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Commercial Property for sale in High Road, Wembley

Commercial Property - £950,000

High Road, Wembley

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First listed on: 19th April 2016

Nearest stations: Wembley Central (0.2 mi)North Wembley (0.8 mi)Sudbury & Harrow Road (1 mi)Stonebridge Park (1.1 mi)Wembley Stadium (1.2 mi)

Interested in this property? Call See phone number 0208 357 4000

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Property Features

  • Freehold Investment
  • Business Not Affected
  • 2 Self Contained 1 Bed Flats
  • 55,000 Annual Income
  • FRI Lease

Property Description

Occupying a prime position on High Road, Wembley is this substantial freehold investment. The property comprises commercial premises as well as 2 self-contained 1 bed flats. The shop on the ground and lower ground floors is rented on an FRI lease with 10 years remaining and is currently let at £35,000 per annum. The 2 flats are let on an AST and generate a total annual income of £20,400, with the potential to increase subject to internal improvement. The total income is £55,400, providing a gross annual yield of just under 6%.


Occupying a prime position on High Road, Wembley is this substantial freehold investment. The property comprises commercial premises as well as 2 self-contained 1 bed flats. The shop on the ground and lower ground floors is rented on an FRI lease with 10 years remaining and is currently let at £35,000 per annum. The 2 flats are let on an AST and generate a total annual income of £20,400, with the potential to increase subject to internal improvement. The total income is £55,400, providing a gross annual yield of just under 6%.


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Price History

Listed prices are those submitted to us and may not reflect the actual selling price of this property.

Date History Details
31/08/2016 Property listed at £950,000
20/04/2016 Property listed at £995,000

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Disclaimer

Disclaimer Property reference bro11_BRO1COM1002430. Details are provided and maintained by Brockenhurst Estates (Central Harrow). Nethouseprices.com makes no warranty as to the accuracy or completeness of aforementioned details.

This property is marketed by

Brockenhurst Estates (Central Harrow)

2 Central Parade

Station Road

Harrow

HA1 2TW

Telephone: See phone number 0208 357 4000

Arrange Viewing Arrange Viewing with Agent

Disclaimer

Disclaimer Property reference bro11_BRO1COM1002430. Details are provided and maintained by Brockenhurst Estates (Central Harrow). Nethouseprices.com makes no warranty as to the accuracy or completeness of aforementioned details.

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This property is marketed by

Brockenhurst Estates (Central Harrow)

2 Central Parade

Station Road

Harrow

HA1 2TW

Telephone: See phone number 0208 357 4000

Arrange Viewing Arrange Viewing with Agent

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