Craven Park Road, London
- PROPERTY TYPE
Shop
- SIZE
Ask agent
Key features
- Investment Opportunity 10% Return
- Uses: E & F1 Class Shop & Mosque
- £83,000 Per Annum
- Great Location and Public Transport
Description
Location:
The property is situated in the North West London area of Harlesden, a densely populated suburb surrounded by local shops and amenities on High Street and Askew Road.
Property:
A semi-detached freehold building, built circa 1930, comprising:
* Ground floor retail unit to the front, currently trading as a Brazilian butcher, grocer, 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 a pitched roof, currently used as a mosque.
Leases & Income:
* Shop: 8-year internal repair and insuring lease from 30/01/2023, with 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 a long lease, 999 years from 2003, with a peppercorn ground rent.
TOTAL: net income £83,000 per annum, offering a yield in excess of 10%.
Tenure: Freehold
Brochures
BrochureEnergy Performance Certificates
EPCCraven Park Road, London
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Harlesden Station0.4 miles
- Willesden Junction Station0.5 miles
- North Acton Station1.0 miles
About the agent
Citydeal Estates offer a complete property service incorporating lettings, sales, property management and commercial services. We are West London’s Property Specialist.
Our aim is to offer an unparalleled service by continually exceeding customer expectations. We represent our company through enthusiasm, congeniality and thorough knowledge of the local area, derived by both working and living in the locality of West London.
Why choose us: We strive to offer a supportive, personal
Industry affiliations
![Ombudsman for Estate Agents and Lettings Estate Agents](https://media.rightmove.co.uk/dir/customer/industry-affiliation/ombudsman-for-combined-estate-agent_max_135x100.png)
![National Association of Estate Agents](https://media.rightmove.co.uk/dir/customer/industry-affiliation/national-association-of-estate-agents_max_135x100.png)
![Association of Residential Letting Agents](https://media.rightmove.co.uk/dir/customer/industry-affiliation/association-of-residential-lettings-agent_max_135x100.png)
Notes
Disclaimer - Property reference CS0143. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Citydeal Estates, London. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Map data ©OpenStreetMap contributors.