Retail premises for sale in The Broadway, Southall UB1

Retail premises for sale
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Property features

  • Retail shop premises
  • 2 bedroom flat above currently generating rental income of £ 14,160 per annum
  • £ 140,000 goodwill includes all fixtures and fittings
  • Early viewings are recommended

Property description

The accommodation in further detail comprises: (All Measurements are approximate) Description: - Shop area is approx 700 sq ft comprising of suspended ceiling, tiled flooring, 2 display units, meat cutter, 2 upright display units, middle and side shelving, freezer, ac unit, 2 TV screens, alarmed and CCTV. To the rear is a storage room with walk in cold room, sink, 12 chest freezer, 4 prep tables, mincing machine, 1 microwave, WC and shared alleyway. First Floor 2 Bedroom Self Contained Flat with rear access through alleyway. We are advised by the vendor the turnover is in the region of £5000 Per Week. Lease – 16 Years Remaining Rent - £28,000 Per Annum Rent Review – Every 4 Years Rates - £8,100 Per Annum Legal Cost: In going tenant is responsible for vendor's reasonable legal cost. Tenure: £140,000 leasehold. The flat above is currently let out on assured shorthold agreement £ 14,160 per annum and the fruit and veg stall also generates rental income of £ 10,800 oer annum.

Property info

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For more information about this property, please contact
Ashford Finance and Property Services, UB2 on +44 20 8115 2153 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Ashford Finance and Property Services, and do not constitute property particulars. Please contact Ashford Finance and Property Services 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.

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