COMMERCIAL
Flamsted Avenue, Wembley, HA9
£750,000
- PROPERTY TYPE
Commercial Property
- SIZE
Ask agent
Key features
- Ground-floor commercial accommodation: Approximately 1,186 sq. ft.
- Current commercial use: Dental laboratory
- Commercial premises: Vacant possession upon completion
- First floor: Self-contained two-bedroom flat
- Residential rental income: £1,350 PCM (£16,200 PA)
- Estimated commercial rental value: £18,000-£24,000 PA
- Combined potential gross rental income: £37,200 PA at the suggested commercial rent
- Current business rates: £1,000.09 per annum (as advised)
- Parking: Two car parking spaces
Description
The property comprises approximately 1,186 sq. ft. of ground-floor commercial accommodation, currently utilised as a dental laboratory, together with a self-contained two-bedroom flat on the first floor, which is currently let at £1,350 per calendar month (£16,200 per annum).
The ground-floor commercial premises will be sold with vacant possession, providing an incoming purchaser with the flexibility to establish their own business or generate additional rental income.
Ground Floor - Commercial Accommodation
The ground floor offers approximately 1,186 sq. ft. (110.19 sq. m.) of versatile accommodation, currently arranged as a dental laboratory.
The premises comprise multiple laboratory and work areas, a spacious kitchen/breakfast room, office accommodation, storage facilities and two separate WC facilities.
The flexible layout could lend itself to a variety of alternative commercial uses, subject to the necessary planning permissions and consents.
Based on an indicative rental assessment, the ground-floor premises could potentially achieve between £18,000 and £24,000 per annum, with a suggested marketing rent of £21,000 per annum.
First Floor - Residential Investment
The first floor comprises a self-contained two-bedroom flat, currently occupied under an existing tenancy agreement.
The flat generates a rental income of £1,350 per calendar month, equivalent to £16,200 per annum, providing an established income stream for an incoming purchaser.
The residential accommodation will be sold with the existing tenant in situ.
External Areas & Location
The property benefits from two car parking spaces, offering valuable off-street parking for occupiers, staff or visitors.
Situated within Wembley, the property enjoys access to local amenities, transport connections and the wider West London commercial network.
An excellent opportunity to acquire a mixed-use property offering immediate residential rental income, commercial flexibility and attractive long-term investment potential.
Contact Simple Estate Agents for further information or to arrange a viewing.
Please note: Commercial rental figures are estimates only and are not guaranteed. The combined potential income is calculated before business rates, maintenance, insurance, management costs, void periods and other expenses.
The ground-floor commercial premises will be sold with vacant possession, providing an incoming purchaser with the flexibility to establish their own business or generate additional rental income.
Ground Floor - Commercial Accommodation
The ground floor offers approximately 1,186 sq. ft. (110.19 sq. m.) of versatile accommodation, currently arranged as a dental laboratory.
The premises comprise multiple laboratory and work areas, a spacious kitchen/breakfast room, office accommodation, storage facilities and two separate WC facilities.
The flexible layout could lend itself to a variety of alternative commercial uses, subject to the necessary planning permissions and consents.
Based on an indicative rental assessment, the ground-floor premises could potentially achieve between £18,000 and £24,000 per annum, with a suggested marketing rent of £21,000 per annum.
First Floor - Residential Investment
The first floor comprises a self-contained two-bedroom flat, currently occupied under an existing tenancy agreement.
The flat generates a rental income of £1,350 per calendar month, equivalent to £16,200 per annum, providing an established income stream for an incoming purchaser.
The residential accommodation will be sold with the existing tenant in situ.
External Areas & Location
The property benefits from two car parking spaces, offering valuable off-street parking for occupiers, staff or visitors.
Situated within Wembley, the property enjoys access to local amenities, transport connections and the wider West London commercial network.
An excellent opportunity to acquire a mixed-use property offering immediate residential rental income, commercial flexibility and attractive long-term investment potential.
Contact Simple Estate Agents for further information or to arrange a viewing.
Please note: Commercial rental figures are estimates only and are not guaranteed. The combined potential income is calculated before business rates, maintenance, insurance, management costs, void periods and other expenses.
Flamsted Avenue, Wembley, HA9
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Stonebridge Park Station0.3 miles
- Wembley Stadium Station0.5 miles
- Wembley Central Station0.8 miles
Notes
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