Commercial Property Details

Praed Street, London

Commercial

For Sale

£1,699,999

Investment / Development
We are delighted to offer excellent investment opportunity located in heart of Paddington provides easy access to all parts of Central London comprising of a ground floor shop and three bedroom apartment build over three floors which is potential to convert it into three separate flats .
This freehold property is ideal for all type of investors by generating £75,000 income per annum and gross yield of 5%.
It is potential for capital appreciation due to locating in prime location and development capability of residential units above.
Gross internal area is 1,595 Sq.Ft. (148 Sq.M) and this site is potential for £1,100 per Sq.Ft based on current situation of market.

For further information please contact our office.

Property description

Investment / Development
We are delighted to offer excellent investment opportunity located in heart of Paddington provides easy access to all parts of Central London comprising of a ground floor shop and three bedroom apartment build over three floors which is potential to convert it into three separate flats .
This freehold property is ideal for all type of investors by generating £75,000 income per annum and gross yield of 5%.
It is potential for capital appreciation due to locating in prime location and development capability of residential units above.
Gross internal area is 1,595 Sq.Ft. (148 Sq.M) and this site is potential for £1,100 per Sq.Ft based on current situation of market.

For further information please contact our office.

Development opportunity to convert to 3 flats
Freehold
High yield Investment
Excellent transport link
Shops and amenities nearby
On-road Parking
Income £60,000 per annum
Minutes away from Paddington Basin


Additional Details

Property ID: 4917009 Property Views: 351 Property Type: Commercial Price: £1,699,999
Bedrooms: 0 Bathrooms: 0 Receptions: 0 Other Rooms: 0
Garages: 0 Parking Spaces: 0 Gardens: 0

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