Mixed-use freehold with income, vacant office and loft potential, sold at auction.
Ground-floor commercial let on full repairing & insuring (FRI) lease
A prime mixed-use freehold on Northfield Avenue, offering immediate rental income from a ground-floor shop (let on a secure FRI lease) and two self-contained 1‑bed flats let on Assured Shorthold Tenancies. A vacant rear office creates immediate scope to re-let, use as owner-occupied workspace, or redevelop to increase income.
Each unit will be granted a new 999‑year lease on completion, effectively creating long leasehold titles with freehold acquisition possible for the whole building. The upper flat has loft-extension potential (subject to planning), giving clear scope for value uplift if permissions are obtained.
This lot suits investors seeking a diversified income stream and entry into a very affluent, well‑connected West London location. Buyers should note the sale is by online auction: review the legal pack carefully, be prepared for a 10% non‑refundable deposit on completion, and factor auction fees and any immediate letting or refurbishment costs into bids.
The property is Victorian in character with brick frontage and large windows, located on a busy high street with excellent local amenities, fast broadband and strong transport links. The plot is small and reconfiguration or significant extension would be constrained by space and require planning consent (STPP).