Home :: Search :: Results :: Detailed View

Description

FOR SALE – FREEHOLD RESIDENTIAL INVESTMENT WITH DEVELOPMENT POTENTIAL

Location:
The premises are situated on the eastern side of Grays Inn Road, approximately 80 metres from the junction with Clerkenwell Road and Theobalds Road. The area has a mix of residential and office users and there are a number of multiple retailers in the vicinity including Pret a Manger, Vodaphone and Allied Irish Bank.

Accommodation:
The premises are accessed via a communal staircase, which leads to all levels. The restaurant is arranged over premises also benefits from the following amenities and floor area:

Tenancy Schedule:

Floor: Tenancy Info Rent pa Size

41 Grays Inn Road – Third Floor 12 month AST until March 2012 £19,200 pa 3 bedroom

41 Grays Inn Road – second floor 12 month AST until April 2012 £12,999.96 pa 1 Bedroom

41 Grays Inn Road – First Floor 12 month AST until June 2012 £13,512 pa 2 Bedroom

39 Grays Inn Road – Second Floor Holding Over
Tenancy from 5th December 2007 £12,000 pa 1 Bedroom

39 Grays Inn Road – First Floor Holding Over
Tenancy from 7th May 2010 £15,600 pa 2 Bedroom

39-41 Grays Inn Road (Commercial) 20 years from 2009, with 5 yearly rent reviews £55,000 pax Ground Floor & Basement

Total Rent: £128,311.96 pax

Tenure:
Freehold.

Price:
Offers in excess of £2.5 million (two million, five hundred thousand pounds), will be considered, subject to contract.

Viewing:

For further information or to make an appointment to inspect please contact the Owners Sole Agents: