This substantial mixed-use property presents a rare investment opportunity in the desirable area of West London, situated on the well-frequented Northfield Avenue. It offers an appealing combination of current rental income and future development prospects, making it an attractive option for investors seeking to capitalize on its potential.
The layout consists of a ground floor commercial unit currently leased under a full repairing and insuring (FRI) agreement, along with two self-contained residential flats, both operating under Assured Shorthold Tenancies (ASTs). Notably, there is also a vacant office located at the rear, which opens up immediate possibilities for letting, personal use, or redevelopment.
With existing income from the commercial unit and residential flats, there is ample opportunity to enhance returns by leasing the vacant office space or considering longer-term reconfiguration of the upper floors.
Furthermore, each unit will be transferred with a new 999-year lease upon completion, allowing for individual sales or collective acquisition with freehold interest. There is also potential for expansion into the loft space above the second-floor flat (subject to planning permissions), which could significantly increase overall value.
This property stands out as an exceptional mixed-use investment in a highly sought-after location with advantageous income streams and substantial future enhancement possibilities.
