- MIXED-USE FREEHOLD INVESTMENT
- PROMINENT HIGH ROAD LOCATION
- HSBC COMMERCIAL TENANT
- TWO RESIDENTIAL FLATS INCLUDED
- ADDITIONAL GROUND RENT INCOME
- TOTAL CURRENT ANNUAL INCOME £120,550
Ellis & Co are pleased to offer for sale this substantial mixed-use freehold investment opportunity situated in a prominent position on High Road, Wembley. The investment comprises a ground-floor commercial premises currently let to HSBC, together with two residential apartments within the development and the freehold interest of the building, providing additional ground rent income from the remaining leasehold apartments. The commercial element currently produces £75,000 per annum, with the two residential apartments generating a combined rental income of approximately £43,800 per annum (£1,850 pcm and £1,800 pcm respectively). In addition, the freehold benefits from ground rent income of approximately £1,750 per annum from the seven separately owned apartments. This provides a total current gross income of approximately £120,550
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