£1,595,000
5 bed terraced house for saleCricklewood Broadway, London NW2
5 beds
Added on
PMP International
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About this property
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.
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