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153 High Road, London, NW10

Key features

  • Comprises 3 residential flats and 1 retail shop, which have been sold of on long leaseholds
  • Reversionary opportunity. All 3 flats have been sold on 99 Year leases until 2070.

Description

Investment Consideration
Rental Income: £180 p.a.
VAT is NOT applicable to this property
Comprises 3 residential flats and 1 retail shop, which have been sold of on long leaseholds
Reversionary opportunity. All 3 flats have been sold on 99 Year leases until 2070.
Situated within 10 min walk from Willesden Green Underground station, with occupiers nearby include restaurants, pharmacy, café`s, beauty salon, convenience store and more.

Property Description:
Comprises corner ground floor shop with ancillary accommodation at basement (sold-off). The property includes 3 residential flats above, which have been sold-off on long leaseholds until 2070, providing the following accommodation and dimensions:
Ground Floor: Retail Shop
First Floor Flat 1: 65 sq m (700 sq ft)
Second Floor Flat 2: 59 sq m (635 sq ft)
Third Floor Flat 3: 59 sq m (635 sq ft)

Tenancy:
The retail shop has been sold-off on long leasehold for a term of 999 years from 2025 at a ground rent of peppercorn.
Flats 1,2,3 have been sold-off on long leaseholds for a term of 99 Years from 29th September 1970 at a total ground rent of £180 p.a. (£60 each)
Fixed increase to £90 p.a. each in September 2037 until the remainder of the term. Reversion 2070.

Location:
Willesden is a densely populated suburb located some 5 miles north-west of Central London. The area enjoys good communications, being adjacent to the North Circular (A406) and having underground services at Dollis Hill and Willesden Green (Jubilee Line). The property is situated on the junction of High Road and Gowan Road. Willesden Green underground station is approximately 0.5 miles to the east of the property. Retail occupiers nearby include restaurants, pharmacy, café`s, beauty salon, convenience store and more.

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153 High Road, London, NW10

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About Blue Alpine, London

54 Welbeck Street, London W1G 9XS

Blue Alpine is a UK-wide property consultancy based in central London, focusing on commercial property, developments and residential blocks. Our services include disposals, acquisitions, lettings, auction advice, planning and architecture, dilapidations, and surrenders of leases.

Blue Alpine plans and delivers solutions that manage risk, optimise benefits, and expand the power of capital to protect and strengthen portfolios. By employing a transparent and consultative approach, we can assess and manage your current portfolio to devise a forward-looking investment plan and, if necessary, an exit strategy.

We are dedicated to disrupting the commercial property industry by delivering exceptional solutions that prioritise honesty, transparency, integrity, and providing an unparalleled client experience. Our team consists of knowledgeable professionals with a strong background in commercial property, enabling us to help clients around the world turn property into a path for growth.

Together, we unlock potential.

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Disclaimer - Property reference 153highroaduppers. 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.

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