94 Belsize Lane
Belsize Park
London
NW3 5BE
Cricklewood Broadway, London
Asking Price £1,595,000
5 Bedroom House - Terraced
Freehold Mixed-Use Investment.
A mixed-use freehold investment situated on Cricklewood Broadway, comprising a ground floor commercial unit and four residential flats.
The residential element comprises one two-bedroom flat, two one-bedroom flats and a studio, currently producing a combined rental income of £72,600 per annum.
The ground floor commercial premises are occupied as a hairdressing and beauty salon and are let on a 15-year lease from September 2025 at £18,000 per annum, with five-yearly upward-only rent reviews.
The property currently produces a total rental income of £90,600 per annum.
The property is VAT elected in respect of the commercial element only and, being mixed-use, benefits from the lower non-residential rates of SDLT, subject to purchasers taking their own tax advice.
Located on Cricklewood Broadway, the property is well positioned for local shops and amenities, with good transport links into Central London and across North West London.
Energy Efficiency and Environmental Impact
Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.
Property data and search facilities supplied by www.vebra.com