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Walm Lane, London, NW2

Guide Price
£2,600,000

£632.91 per sq ft

Business rates & charges may apply

Dexters Development & Investment, North London
SIZE AVAILABLE

4,108 sq ft

382 sq m

SECTOR

8 bedroom mixed use property for sale

Key features

  • Fully let investment property
  • Annual income in excess of £130,000
  • Potential to increase income
  • Two commercial units
  • Three flats
  • Moments from Willesden Green station

Description

A prominent corner building comprising two commercial premises and three flats generating in excess of £130,000 per annum in rental income in a prime location.

The commercial tenant is currently paying £45,000 per annum for the pair of shops and the upper parts of the building are arranged as follows:

1st floor 3 bedroom flat held on an AST producing £33,000 per annum.
2nd Floor 4 bedroom flat held on an AST producing £46,200 per annum.
A split level flat on the top floor held on a regulated tenancy producing £7560 per annum.

The commercial tenancy is currently in the process of a rent review and the annual income is due to increase.

Walm Lane is a bustling high road and this particularly well located property occupies a prominent corner position just moments from Willesden Green station (Bakerloo Line, Lioness Line, Mildmay Line) and a Sainsburys Local store.

Tenure - Freehold HM Land Registry Title Number NGL553751

Energy Performance Certificates

EPC - CommercialEPC - Flat 84aEPC - Flat 84bEPC - Flat 86a

Brochures

Walm Lane, London, NW2

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Willesden Green Station0.1 miles
  • Kilburn Station0.7 miles
  • Brondesbury Park Station0.7 miles

About Dexters Development & Investment, North London

Dexters Maida Vale, 298 Elgin Avenue, London, W9 1JS

Our dedicated team of specialists have a well-established track record of achieving clients more than the market value for land, development and investment projects across the capital. Members of RICS, our qualified chartered surveyors uphold their reputation for integrity and professionalism.

Notes

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Disclaimer - Property reference 84WalmLane. 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 Dexters Development & Investment, North 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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