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COMMERCIAL

High Road, Wembley, HA0

From
£1,700,000
Ellis & Co, Wembley
PROPERTY TYPE

Commercial Property

SIZE

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Key features

  • MIXED-USE FREEHOLD INVESTMENT
  • PROMINENT HIGH ROAD LOCATION
  • HSBC COMMERCIAL TENANT
  • TWO RESIDENTIAL FLATS INCLUDED
  • ADDITIONAL GROUND RENT INCOME
  • TOTAL CURRENT ANNUAL INCOME £120,550

Description

Ellis & Co are pleased to offer for sale this substantial mixed-use freehold investment opportunity situated in a prominent position on High Road, Wembley.

The investment comprises a ground-floor commercial premises currently let to HSBC, together with two residential apartments within the development and the freehold interest of the building, providing additional ground rent income from the remaining leasehold apartments.

The commercial element currently produces £75,000 per annum, with the two residential apartments generating a combined rental income of approximately £43,800 per annum (£1,850 pcm and £1,800 pcm respectively).

In addition, the freehold benefits from ground rent income of approximately £1,750 per annum from the seven separately owned apartments.

This provides a total current gross income of approximately £120,550

High Road, Wembley, HA0

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Wembley Central Station0.1 miles
  • Wembley Stadium Station0.6 miles
  • Sudbury Town Station0.7 miles
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About Ellis & Co, Wembley

4 Ealing Road, Wembley, HA0 4TL
Industry affiliations:

Ellis & Co. are proud of their 150-year history since opening their first office in Swiss Cottage, North-West London, in 1850. The company has grown from that solid foundation and over the years has built up an enviable and deserved reputation for experience and service.

Having expanded selectively, the group now covers areas stretching from Hampstead Garden Suburb out to Stanmore, across to Harrow, Wembley, Greenford and down to Kent.

Notes

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Disclaimer - Property reference GRE260800. 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 Ellis & Co, Wembley. 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.