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Commercial For Sale in Wembley - Must be seen £1,450,000

Arrange a Viewing

Banquet Hall for Sale in Wembley, HA0

Planning Permission for 7 Residential Units

Development/Investment Opportunity

Size: 580.49 m sq (6,248 sq ft)

Banqueting Hall

Busy Retail and Residential Area

Near Wembley Central Station (Overground and Bakerloo Line)

Use Class Sui Generis

We are pleased to offer this virtual freehold vacant banqueting hall with Planning Consent for Conversion located on Wembley High Road, HA9. The property is situated on the south side of High Road (A404) between its junction with London Road and Park Lane with ample transport links for convenient access to central London.

The Banqueting Hall can achive a curnent rental of £90,000.00 per annum.

The property has planning permission for 7 self contained flats making this a great investment opportunity.

The total accommodation space is 580.49 m sq. (6,248 sq. ft)

Located on the busy Wembley High Road in the Borough of Brent, the surrounding area is predominantly commercial surrounded by residential properties. Wembley High Road is a busy established retail and residential area and is undergoing several improvements including tree planting, footway widening and more street lighting making it an attractive place to live and work.

Current occupiers nearby include JD Wetherspoon, Wilko, KFC, Domino's, Three, Superdrug, Halifax, Nationwide, McDonald's, Specsavers and Nando's. This property offers the new owners a great opportunity to be part of this up and coming busy area and capitalise on the increased retail and residential opportunities. Wembley Stadium is 0.6 miles east of the property and the retail and leisure opportunities of London Designer Outlet are a short distance away. The green open spaces of Edward V11 Park and Barham Park are within walking distance.

The property is available and ready to view so do not miss out on this development opportunity in a prime location by calling Mapesbury Estate Agents to arrange a viewing.

Please note: The property is arranged over the first floor of a larger building but J.J Moons is not included in the sale.

***Agency Fees apply***

Tenure -

Leasehold: Held on a lease for 999 years from 15th June 1997.

Planning Information -

Planning Permission was granted on 06.08.2021 (REF: 21/1836) for the change of use of first floor from a private club (Use Class Sui Generis) and erection of second floor to accommodate 7 self-contained flats with garden terraces, alteration to fenestration, enclosure of existing stairwell and provision for cycle and refuse storage.
Via Website: www.brent.gov.uk

Transport Links -

Nearest Station: Wembley Central (Bakerloo and Overground)
Road: The North Circular (A406) is easily accessible and links to the M1 (J1) whilst the A40 provides access to the M40 and M25 (J16)

IMPORTANT NOTICE

Descriptions of the property are subjective and are used in good faith as an opinion and NOT as a statement of fact. Please make further specific enquires to ensure that our descriptions are likely to match any expectations you may have of the property. We have not tested any services, systems or appliances at this property. We strongly recommend that all the information we provide be verified by you on inspection, and by your Surveyor and Conveyancer.