£5,600,000

Restaurant for sale

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Auction

Fixed price

£5,600,000

Restaurant for sale

Cricklewood Broadway, London NW2

Local area information

Property location

Nearby amenities

  • Gesher Primary Special School 0.2 miles
  • Hampstead School 0.2 miles
  • Cricklewood 0.3 miles
  • Willesden Green 0.6 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Cricklewood to find out more about the local area.

Features and description

Cricklewood Broadway, London Nw2

Mixed use freehold investment for sale - comprising substantial corner building arranged as large commercial premises over ground and basement plus 12 flats at the rear and upper parts. The commercial element is currently let to 84 West Brasserie and Grill, a sophisticated main-stay serving elevated African influence dishes and steaks. No expense has been spared when fitting out the premises with amazing interior décor. The restaurant has a strong clientele base. The restaurant is arranged as large open plan on the ground floor with additional mezzanine seating. The floor to ceiling height is 4.53m. There is a fully fitted kitchen and wash area on ground floor with additional storage/prep area and WC’s on the lower ground floor. The residential element comprises 10 x studio/1 bed flats, 1 x 3 bed flat and 1 x 4 bed flats that are all currently occupied.

Areas (shop):

Ground floor front 1057 sq ft (98.2 sq m)

Mezzanine 290 sq ft (27 sq m)

Ground floor rear seating 490 sq ft (45.5 sq m)

Kitchen 280 sq ft (26 sq m)

Wash area 69.5 sq ft (6.46 sq m)

Office 92 sq ft (8.6 sq m)

Total area 2906 sq ft (270 sq m)

Tenancies:

Shop—Let on a 15 year full repairing and insuring lease from 15th December 2013 with 5 yearly rent reviews at £60,000 pa.

The flats are let on AST (assured shorthold tenancy agreements)

The total income for both the restaurant and flat is £263,155 pa

The whole building is available freehold at £5.6m, subject to the current tenancies.
Nb Our client would also consider selling just the commercial element, subject to the existing tenancy at £2.6m.

More information

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  1. Zoopla
  2. Commercial for sale
  3. London
  4. Brondesbury
  5. Willesden Green
  6. Cricklewood Broadway

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