South Kensington A3 Investment Sold
152 Old Brompton Road Under Offer SW5 0BE
| SIZE | 1861 sq ft |
|---|---|
| LOCATION | Situated in a prominent position to the North side of Old Brompton Road and close to its junction with Bina Gardens & Drayton Gardens & The Boltons. There is a good range of local occupiers including bars and restaurants nearby including Eclipse Bar Blakes Hotel Bar, Nam Long and the Drayton Arms. The property benefits from good communications both by road and tube being located near South Kensington (District Line) tube station. |
| ACCOMMODATION | The restaurant is let to Yogeshwar Anand & Ather Ahmed T/a Kare Kare on a 25 year FRI lease from June 1983 extended untill 2018 with 5 yearly upward only rent reviews. The current rent is £30,300 pa with a rent review due November 2008. The 3 flats above are sold on long leases for 99 years from 1984 producing a ground rent of £301pa. |
| TERMS | Rental Income £30,300 pa |
| PRICE/RENT | OIEO £505,000 |
| AVAILABLE | Now |