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High Road, Wembley, Middlesex HA9

GREATER LONDON BANK INVESTMENT
For sale
  • The unit occupies the basement and ground floor in a prominent position along Wembley’s main shopping parade opposite Nationwide, McDonald’s and Specsavers.
  • Densely populated north-west London suburb.
  • Situated 150m from Wembley Central Station (Bakerloo Line, Overground & National Rail).
  • Let to Bank of Scotland Plc (t/a Halifax) until 2027 (no breaks).
  • Comprises total accommodation of 4,727 sq ft / 439.19 sq m.
  • Rental income of £102,000 pa.
  • Tenure - 999 years from completion at a peppercorn.
  • The property is VAT registered.
  • We are instructed to seek offers in the region of £1,600,000 (One Million, Six Hundred Thousand Pounds) subject to contract, equating to a Net Initial Yield of 6.00%, assuming purchasers’ costs of 6.14%.
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