From
£975,000
Property for salePraed Street, London W2
Auction
About this property
To be offered on Wednesday 25 February
Prominent Freehold Mixed Use Investment
Well situated within an established trading location
Well positioned close to Paddington Station
VAT is not applicable
Investment let at £91,652 p.a. (9.4% giy on Guide Price)
Strapline
Auction Sale - 24/02/2026 - To book viewings, view the legal pack and register to bid please refer to the full sales particulars on the Savills Auctions website. -
A mid-terrace building comprising a Ground Floor Shop with separate front access to a Basement Office and 3 Self-Contained Flats on the first, second and third floors. Investment fully let and producing £91,652 p.a.
Description
A mid-terrace building comprising a Ground Floor Shop with separate front access to a Basement Office and 3 Self-Contained Flats on the first, second and third floors. Investment fully let and producing £91,172 p.a.
Location
The property is located opposite St Mary’s Hospital and approx. 300 yards from London Paddington Mainline Rail and Underground Station (Elizabeth Line, Bakerloo, Circle, District, Hammersmith & City).close to the junction with Bouverie Place in this well-known Central London location nearby multiples such as H&T Pawnbrokers, Ryman, Tesco Express, Hamptons, Greggs and a variety of independent traders,
Transport
London Paddington Mainline Rail and Underground Station (Elizabeth Line, Bakerloo, Circle, District, Hammersmith & City) Located approximately 300 yards from the property
Tenancy
Ground floor shop - Let to 79 Praed Street Limited t/a Appdroid Tech Specialists (mobile phone repairs / accessories) - £30,500 p.a.
Basement office - tfb Money UK Ltd - £12,000 p.a.
Flat A First Floor - AST holding over - £1,350 pcm
Flat B Second Floor - AST holding over - £1,310 pcm
Flat C Third Floor - AST holding over - £1,436 pcm
Accommodation
Ground Floor - (119 sq ft)
First Floor - Flat A - Studio room, Shower room/wc (118 sq ft)
Second Floor - Flat B - Studio room, Shower room/wc (118 sq ft)
Third Floor - Flat C - Studio room, Shower room/wc (140 sq ft)
Basement - (272 sq ft)
Total - 767 sq ft
Auction Sale - 24/02/2026 - To book viewings, view the legal pack and register to bid please refer to the full sales particulars on the Savills Auctions website. -
A mid-terrace building comprising a Ground Floor Shop with separate front access to a Basement Office and 3 Self-Contained Flats on the first, second and third floors. Investment fully let and producing £91,652 p.a.
Description
A mid-terrace building comprising a Ground Floor Shop with separate front access to a Basement Office and 3 Self-Contained Flats on the first, second and third floors. Investment fully let and producing £91,172 p.a.
Location
The property is located opposite St Mary’s Hospital and approx. 300 yards from London Paddington Mainline Rail and Underground Station (Elizabeth Line, Bakerloo, Circle, District, Hammersmith & City).close to the junction with Bouverie Place in this well-known Central London location nearby multiples such as H&T Pawnbrokers, Ryman, Tesco Express, Hamptons, Greggs and a variety of independent traders,
Transport
London Paddington Mainline Rail and Underground Station (Elizabeth Line, Bakerloo, Circle, District, Hammersmith & City) Located approximately 300 yards from the property
Tenancy
Ground floor shop - Let to 79 Praed Street Limited t/a Appdroid Tech Specialists (mobile phone repairs / accessories) - £30,500 p.a.
Basement office - tfb Money UK Ltd - £12,000 p.a.
Flat A First Floor - AST holding over - £1,350 pcm
Flat B Second Floor - AST holding over - £1,310 pcm
Flat C Third Floor - AST holding over - £1,436 pcm
Accommodation
Ground Floor - (119 sq ft)
First Floor - Flat A - Studio room, Shower room/wc (118 sq ft)
Second Floor - Flat B - Studio room, Shower room/wc (118 sq ft)
Third Floor - Flat C - Studio room, Shower room/wc (140 sq ft)
Basement - (272 sq ft)
Total - 767 sq ft
Mortgage calculator
Monthly repayment
£4,877 per month
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