379 High Road, Wembley, London, HA9 6AA

Rental per year £21,000 , 0 bedrooms, Type unknown,

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Description Analysis Map Street view

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Nearest Station:

Wembley Central Rail (0.3 km)

Wembley Central Underground (0.3 km)

Wembley Stadium Rail (0.5 km)

Features:

Busy high street
High street brand location
High footfall location
CCTV system in operation
3 Bedroom Flat Above
Annual income of £15,600
Rear parking
Close to the Wembley Central station

Agent’s wording:A3/A5 license unit on popular and very busy High Street & 3 bedroom flat above! - TO LET / LEASE ASSIGNMENT

Key Features
Busy high street
High street brand location
High footfall location
CCTV system in operation
3 bedroom flat above
Annual income of £15,600
Rear parking
Close to the Wembley Central station

Description
This is a very rare and unique opportunity to acquire this A3/ A5 usage ground floor unit with 3 bedroom flat above on the very popular high street in Wembley. The unit consists of the eating area, toilet, kitchen and storage space and parking at the rear. The weekly income is between £3,500 to £4,000. The unit is positioned in heart of the High Road and benefits from a very high footfall amongst many established retail operators that include Paddy Power, Moneyshop, Argos and many others. With such a good location and so many established household brands already trading, it is no surprise that the retails space on this high street is so rare.

The opportunity is exceptionally exciting as the upper 3 bedroom flat generates an income of £15,600pa. The flat consists of 3 bedrooms, reception room, storage space and 1 parking behind. It is currently tenanted and generates income of £1,300 per month.

Wembley has undergone huge regeneration recently. Not only does it house the newly refurbished Wembley Stadium but it is also home to Wembley Arena and Arena Square which features Europe’s largest interactive fountain, music and lighting display. The High Street also conveniently connects to the A404 and the A406 which connects you to North London, South London, M4 and Heathrow Airport.

Accommodation
Restaurant:
Width/Frontage: 16” approx
Depth: 28 “approx
Restaurant size: 450sqft approx

Kitchen:
Width/Frontage: 26” approx
Depth: 16 “approx
Kitchen size: 416sqft approx

Total accommodation size: 870sqft approx

Tenure
Leasehold/Lease Assignment – £21,000 per annum
Our client wishes to assign the 20 years lease which has 19 years remaining.

Premium - our client is seeking a premium of £95,000 for the benefit of good will and the benefit of investment opportunity.

Rates
We have been advised by the client that the current rates payable are £4,300 per annum. The council tax for the property is £1,200 per annum.

Viewings
By Prior Appointment through agents Ranson UK LTD.
Tel: 0207 538 4057
Email: enquiries@ranson.co.uk

Marketed by:

RansonE14 9XJ

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379 High Road, Wembley, London, HA9 6AA

Contact: Ranson