Popular
Total views: 500+
Guide price
£1,500,000Property for sale
South Road, Southall, Greater London, UB1
Under offer
Property
Features and description
- Tenure: Freehold
- Attractive Location
- Ideal for investment
- Busy Parade
- Three floors
- Close to Train Station
- Freehold
Freehold Investment Opportunity: Mixed-Use Commercial and Residential Property on Prime South Road, Southall
Galaxy Real Estate are proud to offer the market this exceptional freehold investment which is located on the highly sought-after South Road in Southall, just steps from the vibrant Southall Broadway. The mixed-use property features a large commercial unit on the ground floor, currently leased to a prominent multinational travel agency. The commercial unit generates a solid rental income of £51,000 per annum, with 10 years remaining on the lease, offering a stable and secure revenue stream.
The upper floors consist of a licensed HMO (House in Multiple Occupation) across the first and second floors. The HMO comprises 5 spacious double en-suite bedrooms and 1 single en-suite bedroom, producing a current rental income of £48,000 per year. With potential for rent revisions, this could be increased to £60,000 per annum, providing excellent growth prospects for the investor.
Current total rental income : £99,000
Revised rental income : £111,000
The property is in excellent condition and presents a prime opportunity for both commercial and residential income. Located in the heart of Southall-bustling shopping and dining district, it benefits from high foot traffic and demand, making it an ideal long-term investment.
The businesses will remain unaffected after the sale.
This property represents a rare opportunity to acquire a mixed commercial space in a thriving location. For further details or to arrange a viewing, please contact Daljit Kapoor of Galaxy Real Estate M:[use Contact Agent Button] E: [use Contact Agent Button] Ph:[use Contact Agent Button]
Galaxy Real Estate are proud to offer the market this exceptional freehold investment which is located on the highly sought-after South Road in Southall, just steps from the vibrant Southall Broadway. The mixed-use property features a large commercial unit on the ground floor, currently leased to a prominent multinational travel agency. The commercial unit generates a solid rental income of £51,000 per annum, with 10 years remaining on the lease, offering a stable and secure revenue stream.
The upper floors consist of a licensed HMO (House in Multiple Occupation) across the first and second floors. The HMO comprises 5 spacious double en-suite bedrooms and 1 single en-suite bedroom, producing a current rental income of £48,000 per year. With potential for rent revisions, this could be increased to £60,000 per annum, providing excellent growth prospects for the investor.
Current total rental income : £99,000
Revised rental income : £111,000
The property is in excellent condition and presents a prime opportunity for both commercial and residential income. Located in the heart of Southall-bustling shopping and dining district, it benefits from high foot traffic and demand, making it an ideal long-term investment.
The businesses will remain unaffected after the sale.
This property represents a rare opportunity to acquire a mixed commercial space in a thriving location. For further details or to arrange a viewing, please contact Daljit Kapoor of Galaxy Real Estate M:[use Contact Agent Button] E: [use Contact Agent Button] Ph:[use Contact Agent Button]
About this agent
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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