Retail premises for sale in South Road, Southall UB1
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Property description
Location
Southall is a major West London suburb with a resident population of 318,000, situated within the London Borough of Ealing. Southall is 11 miles west of Central London and Heathrow Airport is 7 miles to the west. London Paddington is just 18 minutes by train.The property is situated in a prime retailing position on the high street, a short walk from Southall Railway station.
Description
The property is a ground floor retail shop with 3 bedroom flat / office space on the first floor. The property forms part of a busy parade of shops that makes it an excellent trading position.
Accommodation
The following breakdown indicates the area’s and dimensions of the unit:
Floor - description - area sqm - area sqft
Ground - Retail Shop - 124.66 sqm - 1341.34 sqft
Ground - Temp Wooden/ Corrugated Building - 173.54 sqm - 1867.29 sqft
3 bed flat
Total - 298.20 sqm - 3208.63 sqft
Amenities
A1 class use
3 Bed flat / office on the first floor
25 years lease remaining on ground floor from 2016
2 years lease remaining on the uppers
Ground floor rent £37,000 pa
First floor rent £16,800 pa
Total income £53,800 pa
Total Retail area of approximately 3208.63 sqft
terms
Tenure
Offers in the region of: £1,100,000 Plus
Rent
Ground floor rental £37,000 p.a.
First floor 3 Bed Flat/Offices rental £16,800p.a.
Total Income: £53,800
Lease
Ground floor - Let 25 years from 2016
First floor 3 Bed Flat/Offices - Let 2 years remaining
outgoings
Interested parties are advised to confirm the rating liability with the Local Authority on .
* Sizes listed are approximate. Please contact the agent to confirm actual size.
For more information about this property, please contact
Monarch, TW7 on +44 20 3544 7942 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Monarch, and do not constitute property particulars. Please contact Monarch for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.