133 Wembley Park Drive HA9 8HQ

Type: Investment
Status: Available
FROM: 1923 SQFT


Contact

To arrange a viewing, please contact:
George Moriarty
020 8429 9003
george@davidcharles.co.uk

Description

Freehold Investment with scope to add additional floor stpp. The property is located in prominent position on Wembley Triangle and a short walk from Wembley Park Underground Station. The property comprises a mid- terraced freehold shop and upper parts. The ground floor comprises of a fully operational restaurant that totals 1,923 ft.² which has been let out recently for a term of 15 years. The upper parts comprise of a three bedroom flat which has its own self-dedicated access via a staircase from the front of the property. The upper parts may be able to be reconfigured to provide additional accommodation subject to planning.

LOCATION

The property is located in prominent position on Wembley Triangle and a short walk from Wembley Park Underground Station. Wembley has undergone significant regeneration in the last few years and there are a number of new retail, leisure and residential schemes being developed in close proximity to the site.

PRICE

£875,000.00 subject to contract.

TENANCIES

The ground floor has recently been let for a term of 15 years at the following rents:

 

Year 1 – £28,000.00 per annum exclusive.

Year 2 – £28,000.00 per annum exclusive

Year 2 – £29,000.00 per annum exclusive.

Year 3 – £29,000.00 per annum exclusive

Year 5 – £30,000.00 per annum exclusive.

 

The residential upper parts will be sold with vacant possession.

VIEWINGS

Strictly by appointment only through sole agents:-

George Moriarty



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