Description

London, High Road, NW10

 An excellent opportunity to acquire a well-positioned freehold mixed-use building on High Road, NW10, comprising a ground floor commercial unit and two self-contained residential flats, with an additional flat sold off on a long lease. This is a strong income-producing asset with further value-add potential, priced attractively at £750,000 for a quick sale – representing clear below market value.

The ground floor retail unit is currently let and trading as a convenience store, producing £15,700 per annum. The tenant is well-established and provides a stable income stream. The shop is well laid out, with a large main retail area and a generous storeroom to the rear, along with separate WC facilities. It benefits from high footfall and visibility on a busy stretch of High Road, a key thoroughfare through this part of North West London.

The location offers consistent local demand for both residential and commercial property. High Road, NW10 is a vibrant, densely populated area, with a mix of independent retailers, cafés, restaurants, and national brands serving the local community. Excellent transport links are available within easy reach, including Willesden Junction and Dollis Hill stations, providing fast access to Central London via the Bakerloo and Jubilee lines, as well as Overground services. Major road links such as the North Circular (A406) and A40 are also nearby, making this an appealing spot for businesses reliant on accessibility and passing trade.

Flat A is arranged across the ground and first floor, comprising a double bedroom, living space, separate kitchen, and bathroom. It also benefits from a private garden, making it a particularly desirable unit for tenants. Flat B is located on the first floor and offers a one-bedroom layout with a separate reception/dining space, kitchen, and shower room. Both units offer good rental potential and could benefit from light refurbishment to increase yields.

In addition, Flat C has been sold off on a long lease with approximately 99 years remaining, contributing to the long-term security of the investment while leaving the buyer with control of the freehold and management of the building.

With a combined gross internal area of approximately 1,575 square feet, this property offers multiple income streams and the potential for value enhancement through refurbishment, rent reviews, or lease restructuring. The pricing reflects the vendor’s desire for a swift sale, making this a compelling opportunity for investors seeking a high-yielding asset in a well-connected and improving part of London.

Early interest is encouraged.

 


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Features
Specification
  • Shop
  • 2 Bedroom
  • 2 Bathroom
  • 2 Receptions
  • Yes Parking
  • 146 sqm
  • Yes Garden
  • No Pets
  • Shop
  • Yes Parking
  • 146 sqm
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