Retail property (high street) for sale
Property description & features
- Tenure: Freehold
- Attractive Location
- Easy to manage
- Basement
- Ideal for investment
- Spacious
• Total Rental Income Of £72,000 Per Annum
• Multi Units Generating Rental Income
• Rear Yard
• Prime Location
• Opportunity to extend the retail floor space on the rear of the property (STPP)
• Potential To Increase the rental income if in the right hands
VIRTUAL FREEHOLD
Description
A fantastic investment opportunity exists to buy a freehold site with Multi Units generating rental income. The building consists of a ground floor, basement and a rear yard. It is a double shop fronted unit that compromises internally fitted different sized units which generate a rental income of £6,000 a month. This also has a Yard which has access on the side.
There is opportunity to extend the retail floor space on the rear of the property, STPP (Being Obtained). Potential to increase the rental income if in the right hands and management.
Location
This property is located within walking distance to Southall Train Station, which will also have the new Crossrail station. With great transport links to Ealing Broadway, Heathrow, Reading and London Paddington. As well as access to the M4, M40 and M25. This property is also within walking distance to local shops and amenities.
TENURE
Freehold
The Existing Rental Income From the multiple units is £72,000 Per Annum. Potential to increase the rental income.
Please contact us with enquiries via :
Daljit Kapoor -[use Contact Agent Button] |[use Contact Agent Button] | [use Contact Agent Button]
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Property reference 2646. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Galaxy Real Estate Agent - London.
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Broadband availability and predicted speed: obtained from Ofcom on January 5, 2022
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
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Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
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Mobile phone signal availability and predicted strength: obtained from Ofcom on January 5, 2022
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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