Fixed price
£1,200,000
Business park for salePraed Street, London W2
4 baths
3 receptions
Freehold
About this property
Located in a prime Central London position near the junction with Bouverie Place, this mid-terrace freehold property sits opposite St Mary’s Hospital and just 300 yards from Paddington Station (Elizabeth Line, Bakerloo, Circle, District, Hammersmith & City), offering excellent transport links and high footfall. Nearby occupiers include Tesco Express, Greggs, Ryman, Hamptons, and various independent retailers.
Property Overview:
The building comprises a ground floor retail unit, basement office, and three self-contained studio flats on the upper floors:
Ground Floor Shop (approx. 13'7" x 11'3" x 12'3"): Let to Appdroid Tech Specialists on a 10-year lease from Oct 2015. Income: Approx. £30,000 p.a.
Basement Office (approx. 272 sq ft): Licensed to Digiware Ltd, with private bathroom. Potential income: £9,000 p.a.
Flats A, B & C: Self-contained studios (118–140 sq ft each) with en-suite shower/WC. Total residential income: £46,096.44 p.a. Investment
Highlights Total income: Approx. £85,096 p.a. Tenure: Freehold
High-yielding investment in a strong Zone 1 location An excellent opportunity for investors seeking stable income in a sought-after London location.
Available now, so do not hesitate to contact Rayan Investments to arrange a viewing!
Shop Floor
11' 3" x 13' 7" (3.43m x 4.14m)
Basement Office
16' 6" x 16' 6" (5.03m x 5.03m)
Studio Room 1
10' 8" x 10' 8" (3.25m x 3.25m)
Studio Room
10' 8" x 10' 8" (3.25m x 3.25m)
Studio Room 2
11' 9" x 11' 9" (3.58m x 3.58m)
Property Overview:
The building comprises a ground floor retail unit, basement office, and three self-contained studio flats on the upper floors:
Ground Floor Shop (approx. 13'7" x 11'3" x 12'3"): Let to Appdroid Tech Specialists on a 10-year lease from Oct 2015. Income: Approx. £30,000 p.a.
Basement Office (approx. 272 sq ft): Licensed to Digiware Ltd, with private bathroom. Potential income: £9,000 p.a.
Flats A, B & C: Self-contained studios (118–140 sq ft each) with en-suite shower/WC. Total residential income: £46,096.44 p.a. Investment
Highlights Total income: Approx. £85,096 p.a. Tenure: Freehold
High-yielding investment in a strong Zone 1 location An excellent opportunity for investors seeking stable income in a sought-after London location.
Available now, so do not hesitate to contact Rayan Investments to arrange a viewing!
Shop Floor
11' 3" x 13' 7" (3.43m x 4.14m)
Basement Office
16' 6" x 16' 6" (5.03m x 5.03m)
Studio Room 1
10' 8" x 10' 8" (3.25m x 3.25m)
Studio Room
10' 8" x 10' 8" (3.25m x 3.25m)
Studio Room 2
11' 9" x 11' 9" (3.58m x 3.58m)
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