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COMMERCIAL

The Broadway, London, NW7

£1,200,000
Joseph Scott, Edgware
PROPERTY TYPE

Restaurant

BEDROOMS

3

BATHROOMS

2

SIZE

764 sq ft

71 sq m

Description

WHOLE FREEHOLD FOR SALE – PRIME MILL HILL BROADWAY LOCATION

Rare Freehold Investment Opportunity | Mixed-Use Property | £65,600 Current Annual Income

An excellent opportunity to acquire the whole freehold of a prominent mixed-use property, ideally located on Mill Hill Broadway, close to a wide range of local amenities, shops, restaurants and excellent transport links.

The property comprises a ground-floor restaurant currently held on lease, together with two self-contained two-bedroom flats, providing an attractive combination of residential and commercial income.

Current Rental Income
  • Flat 1 – Two Bedroom: £16,800 per annum

  • Flat 2 – Two Bedroom: £16,800 per annum

  • Restaurant / Commercial Premises: £32,000 per annum

Total Current Passing Rent: £65,600 per annum

The property offers an appealing investment opportunity with three established income streams and the potential for future rental growth and/or capital appreciation, subject to the relevant leases, planning and consents.

Location

Situated on Mill Hill Broadway, the property benefits from a highly convenient location with excellent access to local amenities and transport connections. Mill Hill Broadway is a popular North London destination, offering a wide selection of shops, cafés, restaurants and everyday services, with transport links providing easy access to surrounding areas and Central London.

Investment Highlights
  • Whole Freehold for Sale

  • Mixed-use investment

  • Two x Two-Bedroom Flats

  • Established restaurant/commercial tenant

  • Current passing rent of £65,600 per annum

  • Three separate income streams

  • Prime Mill Hill Broadway location

  • Close to excellent transport links and local amenities

  • Potential for future rental and capital growth

An attractive opportunity for investors seeking a well-located freehold asset with a strong existing rental income.

Further details, lease information and tenancy documentation are available upon request.

The Broadway, London, NW7

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Mill Hill Broadway Station0.2 miles
  • Burnt Oak Station1.2 miles
  • Edgware Station1.2 miles
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About Joseph Scott, Edgware

172/174 Deans Lane, Edgware, HA8 9NT
Industry affiliations:

Joseph Scott Estate Agents are proud to be different. In fact, it is our different and visionary views that have enabled us to attract and retain our ever-growing client base.

Notes

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Disclaimer - Property reference 520763f3-e6ee-43cd-82dc-4d64f712e459. 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 Joseph Scott, Edgware. 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.