Rear of 5 Court Parade, Wembley, Middlesex, HA0

Fixed price

£210,000

Size

0.02149

Tenure

Leasehold

EPC

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Parking

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Primary use
Land

No floor / site plan

Description

Investment Consideration:
Gross Initial Yield: 6.00%
Rental Income: £12,600 p.a.
VAT is NOT applicable to this property
Comprises open storage yard, currently used as a private car parking
Future development potential for erection of residential dwelling/s or warehouse/light industrial unit, subject to obtaining the necessary consents
Located within 0.6 miles from Sudbury Hill and North Wembley Tube/Train Stations
Occupiers nearby include pharmacy, estate agents, takeaways, off-license shop and more.

Property Description:
Comprises open storage yard currently used as a private car parking. The property is accessed directly from Wakeling Lane and provides future development potential for erection of residential dwelling/s or warehouse/light industrial unit, subject to planning.
Total area size: 87 sq m (936 sq ft)

Tenancy:
The property is at present let to M One Motors Ltd (with personal guarantee) for a term of 5 Years from 25th December 2023 at a current rent of £12,600 p.a. and the lease contains full repairing and insuring covenants. Deposit held of £1,000.

Location:
Unlike typical British high streets Wembley does not have a town centre network or pedestrianised high streets, with almost all commercial high street businesses along a 1000-yard stretch of road (High Road). Wembley lies very close to the A406 North Circular Road, with easy access to M1 and M25. The property is located within 0.6 miles from Sudbury Hill and North Wembley Tube/Train Stations. Occupiers nearby include pharmacy, estate agents, restaurant/ takeaways and off-license shop, amongst others.
Additional information
Service charge
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Business rates
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Use class
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Listed building
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Floors in building
1
Leasehold: 999 years left
Tenure
Leasehold
Length of lease
999 years left
Energy performance certificate: Ask agent

An Energy Performance certificate helps you understand the current energy efficiency of a property.

Read more about EPC requirements

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Environmental data
BREEAM rating
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Environmental description
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Read more about energy considerations for commercial property

Brochure

Rear of 5 Court Parade, Wembley, Middlesex, HA0

NEAREST STATIONS

National Rail

Sudbury & Harrow Road Station

0.57 miles

London Underground
London Overground

North Wembley Station

0.64 miles

London Overground

South Kenton Station

0.72 miles

About BLUE ALPINE PARTNERS LIMITED, London

BLUE ALPINE PARTNERS LIMITED, London

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 rearof5. 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 PARTNERS LIMITED, 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.