Invest in a Lucrative Freehold Property with 6.4% Investment Yield
Are you seeking a secure and rewarding investment opportunity in the heart of Wembley? Look no further than this exceptional commercial property situated at Ealing Road. Boasting a sought-after location and numerous key features, this freehold property promises a reliable tenant covenant, potential for future development (subject to planning permission), and a solid 6.4% investment yield.
Prime Location
Nestled in the vibrant area of Wembley, this commercial property enjoys a prime position on Ealing Road. Known for its bustling atmosphere and diverse community, this sought-after location promises excellent footfall and high demand from potential tenants. With easy access to major transport links and nearby amenities, this property offers convenience and connectivity for businesses.
Freehold Investment Opportunity
With property prices steadily rising, acquiring a freehold investment presents a rare and valuable opportunity. By purchasing the freehold of this commercial property, you gain full ownership and control over the premises. This enduring asset provides the security and peace of mind required for long-term investment success. The two leasehold flats are sold off on long leases and each generates £100.00 ground rent income per annum.
Reliable Tenant Covenant
Securing a reliable tenant is paramount for any property investment. Rest assured, this commercial property is presently occupied by a trustworthy and established tenant. Enjoy the benefits of a consistent rental income, allowing your investment to provide steady profits and financial stability. Currently, occupied by Amols Vada Pav, who have a lease for 15 years from 18.04.2019 to 17.04.2034, paying a rent of £44,400 per annum.
Exceptional Investment Yield
When investing in a commercial property, achieving a favorable yield is crucial. With this property, you'll realize a strong 6.4% investment yield. This exceptional return on investment reflects the property's desirability and potential for long-term growth. Take advantage of this attractive yield to maximize your returns and build a solid investment portfolio.
Future Development Potential (STPP)
Beyond the immediate returns, this commercial property holds significant potential for future development (subject to obtaining the necessary planning permissions). By capitalizing on increasing property values and the demand for commercial space in this desirable location, you can unlock additional value and explore further possibilities for expansion or redevelopment. We can provide further details on request.
Rent Review Recently Completed
To ensure fair and competitive rental income, a recent rent review has been successfully completed for this property. This ensures that your investment aligns with current market rates and allows for future rental adjustments. Benefit from this recent review and enjoy the peace of mind knowing your income remains competitive and in line with market trends. There is an opportunity to increase the rent in May 2029 when the next rent review falls due.
Take Action Now
Don't miss out on this exceptional investment opportunity in Wembley. Acquire this freehold property, boasting a sought-after location, reliable tenant covenant, and a remarkable 6.4% investment yield. With the added potential for future development, this commercial property provides an ideal foundation for building wealth and securing long-term financial success. Contact us today to arrange a viewing and start your profitable journey in the world of commercial property investment.
Material Information
Tenure: Leasehold 7 Years 6 Months remaining
Disclaimer
Grey & Co is the seller's agent for this property. We always obtain detailed information from the seller to ensure the information provided is as accurate as possible; however, your legal representative is legally responsible for ensuring any purchase agreement fully protects your interests. Please inform us if you become aware of any information being inaccurate.
Grey & Co have not tested any apparatus, equipment, fixtures, fittings or services. It is the responsibility of prospective purchasers to check the working condition of these items.
To comply with anti-money-laundering regulations, buyers will be asked to provide proof of ID and proof of address, as well as proof of funds and there is a charge of £35.00 per buyer or beneficial owner for anti-money laundering checks, which is payable once an offer has been accepted.
Grey & Co also offer a Lettings and Property Management Service. If you are considering renting your property, are looking at buy-to-let, or would like a free review of your current portfolio, then please call us on the number shown above. We are accredited by the UK's leading professional body Propertymark ARLA/NAEA.