Investment Properties for sale in Harlesden

View the "UNIQUE FREEHOLD INVESTMENT OPPORTUNITY PRODUCING A RENTAL INCOME OF: £75,400 PER ANNUM" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

UNIQUE FREEHOLD INVESTMENT OPPORTUNITY PRODUCING A RENTAL INCOME OF: £75,400 PER ANNUM

Harlesden, London, England

  • Price: £1,150,000
Seller Reference: harlesdenfreeholdinvest
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Business Description
 
 
 
 
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Seller Reference: harlesdenfreeholdinvest
Request Details
Business Description
We are delighted to offer to the market this unique Freehold Investment opportunity comprising:-

A Commercial Investment Producing a rental income of: £75,400 Per Annum

Description
The property comprises a semi detached building arranged to provide a ground floor shop, a mosque to the rear of the building and ground rents above.

The property is situated in the north west London area of Harlesden among the local shops and amenities of Askew Road and High Street. The open spaces of Roundwood Park are within close proximity. Transport links are provided by Harlesden overground and Neasden underground station (Jubilee line).

Accommodation & Tenancy Schedule as follows:-

Chicken Shop:
Comprising Ground Floor Takeaway Premises with catering kitchen, WC. Let under a 5 Year FRI Lease from 16th May 2019 achieving a rental income £20,400 rent per annum.

Mosque (D1 Use) Rear Ground Floor level, Prayer Area, Office, WC. Let under a 7 Year FRI Lease from 27/12/2019 achieving a rental income of £55,000 rent per annum. Seating is well in excess of 150 people. Business Rates: The property has a Rateable Value of: £4,350 with actual rates payable of: £1,800.90 per annum (paid by the tenants).

Flats:-
Located at First and Second Floor Levels: Sold off on a 999 Year Lease From 25th March 2003. Achieving a Peppercorn rent.

FREEHOLD OFFERS SOUGHT IN EXCESS OF: £1.15M

Please telephone Victoria or Zak on 0330 133 0526 for further information.
Location Details:
Craven Park Road
Listed by:
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