71-73 Fernhead Rd Local commercial 78 m² À vendre Londres W9 3EY 351 229 € (4 479,38 €/m²)

The property comprises a high yielding leisure investment opportunity occupying a prominent corner pitch and let to a long-standing occupier. Arranged across ground floor only, the property is let to a private individual on a 15 year lease expiring 15/11/2031 with no breaks and producing £28,500 per annum. We understand the tenant is a long standing occupier of over 10 years. The lease includes 5 yearly rent reviews with an outstanding rent review from 2021 and a further rent review due in 2026. We consider the property offers asset management potential with the opportunity to improve rents via these two reviews. The property is located in the sought after area of Queens Park and occupies a prominent corner pitch, forming part of a popular local parade characterised by a number of local retailers and restaurants. The surrounding area is predominantly residential, with the subject property forming part of the principal local retail and leisure amenity for the area.