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7 bedroom commercial property for sale

Chamberlayne Road, Kensal Rise

Sold STC £1,900,000
3,180 sq. ft.

Property Description

Key features

  • Investment property
  • Shop & six flats
  • Mostly let producing 99,300 pa
  • 3 studio's, 2 x 1 bedrooms, 1 x 2 bedrooms plus loft
  • Rear garden

Full description

Rare and exciting opportunity to purchase a Freehold building in vibrant Chamberlayne Road.

FREEHOLD SHOP & 6 FLATS - INVESTMENT PROPERTY. This Let shop and 6 flats on Basement, Ground, First & Second Floors are situated within this busy thoroughfare in the centre of Kensal Rise and comprises Shop/Basement with A1 (retail) use Let on a 20 year Lease from 2004 (with 5 yearly reviews), 3 x studio flats, 2 x1 bedroom and 1 x 2 bedroom flats all on AST (periodic) tenancies and producing a combined total of £99,300 per annum Exclusive (4.1% yield approx). With the potential for increasing/uplift in the rents & scope for extension and/or loft conversion (stpp).

TENURE: We understand that the tenure is Freehold and the property is offered subject to contract and to the existing tenancies. The operational condition of the services and appliances connected to the property have not been checked and as such, no warranties are offered thereto.

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