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.