Mixed Use in Southall

61 The Green, Southall UB2 4AR
  • Property Type: Mixed Use
  • Contract Type: Split fee

Guide Price* £850,000+ plus fees

Property Description

A four storey mid terraced building constructed around 1880s of traditional construction with solid brick walls under a pitched roof with a slate covering. The floors are of solid concrete and suspended timber construction and the windows are aluminium framed double-glazed casement units. Total income £75,700 per annum. The ground floor and basement comprises of a self-contained grocery with an off license having a current rent passing of £24,000pa. The first and second floor comprises 5 HMO units which have a separate access to the rear of the shop and have scope to generate £50,000 per annum rental income with current rent passing of £42,000pa. The third floor studio unit is generating an additional £9,600 per annum. LOCATION Southall is a major West London suburb with a resident population of 318,000, situated within the London Borough of Ealing. The premises are about 2 minutes walk from Southall main line Station. The property is situated on the northern side of the Green Southall in the London Borough of Ealing. This location is a good area situated minutes’ walk from Southall Mainline Station (Crossrail coming soon) close access to M4, A40, M25, A312, A3. Council Tax Bands: B, A, A.

Note

Please be advised that the auctioneers have not personally inspected the property. Prospective buyers are advised to make a viewing enquiry and any other necessary independent enquiries before placing their bid, as this will be binding.


Flood Risk

Very low.


Mobile Phone Coverage

O2, EE, Three and Vodafone are available.


Broadband (estimated speeds)

Standard 17 mbps. Superfast 80 mbps.


Satellite and Cable TV Availability

BT and Sky are available.


Tenure

Freehold