- Approx. 928 sq ft large ground-floor retail/office unit
- High-footfall Northfields Avenue retail parade location
- Good tenant covenant with approx. 5% gross yield
- Virtual freehold/peppercorn ground rent
- Presented in good, contemporary condition with high ceilings
- Ten years remaining on lease — lenders may refuse mortgages
- Excellent transport links (A40/M4) and fast broadband
- Low crime, affluent catchment with strong local amenities
A rare ground-floor virtual freehold retail unit on Northfield Avenue, offering around 928 sq ft on a high-footfall West London parade. The premises benefit from a contemporary frontage, large open-plan retail/office space and a strong local retail mix that keeps footfall steady throughout the day. The current tenant covenant is established, producing an approximate 5% yield and peppercorn ground rent, making this straightforward for an investor seeking rental income in a desirable area.
Practical strengths include excellent transport links (easy access to the A40/M4), fast broadband and mobile signal, low local crime and a very affluent catchment with strong nearby amenities and good schools. The space is presented in good condition with modern finishes, high ceilings and flexible internal layouts suitable for retail or office use.
Important drawback: only ten years remain on the lease (from 2022), which is likely to deter many mortgage lenders and may restrict financing options. Prospective buyers should verify lease terms, tenant covenant details and lender acceptability before proceeding. All measurements, yields and details should be independently confirmed prior to purchase.