Under Offer Map view Street view 46 Salusbury Road, Queens Park, London, NW6 6NN 536 Sq Ft / Retail / General Retail For Sale - £675,000.00 Under Offer - Last updated: 29 September 2025 SummaryFreehold retail and (sold off) residential upper part investment opportunity in the heart of Queens Park. Nearby occupiers include successful independent businesses such as Sid Fizz and Bobs Cafe as well as Gails, Planet Organic, Sainsburys, Marks & Spencer, Starbucks, Pizza Pilgrims, Joe & The Juice and others. The tenant 'July 23 Ltd' t/a Sid Fizz Optique is a long standing and well established Optician and has been trading since 2013.Key PointsGround floor let to 'July 23 Ltd' t/a Sid Fizz Optique at a passing rent of £42,000 per annum until May 2028, with no further reviewsCommercial Lease Contracted Outside of the 1954 Act9 Long Leasehold Flats, 8 with 104 years unexpired, 1 with 229 years unexpired, Ground Rents £900 per annumVery popular trading location in the heart of Salusbury Road, Queens ParkOpportunity for Rental GrowthEPC CCommercial LeaseThe ground floor is let to 'July 23 Ltd' with MISIYU LTD. as Guarantor t/a Sid FIzz Optique. FR&I Lease for a term of 15 years from 3rd May 2013, expiring on the 2nd May 2028. Contracted outside of the Security of Tenure Provisions of the 1954 Landlord & Tenant Act Passing rent £42,000 per annum A copy of the lease is available on request.Residential Upper PartsThere are 9 flats all of which are sold on long leases. 8 flats with 104 years unexpired. 1 flat with 229 years unexpired. Producing Ground Rents of £900 per annum.Investment SummaryTotal Income: £42,900 per annum Gross Initial Yield: 6.36 % on a guide price of £675,000 (Plus VAT) WAULT: 3 years 3 monthsLocationQueens Park is a lively neighborhood in North West London, offering a mix of green spaces, local charm, and a strong sense of community. The area is also known for Salusbury Road and Lonsdale Road which hosts bustling creative businesses, independent shops, cozy cafés, and popular pubs, creating a vibrant local scene. Queens Park is home to a range of exciting tech, fintech, design, fashion and TV / Film businesses which all add to the thriving business community. Property Quote Price(s) DescriptionSale typeGuide pricePrice type For Sale Freehold £675,000.00 NA Documents and links Flat 7 46 Salusbury Road LONDON NW6 6NN.pdf 46 Salusbury Road LONDON NW6 6NN.pdf Flat 5 46 Salusbury Road LONDON NW6 6NN.pdf Flat 8 46 Salusbury Road LONDON NW6 6NN.pdf 46 Salusbury Road Title.pdf Lease 030513.pdf 7d3bc8b1a87fa7f2a4cf5ef5169ca0bd.pdf 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