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Investment opportunity in a prime location in Harrow that offers both residential and commercial, And has a lot of potential for growth.
This property features a separate entrance for the upper floor, which can be used as a comfortable 1 bedroom flat with a good-sized living room, a modern kitchen, and a bathroom & toilet. The flat is currently rented for £1300 PCM, generating a steady income for the owner & £4,250 per quarter going forward for the office.
The ground floor consists of an office space, a storage area, and an extension that can be used for various purposes. The office space is ideal for running your own business or renting it out to other professionals. The ground floor office can achieve £1420 Per month, but you can also have it as an empty possession if you prefer.
Total Rent can be achieved per annum from the shop and the flat will be around £32,600 and if the shop is extended (subject to planning) then can even achieve more rent.
Potential: The shop offers a great opportunity for expansion, as the prospective buyer can enlarge the space with the subject to planning permission.
The property is well-maintained.
The total floor space of the property is 260 sq.ft Approx., Office space 125 sq.ft Approx., 125 sq.ft for the storage area Approx., 150 sq.ft for the extension Approx., Upstairs Kitchen 85 sq.ft Approx., 180 sq.ft living room Approx., Bathroom and toilet: 60 sq.ft Approx. Alleyway: 82 sq.ft Approx.
The vendor is seeking offers in the region of £585,000 for the freehold interest.
For further information, please contact the BTC Commercial and Investment team at 0208 889 7474 or commercial@btcint.com.
