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42-56 Hassop Rd 17,367 sq ft 100% Let Industrial Property London NW2 6RX £1,800,000 (£103.64/sq ft) 3.61% Net Initial Yield


Investment Highlights
- Located in North-West London, Zone 3, within the London Borough of Brent
- Redevelopment opportunity
- Flexible use opportunity
Executive Summary
A brick-built three storey light industrial building (Class E) arranged over basement (5,015 sq ft), ground (6,220 sq ft) and first floors (6,132 sq ft).The basement and ground floors are let until November 2030 at a current rent of £46,897 pa (£4.17 psf blended) rising to £83,465 pa (£7.43 psf blended) from November 2028 to November 2030. The first floor is let on a tenancy at will to a photographic studio at a highly reversionary rent of £18,000 pa (only £2.94 psf).
Property Facts
| Price | £1,800,000 | Costar Property Class | C |
| Price per sq ft | £103.64 | Total Plot Size | 0.27 ac |
| Sale Type | Investment | Net Internal Area (NIA) | 17,367 sq ft |
| Yield | 3.61% | No. Floors | 3 |
| Tenure | Freehold | Year Built | 1980 |
| Property Type | Industrial |
| Price | £1,800,000 |
| Price per sq ft | £103.64 |
| Sale Type | Investment |
| Yield | 3.61% |
| Tenure | Freehold |
| Property Type | Industrial |
| Costar Property Class | C |
| Total Plot Size | 0.27 ac |
| Net Internal Area (NIA) | 17,367 sq ft |
| No. Floors | 3 |
| Year Built | 1980 |
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42-56 Hassop Rd
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