Langford Ct @ Langford Place - Service FOR SALE


London, LND NW8 0LL
$650,000 USD
808-196-5306
Langford Ct @ Langford Place, London, LND for Sale
$650,000 USD
Service - FOR SALE
1/4
null | Request Cap Rate

Langford Ct @ Langford Place
London, LND NW8 0LL


HIGHLIGHTS

  • Long leasehold motor investment in Central London
  • The property comprises a lower ground floor self-contained garage premises which undertakes MOTs and servicing
  • The property forms part of Langford Court, a substantial residential building
  • 99 years lease from 1997 with the freeholder
  • Current tenant: Hampsted Motor Services UK Ltd
  • Annual Rental income: £52,000

OVERVIEW

Long leasehold motor investment in Central London The property comprises a lower ground floor self-contained garage premises which undertakes MOTs and servicing. The property forms part of Langford Court, a substantial residential building 99 years lease from 1997 with the freeholder Current tenant: Hampsted Motor Services UK Ltd Annual Rental income: £52,000 Current lease with tenant: 10 years from April 2018 Last Market Rent review: April 2023 with 6 months break clause No ground rent is required to be paid (peppercorn rent)

FOR SALE DETAILS

PRICE

$650,000 USD

PRICE/SF

$323 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Enterprise Garage

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Service

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1968

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Sejal KamaniPrideview GroupMore Info
808-196-5306

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Sejal KamaniPrideview GroupMore Info
808-196-5306

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.