This substantial mixed-use property is strategically located on the well-frequented Northfield Avenue in West London, presenting a unique investment opportunity. The layout includes a ground floor commercial unit under a full repairing and insuring lease, two self-contained residential flats that are currently let on Assured Shorthold Tenancies, and a rear office space that is presently vacant. This empty office offers immediate potential for rental income or owner occupation and could be further transformed through redevelopment.
The current arrangement provides a reliable income stream while also allowing for enhancement through the leasing of the vacant office. Future prospects include possible reconfiguration of the upper flats and even extending into the loft space above the second-floor flat, subject to obtaining the necessary planning consents. Each unit will come with a newly issued 999-year lease (virtual freehold) upon completion, offering flexibility for buyers to purchase individual units or the entire property along with its freehold interest. Investors looking for properties with solid income potential and significant growth opportunities should consider this asset seriously.
