Two-bedroom flat and commercial shop investment

Freehold investment opportunity comprising a shop and two-bedroom flat, generating a gross yield of 7.8%. The property has been in the same family ownership since the 1930s and offers a six-week completion. Occupying a prominent corner position at the junction with Eastcote Road, the building is situated opposite Costa Coffee and is within 150 yards of South Harrow Underground Station (Piccadilly Line). Other nearby multiple retailers include Iceland, Poundland, Nando's, KFC, Aldi, Subway, Savers, Cakebox, and Paddy Power. South Harrow is a popular suburb located approximately 10.5 miles north-west of central London, benefiting from good road links via the A40 (Western Avenue) providing access to the M25. The property is an end of terrace corner building comprising a ground floor shop with separate rear access via an external side staircase to a self-contained two-bedroom flat on the first floor. Additionally, there is a gated rear loading and parking area for at least two cars accessed via Eastcote Road. The ground floor shop features a gross frontage of 25'6", an internal width of 23'10" (max), a shop depth of 33'8", a built depth of 71'4", a WC, and a gross internal area of approximately 1,451 sq ft. The first floor flat includes a living room (12'1" x 12'6"), bedroom 1 (11'5" x 15'5"), bedroom 2 (9'0" x 7'8"), kitchen (7'6" x 4'11"), and a shower/WC (7'5" x 4'6"). The entire property is let on a full repairing and insuring lease to Arudselvi Sivapalan (Convenience Store/Fresh Foods/Café) for a term of 32 years from 12th June 2012 at a current rent of £47,000 per annum exclusive, with rent reviews in 2028 and every four years thereafter. Note: There may be potential to reinstate the advertising hoarding on the flank wall, subject to obtaining the necessary consents.