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Enterprise Garage Langford Ct

2,013 SF Industrial Building London NW8 0LL $804,714 ($400/SF)

Commercial Buildings London Langford Ct, London, LND NW8 0LL

Investment Highlights

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

Executive Summary

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)

Property Facts

Price $804,714 Building Class C
Price Per SF $400 Rentable Building Area 2,013 SF
Sale Type Investment No. Stories 1
Tenure Long Leasehold Year Built 1968
Property Type Industrial Tenancy Single
Property Subtype Service Cross Streets Langford Place
Price $804,714
Price Per SF $400
Sale Type Investment
Tenure Long Leasehold
Property Type Industrial
Property Subtype Service
Building Class C
Rentable Building Area 2,013 SF
No. Stories 1
Year Built 1968
Tenancy Single
Cross Streets Langford Place

Links

1 of 1
+44 808 196 5306

Contact

  • Listing ID: 29284811

  • Date on Market: 8/16/2023

  • Last Updated:

  • Address: Langford Ct, London NW8 0LL

The Industrial Property at Langford Ct, London, NW8 0LL is currently available for sale. Contact Prideview Group for more information.

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Enterprise Garage | Langford Ct
+44 808 196 5306 x

Enterprise Garage | Langford Ct

Sejal Kamani

+44 808 196 5306

+44 808 196 5306

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