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388 Neasden Lane North, London, NW10 0BT
£3,250,000
LOCATION
The Texaco petrol station is located in prominent position on Neasden lane, close to Neasden Tube station & Neasden Shopping centre .The property has easy access to A-406 and one stop away from Wembley Stadium and Outlets. The convenience store is located toward the right hand of the site and comprises a single storey detached building of concrete block / facing brick construction,
DESCRIPTION
The site has outline planning permission for hostel. The Texaco still running as petrol station and convenient store.Garage forecourt with fuel pumps and shop with service counter, shelving, display units and refrigeration units
ACCOMMODATION
See Plans
AMENITIES
Offers Invited.
With Car Park.
Open Plan Trading Area.
Larger site.
Next to a busy road.
Established Filling Station
TERMS
Freehold
OUTGOINGS
TBC
LEGAL COSTS
Each party are to be responsible for their own legal costs incurred in this transaction
PLANNING
Outline Planning Permission see plans
VIEWING
Strictly by prior appointment through Ashfield Estates Commercial
Your property may be repossessed if you do not keep up repayments on your mortgage.
Monthly Payment: £ 8,216.87
Monthly Payment: £ 8,216.87
Monthly Payment: £ 8,216.87
Amortization For Monthly Payment: £8,216.87 over 30 years ( Based on 3.20% Interest )
Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.
Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.
Your home may be repossessed if you do not keep up repayments on your mortgage.
The refurbishment budget is set to 2.50% of the purchase price, but this will vary dependent on the suitability of the property for the rental market. Select a value that you feel is appropriate to the condition of the property.
This will vary between lenders, type of report and whether or not you are buying with a mortgage, for advice on which type of survey would be appropriate speak with an advisor from Preston Baker Financial Services.
Lenders will often charge a fees for the arrangement of a mortgage, for advice on what lenders may charge, speak with an advisor from Preston Baker Financial Services. Your home may be repossessed if you do not keep up repayments on your mortgage.
This is the sum of mortgage admin, land registry, search, bank transfer and any other fees incurred.
Purchase costs include assumed mortgage and survey costs which are estimated. For a quote contact a Preston Baker Financial Services mortgage advisor who can provide you with current and accurate information. The stamp duty calculation has applid the 3% stamp duty surcharge on the basis that this will be a second property.
The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.
This is the percentage of the rent that you will spend maintaining the property.
Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.
Service charge only applies to leasehold properties. The correct figure can found in the Property Information Questionnaire answered by the seller.
This is a standard, indicative figure only. Properties that have a service charge often have this included withing that charge. Please consult the Property Information Questionnaire for more information.
Final Equity Profit = Final Property Value - Mortgage Required - Investment
Cumulative Rental Profit = Annual rental profit x Time of Investment
This is the assumed rate of house price inflation.
This is the property value at the end of the investment based on an assumed rate of % house price inflation.
388 Neasden Lane North, London, NW10 0BT
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