| Property Type | Investment / Industrial / Warehouse / Residential / Retail / Trade Counter / Showroom |
| Tenure | For Sale |
| Size | 1,271 sq ft |
| Price | Freehold vacant or freehold sale and leaseback price available on application |
| Business Rates | Interested parties are advised to contact the London Borough of Ealing to obtain this figure. |
| VAT | We have been advised the sale will not be subject to VAT. |
| Energy Performance Rating | Property graded as Commercial – E (109) / Residential – D (57) |
The property is located on Norbreck Parade, accessed off Priory Gardens A4005 which provides a direct route into North London and the M1 Motorway. The Hanger Lane Gyratory system is also in close proximity and provides direct access into Central London via the A40 Western Ave and to the wider motorway networks to include the M40, M25 and M4. Hanger Lane (Central Line), Park Royal (Piccadilly Line) and Stonebridge Park (Bakerloo Line) underground stations and Stonebridge Park overground station (Lioness Line) are all within walking distance of the property and various bus routes also service the area.
Prime NW London Location – Positioned in a highly visible location on well known Hanger Lane Gyratory System surrounded by an affluent residential neighbourhood and thriving retail parades
Excellent Transport Links – Walking distance of three well connected underground and one overground station. Direct access to major arterial roads leading to Central London, Heathrow & the wider major motorway networks.
Strong Local Demand – a popular area for both young professionals and families, ensuring consistent residential and commercial interest.
Hanger Lane Tube Station (Central Line) - 0.2 miles
Park Royal Tube Station (Piccadilly Line) - 0.6 miles
Stonebridge Park Tube & Overground Station (Bakerloo & Lioness Line) - 1.2 miles
A406 - 0.1 miles
A40 - 0.2 miles
M1 - 4.5 miles
M40 - 9.2 miles
M25 - 11.4 miles
Central London - 9.2 miles
Heathrow - 12 miles
Source: Google Maps
A prominently positioned, three storey mixed use building comprising a retail unit with excellent frontage with rear workshops, and a self-contained three-bedroom split level maisonette above which currently being converted to a four-bedroom HMO which will conform to current HMO regulations with the Council’s consent, as part of the sale. The upper residential accommodation also includes a private roof terrace and a garage, which are both unique features in this location. This mixed-use opportunity offers a flexible lease with immediate income, value add potential to enhance the capital value, thus is suitable for both investors and owner-occupiers alike.
The building is held under two titles by same vendor:
12 Norbreck Parade – Ground Floor Commercial - Title No: AGL111070 - FREEHOLD
12a Norbreck Parade – Residential Accommodation - Title No: AGL105249 - LONG LEASEHOLD
OPTION 1 – Available with full vacant possession
OPTION 2 – Sale and Leaseback. On completion of a sale, the vendor can sign a 1 -2 year leaseback agreement with a rental figure of £75,000 per annum under SNOBS CUSTOM CYCLES LTD (company number 10675682)
All measurements are approximate. Interested parties to carry out their own survey to confirm these figures.
| Description | sq ft | sq m |
|---|---|---|
| Ground Floor Retail | 689 | 64.01 |
| Ground Floor Workshops | 582 | 54.07 |
| Total | 1,271 | 118.08 |
3-bedroom maisonette to be converted to a 4- bedroom HMO as part of the sale.
Freehold vacant or freehold sale and leaseback price available on application.
All offers will have to be supported with proof of funds or funding confirmation.
The property to be sold in a cleared condition but the vendor may entertain separate negotiations for certain fixtures and fittings.
Interested parties will be required to provide the appropriate information to satisfy current AML regulations at the stage Heads of Terms are agreed.
None of the amenities have been tested by Telsar.
