Summary - CITY PLAZA UNIT 3, 1, PLAZA PARADE, EALING ROAD HA0 4YA
1 bed 1 bath Retail Property (high street)
**Standout Features:**
- Exceptional rental income of £186,705 p.a.
- High gross initial yield of 9.34%.
- Consists of 14 fully occupied ground-floor retail units.
- Strong tenant mix including a jeweller, hair salon, and florists.
- Prominent location within a busy commercial area, just 2 minutes from Wembley Central Station.
- Long leasehold tenure of 999 years remaining.
**Property Summary:**
Investors will find significant value in this mixed-use retail property situated in the vibrant heart of Wembley (postcode HA0 4YA). Boasting 14 ground-floor retail units within a modern brick construction, this property yields an impressive annual rental income of £186,705 with potential for further growth. The diverse tenant mix guarantees a steady cash flow, while the excellent 100% occupancy rate reflects its desirability in a high-footfall urban environment.
With unit sizes ranging from 8 to 69 sq m, this adaptable space can cater to various small businesses or startups. In addition, the nearby amenities—including major banks, restaurants, and shops—enhance the appeal for both tenants and visitors. However, potential buyers should note the area's high crime rate and level of deprivation, which could impact market perceptions. This property represents a solid investment opportunity in a bustling locale, particularly suited for savvy investors looking to capitalize on a thriving retail scene. Don’t miss out on this unique chance to own a piece of coveted commercial real estate!
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