Property Category: freehold sold
A rare and unique, stand-alone commercial investment opportunity located on the independent retail parade of which Hadley Wood offers. Situated in the centre of a dense, affluent residential location, and just a short walk from the busy Overground Station of Hadley Wood, this provides a great platform for any business to thrive. Investment Summary – […]
https://www.mi-commercial.co.uk/property/crescent-west-hadley-wood-en4-2/crescent west, hadley wood, en4A rare and unique, stand-alone commercial investment opportunity located on the independent retail parade of which Hadley Wood offers. Situated in the centre of a dense, affluent residential location, and just a short walk from the busy Overground Station of Hadley Wood, this provides a great platform for any business to thrive.
Investment Summary
– Potential for re-development (stpp)
– A rarely available freehold
– Rental growth prospects (let pre-Covid for £27,500p.a)
– 4.2% Gross Yield at the guide price (3.7% better off thank bank returns)
– Arranged over 2 floors (ground and basement)
– The premises was recently renovated to a high specification
– The business remains unaffected with a lengthy lease term remaining
– Upward only rent review mechanism
– Guide price of £500,000 which reflects a low gross capital value of just £342 per square foot
Location
The building is situated on Crescent West, which is the only parade of shops serving the Hadley Wood community. The premises is just a stone’s throw from Hadley Wood Overground Station which provides a wealth of footfall.
The property has not yet been exposed to the open market as we’d like to offer local residents/investors the opportunity to secure property in their own neighbourhood first hand.
Recent Comments