Features
- 2 Self Contained Flats
- Business Not Affected
- Close to Local Amenities
- Close to Town Centre
- Freehold Investment
- £55,000 Annual Income
- FRI Lease
Occupying a prime position on High Road, Wembley is this substantial freehold investment. The property comprises commercial premises as well as 2 self-contained 1 bed flats. The shop on the ground and lower ground floors is rented on an FRI lease with 10 years remaining and is currently let at £35,000 per annum. The 2 flats are let on an AST and generate a total annual income of £20,400, with the potential to increase subject to internal improvement. The total income is £55,400, providing a gross annual yield of just under 6%.
Tenure: Freehold
Reference: CS0012