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54 Salusbury Road, London, NW6 6NN

3,060 Sq Ft / Retail / General Retail

For Sale - £2,100,000.00

Under Offer - Last updated: 11 June 2024

Summary

A prominent commercial and residential freehold investment situated in the heart of Queens Park. The ground floor shop of 947 sq ft approximately is currently trading as the Salusbury Deli having the benefit of a rear yard of 1,038 sq. ft. with vehicle access onto Summerfield Avenue.

The first floor (Flat A) - open plan living and kitchen area, shower and WC/Washroom plus a separate WC/Washroom and two bedrooms at a lower level.

The second floor (Flat B) consists of an open plan kitchen and living area with a bathroom/WC/Washroom and a bedroom at an upper level.

The third floor (flat C) consists of an open plan kitchen and living area with a bathroom/WC/Washroom and two bedrooms (one with an en-suite shower & WC), on an upper level, which has Air Conditioning.

Total Building Rent Roll = £131,300 per annum.
(NB: The Long Leases and the Ground Rents of £550 on the three flats will fall away on completion of a sale of the property).


Key Points

  • Total passing rent of £131,300
  • Prominent Retail Position on Salusbury Road, Queens Park
  • Flats recently refurbished
  • 3 Flats let on ASTSs (2 x Two Bedrooms and 1 x One Bedroom)
  • Gross initial yield 6%
  • Location

    The premises are located in a prominent retail location along Salusbury Road being situated on the western side of the thoroughfare between Summerfield Road to the north and Harvest Road to the south. Queens Park Underground and Overground Stations are located close by.

    Property Quote Price(s)

    DescriptionSale typeGuide pricePrice type
      For Sale Freehold £2,100,000.00 NA

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    Contact agents

    Robert Reiff

    Dutch & Dutch

    020 3151 8949

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