£1,100,000
South Road, Southall
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
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
Reference: CS0001
