Description
Investment / development opportunity For Sale
Shop / restaurant (Use class E) fronting the High Street with Place of worship to the rear (use F1)
Location - The property is situated in the North West London area of Harlesden a densely populated suburb surrounded by the local shops and amenities of High Street and Askew Road.
Description - Investment / Development opportunity
Semi detached freehold building built in circa 1930 comprises
Ground floor retail unit to the front currently trading as a Brazilian butchers, grocers and coffee shop with a flat above that has been sold off on a long lease.
Ground floor rectangular single storey building to the rear with pitched roof currently used as a Mosque.
Leases & Income - Shop: 8 year internal repair and insuring lease from 30/01/2023, 4 yearly reviews - Passing rent £28,000 p.a
Mosque: 7 Year lease from 27/12/2019 - Passing rent £55,000 p.a
Upper floors residential: Sold on long lease 999 years from 2003 - Peppercorn ground rent.
Total Rent: £83,000 p.a
Viewings - Contact sole agents
Christopher St James[use Contact Agent Button]
Data Room - Further information available in the data room on our website
Password: craven60