Commercial Property Details

Harrow Road, Maida Vale, Westminster, London

Commercial

For Sale

£7,000,000

New opportunity has arisen for this newly refurbished and extended mixed-use building.This large property is arranged over basement, ground, first and second floors. The ground and lower ground floor are let as newly refurbished offices with B1 consent with communal kitchen and cloakroom facilities, including 2 shops.
The upper floors arranged as 9 luxury residential apartments serviced by a lift consisting of two x 3 bedroom apartments, three x 2 bedroom apartments, two x 1 bedroom apartments and 2 studio flats.
There is great opportunity to vastly improve the income as the current rent achieved can be maximised further.

Property description

New opportunity has arisen for this newly refurbished and extended mixed-use building.This large property is arranged over basement, ground, first and second floors. The ground and lower ground floor are let as newly refurbished offices with B1 consent with communal kitchen and cloakroom facilities, including 2 shops.
The upper floors arranged as 9 luxury residential apartments serviced by a lift consisting of two x 3 bedroom apartments, three x 2 bedroom apartments, two x 1 bedroom apartments and 2 studio flats.
There is great opportunity to vastly improve the income as the current rent achieved can be maximised further.

Mixed use building
Commercial offices + 2 shops
Guaranteed rent on 9 luxury apartments
Above 5% yield
Further income uplift opportunity
Freehold Opportunity

The ground floor and lower ground floor, with B1 consent, provides office space currently divided into multiple individual lock up offices with communal kitchen and cloakroom facilities. Though well refurbished


Additional Details

Property ID: 4629581 Property Views: 176 Property Type: Commercial Price: £7,000,000
Bedrooms: 0 Bathrooms: 0 Receptions: 0 Other Rooms: 0
Garages: 0 Parking Spaces: 0 Gardens: 0