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
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:-
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).
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.
Craven Park Road