£950,000
High Road, Wembley
Recently Sold
     

    Features

    • 2 Self Contained Flats
    • Business Not Affected
    • Close to Local Amenities
    • Close to Town Centre
    • Freehold Investment
    • £55,000 Annual Income
    • FRI Lease
    Occupying a prime position on High Road, Wembley is this substantial freehold investment. The property comprises commercial premises as well as 2 self-contained 1 bed flats. The shop on the ground and lower ground floors is rented on an FRI lease with 10 years remaining and is currently let at £35,000 per annum. The 2 flats are let on an AST and generate a total annual income of £20,400, with the potential to increase subject to internal improvement. The total income is £55,400, providing a gross annual yield of just under 6%.


    Tenure: Freehold
    Reference: CS0012

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