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£1,000,000Shop for sale
The Green, Southall, Greater London, UB2
Shop
Features and description
- Tenure: Freehold
Description
The property comprises a four storey mid terraced building constructed around 1880s. This property is 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. The ground floor and basement comprises of a self contained grocery with an off license on the first floor. Second and third floor comprise HMO units which have a separate access to the rear of the shop.
Property has further potential to develop 4x 2 bedroom flats subject to planning permission.
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.
TENURE
Freehold
Existing HMOs have potential to generate over £50,000 per annum rental income.
LEASE
Ground Floor Shop is available at vacant possession as current tenants lease is expired since February 2020. Potential to increase rent and renew with current tenant or can be occupied by buyer.
BUSINESS RATES
Rateable value £14,000pa Rates payable approx. £6800 , Client is however advised to do their own due diligence.
The property comprises a four storey mid terraced building constructed around 1880s. This property is 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. The ground floor and basement comprises of a self contained grocery with an off license on the first floor. Second and third floor comprise HMO units which have a separate access to the rear of the shop.
Property has further potential to develop 4x 2 bedroom flats subject to planning permission.
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.
TENURE
Freehold
Existing HMOs have potential to generate over £50,000 per annum rental income.
LEASE
Ground Floor Shop is available at vacant possession as current tenants lease is expired since February 2020. Potential to increase rent and renew with current tenant or can be occupied by buyer.
BUSINESS RATES
Rateable value £14,000pa Rates payable approx. £6800 , Client is however advised to do their own due diligence.
About this agent
![Galaxy Real Estate Agent - London](https://s3-eu-west-1.amazonaws.com/images.agentsmutual.co.uk/agents/branches/47212/220921160507542/logo-original.png)
We offer an extensive professional service focussing on integrity, quality assurance, and guaranteed personalised service. We are an independently owned
company, located in West London. Everyone at Galaxy Real Estate has extensive knowledge and a great cliental base of the area. We pride ourselves on our
personalised and professional client service. Galaxy Real Estate was set up to give people the opportunity to make the galaxy their Oyster. The strategy
behind this is to give buyers and vendors the time and attention they deserve. Buying or selling a home is the biggest financial decision of most ... Show more
company, located in West London. Everyone at Galaxy Real Estate has extensive knowledge and a great cliental base of the area. We pride ourselves on our
personalised and professional client service. Galaxy Real Estate was set up to give people the opportunity to make the galaxy their Oyster. The strategy
behind this is to give buyers and vendors the time and attention they deserve. Buying or selling a home is the biggest financial decision of most ... Show more