Sold

Elizabeth House, 341-345 High Road, Wembley, Middlesex

London - M25

dba190

Office£1,800,000

Tenure: Freehold
Tenancy: Single Let

Investment summary

•Purchase Price in excess of £1,800,000.

•Net Initial Yield of 5.5%.

•Reversionary Yield of 7.4%.

•3 years unexpired to the Government.

•Freehold.

•Total net internal floor area of 957 sq m (10,306 sq ft) with 12 basement car parking spaces.

•Low base rent of £96.55 per sq m (£8.97 per sq ft) with a reversion of £134.55 per sq m (£12.50 per sq ft).

•Planning permission to construct an extra floor providing additional residential accommodation with an end value of approximately £800,000.

•Suitable for investors, owner occupiers and developers.