type Retail Investments · Assured Shorthold Tenancies
- Tenure
- Tenure For sale
Description
Shop arranged over ground floor and basement trading as a café/restaurant with a duplex self-contained flat arranged over first and second floors accessed via Temple Fortune Lane. The shop has been trading as a café for many years and has been fitted to a good standard with basement, kitchen & WC, seating area on ground floor and raised ground floor area with fold-back frontage. The commercial premises are let on a 16 year lease from 2016 (details below).
The upper part comprises a 3 bedroom flat with kitchen and bathroom at 1st floor level, together with large reception room and the 2nd floor comprising 3 bedrooms. The flat is vacant. The residential element lends itself (subject to planning) to create two self-contained flats/possible HMO's. There is the right to park at the rear.
COMMERCIAL TENANCY
Let on a full repairing and insuring lease from 4th June 2015 for a term of 16 years with 4 yearly rent reviews at £23,500 pa. The rent review of June 2023 is outstanding (not actioned). A rent deposit of £17,250 is held for the term of the lease.
Location
Situated in a good position on Finchley Road virtually opposite Mercedes Benz and close to the junction with Temple Fortune Lane, Hendon Park Row and Bridge Lane.



