For Sale by Auction on 23rd January 2025
A mid-terraced building of traditional construction beneath a pitched roof. The building comprises two retail units arranged over basement and ground floor with six flats above arranged over first, second and third floors. The flats are accessed via a separate entrance from High Street and have been sold off on a long lease.
Location
Harlesden is a north west London suburb lying approximately 6 miles north west of Central London. Willesden Junction railway station provides services to Central London and numerous bus routes serve the area. High Street is the principal shopping thoroughfare in the area with the property forming part of an established retail parade on the west side of the street. Notable nearby occupiers include Tesco, Poundstretcher, Superdrug, Specsavers and KFC.
Accommodation
4 Bank Buildings
Ground Floor Retail - 91.2 sq m (981 sq ft)
Basement Ancillary - 44.90 sq m (483 sq ft)
5 Bank Buildings
Ground Floor Retail - 95.50 sq m (1,028sq ft)
Basement Ancillary - 54.10 sq m (582sq ft)
Flat A - First Floor Flat
Flat B - First Floor Flat
Flat C - Second Floor Flat
Flat D - Second Floor Flat
Flat E - Third Floor Flat
Flat F - Third Floor Flat
Terms
Tenure - Freehold
Guide Price - £550,000
EPC:
4 Bank Buildings - Rating 51 band C
5 Bank Buildings - Rating 43 Band B
Specification
- Freehold retail and residential ground rent investment
- Ground rent secured against six flats
- Two retail units
- Established retail parade
- Producing £53,800 per annum
- On the instructions of the Fixed Charge Receiver