Guide price
£375,000
(£267.48/sq. ft)
Property for saleCourt Parade, Wembley HA0
1,402 sq. ft
Freehold
About this property
Freehold
Income producing
Flats sold on long leases (90-years)
Parking to rear
This is a freehold mixed-use property arranged as a ground floor commercial unit with residential accommodation above, forming part of the Court Parade terrace on Watford Road in North Wembley.
The ground floor is let to Kip McGrath Education Centres, operating as a tuition centre, at a rent of £23,500 per annum on a 9-year lease.
The upper parts comprise two self-contained one-bedroom flats. Both flats have been sold on long leases of 125 years from 1990 and each produces £50 per annum ground rent.
To the rear of the property there is parking for two cars, accessed via the rear service area serving the parade.
Court Parade is a neighbourhood retail parade located on Watford Road (A404) at its junction with East Lane. The parade provides a range of local shops and services at ground floor level with residential accommodation above.
The property is located approximately 1 mile from North Wembley Station, which provides Bakerloo Line Underground and London Overground services. Wembley town centre and Wembley Stadium are located approximately 2 miles to the east, with Harrow town centre approximately 2 miles to the west.
The surrounding area is mainly residential and consists largely of housing, with local shopping parades and community facilities nearby.
The ground floor is let to Kip McGrath Education Centres, operating as a tuition centre, at a rent of £23,500 per annum on a 9-year lease.
The upper parts comprise two self-contained one-bedroom flats. Both flats have been sold on long leases of 125 years from 1990 and each produces £50 per annum ground rent.
To the rear of the property there is parking for two cars, accessed via the rear service area serving the parade.
Court Parade is a neighbourhood retail parade located on Watford Road (A404) at its junction with East Lane. The parade provides a range of local shops and services at ground floor level with residential accommodation above.
The property is located approximately 1 mile from North Wembley Station, which provides Bakerloo Line Underground and London Overground services. Wembley town centre and Wembley Stadium are located approximately 2 miles to the east, with Harrow town centre approximately 2 miles to the west.
The surrounding area is mainly residential and consists largely of housing, with local shopping parades and community facilities nearby.
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Monthly repayment
£1,875 per month
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