Summary - The Queens,Broadway Parade,LONDON,N8 9DE N8 9DE
1 bed 1 bath Leisure Facility
Fully let Victorian leisure and flats with long income streams and heritage appeal.
- Grade II listed Victorian corner building with strong high‑street frontage
- Total current income £289,940 pax plus VAT (commercial + residential)
- Let to operator on 15‑year FR&I lease; commercial rent £170,000 pax + VAT
- Eleven flats (6x1-bed, 4 studios, 1x2-bed) producing £119,940 pax
- Large overall size 13,723 sq ft across lower‑ground to third floor
- Small plot, no private garden; urban/town views only
- Listed status adds consent constraints and potentially higher maintenance costs
- Local area affluent but records higher crime; consider insurance/management costs
An exceptionally prominent Grade II listed mixed-use freehold on Broadway Parade, producing a total income of £289,940 pax plus VAT. The ground and lower floors operate as a well-appointed pub/restaurant with a large external seating area, while eleven self-contained flats above deliver steady residential rental income. The building’s Victorian character, corner position and strong high-street visibility support continued trading and lettability.
The property is offered as a fully let investment: a 15-year FR&I lease to the commercial operator (rent £170,000 pax plus VAT) and separate ASTs for 11 flats generating £119,940 pax. At 13,723 sq ft across multiple floors, the asset suits investors seeking income, scale and a rare conservation‑area freehold in an affluent, well‑served town centre.
Buyers should note material constraints: the Grade II listing restricts alterations and may increase repair costs and consenting times. The site occupies a small urban plot with no private garden, and the local area records higher-than-average crime — factors that affect operational decisions and insurance. Prospective purchasers should allow for heritage-led maintenance and compliance obligations.
Overall this is a turn‑key, income‑producing corner building with strong street presence, mixed revenue streams and clear asset-management upside for investors prepared to manage listed‑building responsibilities.
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