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12 Norbreck Para 1,398 sq ft Retail Property London NW10 7HR For Sale
Investment Highlights
- Great corner location.
- Established and well-respected covenant in the custom motorcycle scene.
- Large glazed frontage.
Executive Summary
Freehold vacant or freehold sale and leaseback price available on application.
A prominently positioned, three storey mixed use building comprising a retail unit with excellent frontage with rear workshops, and a self-contained three-bedroom split level maisonette above which currently being converted to a four-bedroom HMO which will conform to current HMO regulations with the Council’s consent, as part of the sale. The upper residential accommodation also includes a private roof terrace and a garage, which are both unique features in this location. This mixed-use opportunity offers a flexible lease with immediate income, value add potential to enhance the capital value, thus is suitable for both investors and owner-occupiers alike.
Freehold vacant or freehold sale and leaseback price available on application.
Potential Rental Income £75,000 per annum representing a potential gross yield of 8.43%.
A prominently positioned, three storey mixed use building comprising a retail unit with excellent frontage with rear workshops, and a self-contained three-bedroom split level maisonette above which currently being converted to a four-bedroom HMO which will conform to current HMO regulations with the Council’s consent, as part of the sale. The upper residential accommodation also includes a private roof terrace and a garage, which are both unique features in this location. This mixed-use opportunity offers a flexible lease with immediate income, value add potential to enhance the capital value, thus is suitable for both investors and owner-occupiers alike.
Freehold vacant or freehold sale and leaseback price available on application.
Potential Rental Income £75,000 per annum representing a potential gross yield of 8.43%.
Property Facts
Sale Type
Investment or Owner Occupier
Property Type
Retail
Tenure
Freehold/Long Leasehold
Property Subtype
Shopfront Retail / Residential
Property Size
1,398 sq ft
Costar Property Class
B
Year Built
1950
Tenancy
Single
Number of Floors
2
Plot ratio
0.67
Total Plot Size
0.05 ac
Frontage
24 ft on Norbreck Parade
Amenities
- 24 Hour Access
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Nearby Major Retailers
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12 Norbreck Para
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