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UNDER OFFER

192 Ealing Road, Wembley, HA0 4QD

£3,050,000

£781.05 per sq ft

Business rates & charges may apply

VDBM, Middlesex
SIZE AVAILABLE

3,905 sq ft

363 sq m

SECTOR

High street retail property for sale

Key features

  • STRONG RENTAL INCOME
  • ESTABLISHED TENANT
  • PREVIOUS PLANNING CONSENT
  • PROMINENT CORNER POSITION
  • FREEHOLD RETAIL INVESTMENT
  • PRIME LOCATION
  • ACCESSIBLE TRAVEL CONNECTIONS
  • HEATHROW AIRPORT 11 MILES
  • WEMBLEY STADIUM 2 MILES

Description

The existing property comprises of a large ground floor retail shop with residential upper floors suitable for redevelopment.

The ground floor shop is 2,475 sq ft (229.94 sq m) sub-divided into 14 retail kiosk units.

The upper floor flat is 1,430 sq ft (132.85 sq m) arranged over first and second floor loft space with 8 rooms, 2 bathrooms and a kitchen.

A rare opportunity to purchase a sizeable freehold mixed use property in a prime location on Ealing Road, Wembley.

The property has considerable scope for adding value through development or active asset management.

The ground floor is currently occupied by Viva Group Ltd holding over on a lease which expired on 31st May 2023, at a rent of £149,000 per annum. The lease is outside the Landlord & Tenant Act and Viva Group Ltd would like to renew the lease.

The upper parts consists of a large single flat with 8 rooms, 2 bathrooms and a kitchen, which is currently let on AST producing £26,400 per annum on a single AST.

There is a lapsed planning consent to extend the firsts floor and loft space to provide 4 new flats.



Ealing Road is a vibrant shopping area which is renowned for specialist Asian goods including high-end jewellery stores, clothes boutiques and housewares. The area is also a destination for Indian restaurants and street food.

The property is located on a prime corner position on Ealing Road and Bowrons Avenue alongside Punjab Bank, Fudco Specialist Foods and opposite VB & Sons supermarket.

There are excellent accessible travel connections including Wembley Central Station (Bakerloo Line and Mainline) and Alperton Station (Piccadilly Line), both with fast connections to Central London (25 minutes). Ealing Road is also serviced by a number of local bus routes Heathrow Airport is located 11 miles away and the main arterial roads (A40 and A406 North Circular Road) are within easy access. Wembley Stadium and Arena are located 2 miles away.

Strictly by appointment through VDBM.
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An energy performance certificate (EPC) is available upon request.

STRONG RENTAL INCOME

ESTABLISHED TENANT

PREVIOUS PLANNING CONSENT

PROMINENT CORNER POSITION

FREEHOLD RETAIL INVESTMENT

PRIME LOCATION

Brochures

192 Ealing Road, Wembley, HA0 4QD

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Alperton Station0.3 miles
  • Wembley Central Station0.5 miles
  • Wembley Stadium Station0.8 miles

About VDBM, Middlesex

30A Green Lane, Northwood, HA6 2QB

VDBM is an independent firm of Chartered Surveyors, providing a wide range of professional services to property owners and occupiers.

Each of our services can be tailored to meet the needs of clients whether they be individuals, companies or charities.

We are active Commercial Estate Agents with an extensive list of available properties. We have recently launched a bespoke search and acquisition service for investors and buyers.

Our services include: property management, rent reviews/lease renewals, valuations & residential lease extensions, party walls, dilapidations, buildings repairs & maintenance and building surveys.

Notes

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Disclaimer - Property reference 1257FH. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by VDBM, Middlesex. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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