3 Sunnyside Terrace, Colindale, London, NW9
Business rates & charges may apply
- SIZE
Ask agent
- SECTOR
Mixed use property for sale
- USE CLASSUse class orders: C3 Dwelling Houses and Class E
C3, E
Key features
- Unmodernised
- Value Add Potential
- Significant Reversionary Potential
- 2 Apartments
- Class E Commercial
Description
* Opportunity to acquire an unmodernised income producing shop & uppers comprising 2 apartments with significant asset management and refurbishment potential.
LOCATION
* The property is located towards the of top of Edgware Road and is approximately a 9-minute walk to Colindale underground station which offers northern line services into King's Cross St Pancras in roughly 22 minutes.
DESCRIPTION
* The property is arranged across three storeys comprising a ground floor (Class E) unit currently operating as a restaurant and two apartments on the upper floors.
* The commercial unit extends to approximately 1,319 SqFt (NIA).
* The commercial unit expired in February 2025 'Koez' and was generating £28,800 per annum.
* The two apartments (1 x Studio & 1 x 2 Bed) extend to approximately 1,054 SqFt (NIA).
* The residential units are currently let on ASTs generating £26,200 per annum.
* The 2-bedroom flat is accessed directly from the main road, while the self-contained studio is accessed via the rear entrance.
* Neighbouring property owners have expressed interest in a potential collective disposal, indicating possible suitability for site assembly.
TERMS
* The property is not elect for VAT.
* The property is available freehold.
* Offers in excess of £850,000
Energy Performance Certificates
EPC 1EPC 23 Sunnyside Terrace, Colindale, London, NW9
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Colindale Station0.4 miles
- Burnt Oak Station0.8 miles
- Kingsbury Station1.1 miles
Notes
Disclaimer - Property reference SunnysideT. 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 Di Properties Ltd, 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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