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70 Northfield Ave

1,063 SF 100% Leased Retail Building London W13 9RR $698,812 ($657/SF)

Investment Highlights

  • 70 Northfield Avenue is located in a diverse retail parade close to the junction with Mayfield Avenue.
  • Close to Northfields Station (Picadilly Line)
  • Northfields London Underground Station offers connections to central London and also Heathrow.

Executive Summary

70 Northfields Avenue represents a mixed use residential and commercial investment opportunity.
The building is configured as a ground floor commercial unit plus a split level two bedroom flat (see floor plan and VR tour).
The floor areas comprise one commercial unit at 893 square feet, plus one residential two bedroom flat at 610 square feet.
The existing tenant has one lease for the commercial unit and the two bedroom flat. They occupy both parts of the property. The total current income is £15,000 per annum. The current lease expires in January 2026 and a rent review is outstanding.

Property Facts

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
1,063 SF
Building Class
B
Year Built
1970
Price
$698,812
Price Per SF
$657
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Frontage
20 FT on Northfield Ave

Nearby Major Retailers

Roti Modern Mediterranean
Barclays
Sam's Chicken
Costa Coffee
Starbucks
Iceland
NatWest
The Gym
Co-operative Food
ASDA
  • Listing ID: 33715744

  • Date on Market: 11/1/2024

  • Last Updated:

  • Address: 70 Northfield Ave, London W13 9RR

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