Retail property (high street) for sale
Property description & features
- Tenure: Freehold
- Upper parts producing £47,890.00 per annum excl.
- Scope to generate income from the ground floor & redevelop the building to provide 6 apartments.
- Well Established Late Night Venue Trading For Over 45 Years (est. 1979).
- 6 Bedroom Flat over first, second & third floor.
- Fully fitted ground floor may be suitable for restaurant / medical / educational use.
The current owners of the building occupy the ground floor which is a well-known local bar / public house which opened 45 years ago (established in 1979). The site continues to be popular with local customers and continues to trade well to this day.
The ground floor could be reconfigured into a retail unit or restaurant with a covered outdoor area to the rear STPP.
Our clients also have historic plans prepared to create 6 luxury apartments on the uppers which can be shared upon request.
This building is situated on Field End Road known as Eastcote’s High Street, a busy parade of local and independent retailers. Eastcote Underground Station is 0.1 mile from the property, served by the Piccadilly Line and Metropolitan Line providing links into Central London in 36 minutes. By road, the A40 Western Avenue is 2.5 miles away providing easy access to London and the M25 and M40 Motorways.
184 Field End Road
The current owners of the building occupy the ground floor.
The ERV of the ground floor if let on the open market is approx. £50,000.00 per annum exclusive.
184A Field End Road
Our clients own the freehold of the taxi office which is sold off on a long lease with approx. 81 years unexpired at a peppercorn rent.
184B Field End Road
The residential upper parts are currently income producing £47,890.00 per annum exclusive. Total likely income once fully let £97,890.00 per annum.
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