Westbury Avenue, London

An attractive freehold mixed-use investment at 40 Westbury Avenue, London N22. Comprising a café and two residential flats, producing diversified income with clear scope for rental uplift.

Ground Floor (Café & 1-Bed Flat)

The ground floor café is let on a 10-year lease from June 2017 at £16,600 p.a., expiring June 2027. The lease also includes a 1-bedroom flat (ERV approx. £15,600 p.a.) with the rent collected by the tenant. A rent review is expected to achieve c. £21,000 p.a.. The leaseholder is actively marketing their business for sale.

First Floor (2-Bed Flat)
The first floor consists of a 2-bedroom flat, currently let at £16,800 per annum.

Potential Income c. £57,000 p.a.
•Ground floor café rent: £21,000 p.a.
•Ground floor flat rent: £15,600 p.a.
•First floor flat rent: £20,400 p.a.
Total current income: £33,400 p.a.

The property is ideally located in a vibrant area of North London, benefiting from strong footfall, excellent transport links, and strong demand for commercial and residential lettings. This makes it a highly attractive investment offering both secure income and future growth potential.
Guide Price: £800,000 (Freehold)