2 Bedrooms for sale in Burnt Oak Broadway, Burnt Oak, Middlesex HA8 | £ 895,000
Overview
| Price: | £ 895,000 |
|---|---|
| Contract type: | For Sale |
| Type: | |
| County: | London |
| Town: | Edgware |
| Postcode: | HA8 |
| Address: | Burnt Oak Broadway, Burnt Oak, Middlesex HA8 |
| Bathrooms: | 0 |
| Bedrooms: | 2 |
Property Description
Freehold investment opportunity with potential for development stpp. The building consists of a large retails premises (A1 use) with a rear yard and a 2 bedroom flat above.
Located on a busy high street position Burnt Oak Broadway with parking facilities, many passer-by, great transport links, bus stop just a few steps away with several buys routes and less than 5 minutes walk to Burnt Oak Station.
The retails premises consists of spacious corner shop with A1 License, the eternal floor area totals to (1872 sq ft) and the rear yard (420 sq ft), 3 entrance’s one from the main road Burnt Oak Broadway (A5) and 2 entrances from the side road, office room and WC. The premises is in very good condition also due to the great busy high street location it is suitable for variety of business, subject to license application if outside the A1 use. Also great potential for sub-letting as t already has 3 eternalness and can easily be separated to 2 or 3 sections.
The retails premises has been achieving a rent of £32,000 per annum from the previous tenants, currently vacant and is available to rent on a new lease at £35,000 per annum.
The flat above consists of a lounge, 2 bedroom double bedrooms, separate kitchen, bathroom and a small patio area outside currently rented on an ast and is generating a rental income of £18,600 per annum.
- freehold investment
- retail unit vacant position - development opportunity stpp
- retail unit vacant position - development opportunity stpp
- fantastic location
Property Location
Property Marketed by Paragon Estate Agents
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