Summary - 44, BIRCHINGTON ROAD NW6 4LJ
1 bed 1 bath Retail Property (high street)
**Standout Features:**
- **Gross Initial Yield:** 8.52% on a guide price of £1,350,000 (Plus VAT)
- **Leases:** 999-year lease on both units, with annual rental income of £115,000
- **Location:** Prime spot in the heart of Kilburn, close to major retailers and transit options
- **Size:** Expansive 5,477 sq ft, including a well-maintained restaurant setup
- **Investment Potential:** Long-term lease until 2025 with steady rent reviews, ideal for investors
**Concerns:**
- **Crime Rates:** High in the area
- **Exterior:** Victorian construction may require updating for insulation
**Summary Description:**
Seize this rare investment opportunity to acquire two prominent commercial properties located strategically just off Kilburn High Road, offering excellent foot traffic and visibility. Spanning an impressive 5,477 square feet, this Victorian-era mixed-use retail space boasts a storied background, currently hosted by well-established restaurants. 44 Birchington Road features a versatile open plan with outdoor appeal, while 46 Birchington Road showcases a polished interior with dual-level dining and air conditioning—perfect for a vibrant dining experience.
With an attractive gross initial yield and a new long-term lease ensuring a steady income, this property is positioned for excellent future potential. The area, bustling with retail giants and approachable transport links, balances convenience with community charm. This investment is not just about a property; it’s about securing a foothold in a thriving urban locale. While the local crime rates should be noted, its strategic positioning makes this a unique opportunity sure to attract interest—act quickly to envision your successful venture in Kilburn!
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