Skip to content

4-5 Bank Buildings, High Street, London, NW10 4LT

Fixed Price
£865,000

£265.26 per sq. ft.

Business rates & charges may apply

Blue Alpine, London
SIZE AVAILABLE
3,261 sq. ft.
(303 sq. m.)
SECTOR
High street retail property for sale

Key features

  • Comprises two ground floor retail shops with ancillary accommodation at lower ground floor.
  • To be held on a new 999 Year Lease from completion
  • VAT is applicable to this property
  • Total area size of 303 sq m (3,261 sq ft)
  • Located on the High Street within a 10 minute walk to Willesden Junction Station which provides direct services to Central London
  • Nearby occupiers include Tesco Metro, William Hill, Specsavers, Superdrug, Subway and Burger King, amongst others.

Property description

Tenure: Leasehold, 999 years remaining

Investment Consideration:
Gross Initial Yield: 6.01%
Rental Income: £52,000 p.a.
Comprises two ground floor retail shops with ancillary accommodation at lower ground floor.
To be held on a new 999 Year Lease from completion
VAT is applicable to this property
Total area size of 303 sq m (3,261 sq ft)
Located on the High Street within a 10 minute walk to Willesden Junction Station which provides direct services to Central London
Nearby occupiers include Tesco Metro, William Hill, Specsavers, Superdrug, Subway and Burger King, amongst others.

Property Description:
The property comprises two retail shops arranged over ground and lower ground floor.

The property provides the following accommodation and dimensions:
Ground Floor: Shop at No.4 148 sq m (1,593 sq ft)
Ground Floor: Shop at No.5 155 sq m (1,668 sq ft)
Total area size: 303 sq m (3,261 sq ft)

Tenancy:
The Ground Floor Shop at No.4 is at present let to Assets Mall Limited for a term of 7 years from 11th August 2020 at a current rent of £24,000 per annum and the lease contains full repairing and insuring covenants. Rent review in 2024. The Ground Floor Shop at No.5 is at present let to Sparks Commercial for a term of 11 years from 19 June 2012 at a current rent of £28,000 per annum and the lease contains full repairing and insuring covenants.

Location:
Harlesden is an up-and-coming residential area known for its multicultural vibe, with a buzzing dining scene encompassing Caribbean, Brazilian, and Lebanese cuisines. Its busy High Street offers take-out restaurants and international grocery stores, plus the cast-iron Jubilee Clock, a late-19th-century landmark. The property is located on the High Street within a 10 minute walk to Willesden Junction Station which provides direct services to Central London. Nearby occupiers include Tesco Metro, William Hill, Specsavers, Superdrug, Subway and Burger King, amongst others.

Brochures

4-5 Bank Buildings, High Street, London, NW10 4LT

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Willesden Junction Station0.3 miles
  • Harlesden Station0.4 miles
  • North Acton Station0.8 miles

About Blue Alpine, London

83c Ashley Gardens, Thirleby Road, London, SW1P 1HG

Blue Alpine is a leading advisory company that helps clients around the world turn property into a path for growth. We plan and deliver solutions that manage risk, optimise benefits, and expand the power of capital to protect and strengthen portfolios. Together, we unlock potential. At Blue Alpine, we believe a comprehensive understanding of a client’s financial goals are key to helping them fulfil their investment expectations. By employing a transparent and consultative approach we can asse

More properties from Blue Alpine, London

Notes

These notes are private, only you can see them.

Disclaimer - Property reference LondonBankBuildings. 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 Blue Alpine, London. 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.

Map data ©OpenStreetMap contributors.

Your search history

You have no recent searches.