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Commercial property for sale in Praed Street, London

Investment

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Property features

Development opportunity to convert to 3 flats
Freehold
High yield Investment
On-road Parking
Close to Paddington Regeneration Project
Mixed Use Property
Located on busy high road

Property description

Investment / Development
Rare investment opportunity located in heart of Paddington provides easy access to all parts of Central London comprising of a basement with commercial use, ground floor currently used as a shop and four bedrooms apartment build over five storeys which are accessible through stairs.

This freehold property is ideal for all type of investors by generating £81,000 income per annum.

Residential section is potential to convert into three separate ensuite flats subject to planning permission.

Gross internal area is 1,525 Sq.Ft. (148 Sq.M).

Benefiting from capital appreciation due to centralised location .( Minutes way from Hyde Park, Oxford street and Paddington Basin )

Public transport :

Paddington Tube station (Bakerloo, Circle and District lines), Edgware Road Station (Circle and District line, Bakerloo line) located nearby.

Viewing and full information pack is available upon request.

Lower Ground Floor

Gross Internal Area
430 Sq. Ft.

Ground Floor

Gross Internal Area
319 Sq. Ft.

First Floor

Bedroom 1
4.5m x 3m (14' 9" x 9' 10")

Second Floor

Bedroom 2
4.4m x 3m (14' 5" x 9' 10")

Third Floor

Bedroom 3
5.5m x 4.2m (18' 1" x 13' 9")

Property info

Floorplan(s): Floorplan 1

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Transport Schools Healthcare Food stores Restaurants/bars Sports/health clubs Parks/recreation

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Rayan Investments & Management, and do not constitute property particulars. Please contact Rayan Investments & Management for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.