Description

The property is a ground floor retail shop with 3 bedroom flat / office space on the first floor. The property forms part of a busy parade of shops that makes it an excellent trading position.

Gallery

Accomodation

The following table shows the breakdown of area and dimensions of the unit:

DESCRIPTION FLOOR AREA sqm AREA sqft
Ground Floor Retail Area 124.66 1341.34
Ground Temp wooden/ corrugated building 173.54 1867.29
First Floor 3 bed flat/ office space
Total 298.20 3208.63

Key Features

  • 2 years lease remaining on the uppers
  • 25 years lease remaining on ground floor from 2016
  • 3 Bed flat / office on the first floor
  • A1 class use
  • First floor rent £16800 pa
  • Ground floor rent £ 37000 pa
  • Total income £ 53800 pa
  • Total Retail area of approximately 3208.63 sqft

Location

Southall is a major West London suburb with a resident population of 318,000, situated within the London Borough of Ealing. Southall is 11 miles west of Central London and Heathrow Airport is 7 miles to the west. London Paddington is just 18 minutes by train. The property is situated in a prime retailing position on the high street, a short walk from Southall Railway station.

Business Rates

Interested parties are advised to confirm the rating liability with the Local Authority on 020 8825 7020.

Tenure

Offers in the region of: £1,100,000 Plus

RENT

Ground floor rental £37,000 p.a.
First floor 3 Bed Flat/Offices rental £16,800p.a.
Total Income: £53,800

LEASE

Ground floor - Let 25 years from 2016