020 8904 5040

Photo 2
Entrance Hall
Ground Floor
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Photo 11
Ground Floor
Photo 10
Bedroom 1
Family Bathroom

Freehold Leisure/Mixed Use Investment

Fronting busy high street in Sudbury Town

Over 5,000 sq. ft in size

Potential to implement rent reviews to increase rent and yield

Includes living accommodation above

Detached building with large rear ancillary space

The property is arranged over ground and first floors to provide a detached building with rear ancillary space. The building is fitted out to provide a nightclub and restaurant/ bar plus outdoor seating for the summer. The upper residential element comprises three bedroom living accommodation plus a living room, kitchen and bathroom.
Of interest to Investors and Developers: Presenting the Maya Lounge in Sudbury Town. The property presents an exciting and unique investment opportunity for investors and developers occupying a typical high street position. Detached two storeys building with significant space at the rear (ancillary).
The entire building including upper accommodation is currently let for a sum of £70,000 per annum. The tenant is on a Full Repair and Insurance lease (FRI) for a term of 15 years with 9 years remaining. Gross useful floor area is 5844 sq. ft. or 542.92 sq. m
The next rent review is in 4 years' time.
Outgoings including rates and building insurance are paid by the tenant.
We are not aware of any ground rent or service charges payable by the tenant to the landlord. Please rely on your own searches to verify this.

The property is situated on the high street just before Watford Road on Harrow Road, both busy arteries into Wembley and the surrounding areas

We have been instructed by the vendor to seek offers in the region of £1,495,000.00
Kindly note the business is not for sale and is not affected by the sale of the freehold interest.
Viewings strictly by appointment through sole agents Glenmore Property Services.

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Floor Plan 1 Floor Plan 2


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.