Overview

Investment / development opportunity For Sale

Shop / restaurant (Use class E) fronting the High Street with Place of worship to the rear (use F1)

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  Location
  The property is situated in the North West London area of Harlesden a densely populated suburb surrounded by the local shops and amenities of High Street and Askew Road.

  Description
  Investment / Development opportunity
  
  Semi detached freehold building built in circa 1930 comprises
  Ground floor retail unit to the front currently trading as a Brazilian butchers, grocers and coffee shop with a flat above that has been sold off on a long lease.
  Ground floor rectangular single storey building to the rear with pitched roof currently used as a Mosque.

  Leases & Income
  Shop: 8 year internal repair and insuring lease from 30/01/2023, 4 yearly reviews - Passing rent £28,000 p.a
  
  Mosque: 7 Year lease from 27/12/2019 - Passing rent £55,000 p.a
  
  Upper floors residential: Sold on long lease 999 years from 2003 - Peppercorn ground rent.
  
  Total Rent: £83,000 p.a

  Viewings
  Contact sole agents
  Christopher St James 020 8545 0591

  Data Room
  Further information available in the data room on our website
  Password: craven60