A Ground and Lower Ground Floor Retail/Offices Unit Fully Let Producing £30,000 Per Annum

What it costs to own

The price is only part of it. Every auction house adds a buyer's fee, and you pay stamp duty and a solicitor. Net yield is the rent over all of it.

What it's likely to sell for

From what comparable lots actually sold for against their guide, in Cornerlot's results.

Energy rating

How it compares

History

• First listed on Cornerlot 11 Oct 2026.
• Listed before with Auction House UK: Postponed. See that listing

Auction House UK's record

About the lot

Leasehold mixed use lot in Camden. Producing £30,000 a year, a 12.0% gross yield at the guide.

Lot -, Commercial Property. A Ground and Lower Ground Floor Retail/Offices Unit Fully Let Producing £30,000 Per Annum. (Reflecting a Gross Initial Yield of 12%). Potential to Convert into Residential Use (Subject to Obtaining all Relevant Consents): The property comprises a ground floor retail unit and a lower ground floor office situated within a mid terrace building arranged over lower ground, ground and two upper floors. Tenure: Leasehold. The property is held on a 125 year lease from 29th September 1994 (thus approximately 93 years unexpired ). Location: The property is situated on a mixed use parade close to local shops and amenities. The open spaces of Kilburn Grange Park are within easy reach. Transport links are provided by Kilburn Park/Maida Vale underground stations (Bakerloo line) and Kilburn High Road/ South Hampstead overground stations. Accommodation: Lower Ground Floor Offices Kitchen Storage Space WC G.I.A Approximately 550 sq ft Ground Floor Retail Unit G.I.A Approximately 650 sq ft. Tenancy: The property is subject to a lease for a term of 12 years commencing 15th June 2025 at a rent of £30,000 per annum. Landlord has a 6-month rolling option to break. Services: Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.