Property unavailable This property advert is no longer active. It is possible that the same property has been re-advertised under a separate listing, click below to view any replacement or similar listings. Show similar properties Please note we do not have names or contact details of anyone currently occupying this building we are also unable to provide details of the agents that posted the original advert with us. If you are the owner of the building and would like to re-post this advert please email renewals@novaloca.com If you would like to know if this, or any similar property comes back or on to the market please click here to get updates by email. Street view 38 Park Parade, Harlesden, NW10 4JE 452 Sq Ft / Other / Investment Withdrawn - Last updated: 20 December 2024 SummaryThe property encompasses a ground-floor shop with 3 sold off self-contained flats situated on the upper floors. The shop is let to a clothing alterations service on a Full Repairing and Insuring lease for a term of 10 years from 27th May 2020. Therefore having 6 years unexpired. The lease is Outside the Landlord & Tenant Act. There is forthcoming rent review on 27th May 2024 - a rent increase has been agreed of £15,600 per annum. The 3 flats have been separately sold off on the following lease terms. 38a: 125 years from 16th July 2020 (121 years unexpired). The ground rent is £100 per annum. 38b: 999 years from 18th November 1987 (962 years unexpired). The ground rent is £450 per annum. 38c: 999 years from 18th November 1987 (962 years unexpired). The ground rent is £450 per annum. The total annual income is £16,600. Representing a gross yield of 6.6%.Key PointsFreeholdMid Terraced BuildingIncome Producing RetailResidential Flats Sold OffNearby Occupiers Include Santander & Costa CoffeeWithin Walking Distance Of Willesden Junction Station (Overground and Bakerloo Line)LocationHarlesden located in North London within the London Borough of Brent, is a vibrant locale boasting a diverse community and excellent transportation connections via the Overground and Bakerloo Line. This property is conveniently located amidst a plethora of independent retailers, with the High Street just a few minutes' walk, hosting renowned national brands such as Costa Coffee and Santander. Strategically positioned, the building is a mere 0.6 miles from Willesden Junction Train Station and 1 mile from Kensal Green tube station, offering routes to central London, with London Waterloo accessible in just 30 minutes. Next Steps Contact an agent now The 'Contact agents' section contains agent phone number and a contact form. You can also request a viewing from here. Contact agent View similar properties View a list of similar properties in this postcode. You can also use the search filter at the top of the page to refine your search criteria. Show similar properties Send me updates To get regular updates about similar properties that match your search please register your email address. Get email updates Add to my shortlist Add this property to your shortlist. Just provide your name and email address so you can access these at a later date. Add to watchlist