Rear of 5 Court Parade, Wembley, Middlesex, HA0

This property presents a strategic investment opportunity with potential for significant enhancement. Currently utilized as an open storage yard for private car parking, it offers a total area of 87 sq m (936 sq ft). Its location within close proximity to Sudbury Hill and North Wembley Tube/Train Stations, along with nearby amenities such as pharmacies and eateries, underscores its appeal for future development. The site is primed for the construction of residential dwellings or a warehouse/light industrial unit, pending necessary planning permissions. Additionally, this asset is currently let to M One Motors Ltd for a term of five years starting December 2023, generating an annual rental income of £12,600. The lease includes full repairing and insuring obligations, ensuring steady cash flow while you explore development options.