Praed Street, London

Located in a prime Central London position near the junction with Bouverie Place, this mid-terrace freehold property sits opposite St Mary’s Hospital and just 300 yards from Paddington Station (Elizabeth Line, Bakerloo, Circle, District, Hammersmith & City), offering excellent transport links and high footfall. Nearby occupiers include Tesco Express, Greggs, Ryman, Hamptons, and various independent retailers.

Property Overview:

The building comprises a ground floor retail unit, basement office, and three self-contained studio flats on the upper floors:

Ground Floor Shop (approx. 13'7" x 11'3" x 12'3"): Let to Appdroid Tech Specialists on a 10-year lease from Oct 2015. Income: approx. £30,000 p.a.

Basement Office (approx. 272 sq ft): Licensed to Digiware Ltd, with private bathroom. Potential income: £9,000 p.a.

Flats A, B & C: Self-contained studios (118–140 sq ft each) with en-suite shower/WC. Total residential income: £46,096.44 p.a. Investment 

Highlights Total income: approx. £85,096 p.a. Tenure: Freehold

High-yielding investment in a strong Zone 1 location An excellent opportunity for investors seeking stable income in a sought-after London location.

Available now, so do not hesitate to contact Rayan Investments to arrange a viewing!