Retail premises for sale in South Road, Southall UB1

£1,100,000
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Retail premises for sale

Property description

Description

Ashford Finance & Property Services delighted to present a commercial building in South Road, Southall, Greater London to the open market.

The ground floor comprises a large shop area of 1341 sq. Ft and a temporary building made of wood and corrugated sheets measuring area 1867 sq. Ft at the rear of the property - totalling 3208 sq. Ft.

The first floor comprises a 3 bedroom flat or individual offices which have been rented out on rolling contracts.

This property is located in South Road which is a very popular area and is home to many ethnically diverse amenities, established businesses & sought-after services.

Moments away from both The Broadway (Uxbridge Road) & Southall Train Station which has recently been upgraded to the Cross Rail/ Queen Elizabeth train service.

Additional benefit which includes planning permission granted by Ealing Council for a proposal of a single-story rear extension to ground floor shop.

Ideal for an investor who is hoping to add to their portfolio or someone who can take this site on as a property development project. Subject to planning Regulations.

Rental income for the shop on the ground floor is currently at £37,000 pa
Rental income for the upstairs offices is currently at £16,800 pa
Totalling £53,800 per annum

lease:
Ground floor - let 25 years from 2016
First floor 3 bed flat/offices - let 2 years remaining

Tenure: Freehold

Property info

Floorplan(s): Floorplan 1

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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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