Freehold Mixed-Use Property for Sale in Greenford. Investment for sale.
Freehold commercial property for sale in Greenford Road. The building consists of a ground floor takeaway unit with circa 807 sq.ft, currently leased with a rental income of £18,600/annum, alongside two separate flats comprising of a 2-bed flat & a 3-bed flat above generating £31,200 per annum, hence producing a total rental income of £49,800/annum.
Currently the 1st floor 2-bed flat is rented at £1,100 pcm (£13,200/annum) and second/third floor flat is rented at £1,500 pcm (£18,000/annum). Each flat has its own utilities and council tax.
Situated in an upcoming vibrant parade in Greenford Road with multiple independent retailers, the property is a stone's throw away from Greenford Quay and opposite to GBS Campus.
Property ID: RPS-22304
MAIN DETAILS
Investment for sale
Total rental income: £49,800 per annum
Ground floor restaurant leased at £18,600 per annum
Upper flats rental income: £31,200
Separate rear entrance for the flats
EPC rating: C
VAT: We have been informed that the property is not VAT elected
Guide price : £780,000
GROUND FLOOR & BUSINESS
Leased to Chicken Guys takeaway until October 2036 (Inside the Act)
Rent: £18,600/annum, subject to 3 yearly reviews with next review due in October 2027
Circa 807 sq. ft
UPPER PART
Separate entrance from the rear, the upper parts consist of a 2-bed & a 3-bed flat generating a rental income of £31,200 per annum.
First floor 2-bedroom flat with a kitchen & bathroom rented at £1,100 pcm.
Second floor a 3-bedroom flat with kitchen & bathroom and one ensuite bedroom in the loft rented at £1,500 pcm.
Each flat has its utility meters and council tax, hence the rental income is exclusive of any outgoing expenses.
THE LOCATION
Greenford Road
Nearby Campus of over 1,000 Students
Immediate units occupied by independent retailers
VIEWINGS & CONFIDENTIALITY
Strictly by appointment only.
DISCLAIMER
The above information is provided by the seller and are issued without responsibility on the part of the firm therefore are not to be relied upon as statements of facts. Any intending purchaser must satisfy themselves as to the correctness of each statement. The firm nor any of their employees have any authority to make or give, any representation or warranty whatever in relation to this property.
