Property Address 1288 / 1306 /1306C Greenford Road, Greenford, UB6 0HH
Rare Opportunity to Purchase this Very Lucrative and Substantial FREEHOLD INVESTMENT of Residential and Commercial Units. Combined 4 Units potential for the current Rental amounts to be Increased for all the 4 Units.
-Tenants in Situ.
-HMO Licensed for a maximum of 6 people living as 4 households.
-Full Compliance of Fire Regulations.
-Access to the First Floor Studio Flat and the Rooms/Communal Area, is via the Rear Service Road, and a Staircase from a walkway leading off behind the parade of shops.
-Very well thought out in layout and cleverly designed, the First Floor Studio is spacious and bright. With the combined Lounge/Bedroom area overlooking Greenford Road, this Studio Flat is Open Plan with a breakfast Bar between the Lounge/Bedroom area and the Kitchen/Dining area, with room for a Dining Table and chairs, which is most unusual for a Studio Apartment.
This main kitchen/dining area has ample worktop space, a cooker, kitchen extractor fan, under counter refrigerator, and kitchen cupboards.
An opening from the Kitchen/Dining Room leads to a Kitchenette area with yet more kitchen cupboards, a kitchen basin, and more countertop space. The Kitchenette leads to a good size shower room and WC.
-The Top Floors Rented Property/Rooms (located on the 1st and 2nd Floors) and respective Communal Areas are accessed from the 1st Floor stair lobby, which leads to the fully working Communal kitchen (shared Washing Machine, Oven, Hob, Refrigerator, Kitchen Cupboards) and Food preparation area, and a further stairwell to the Rooms, and a Communal Bathroom.
-Central Heating is provided to the entire first and second floor Accommodation.
Commercial
-1288 Greenford Road, UB6 0HH. Substantial Commercial Ground Floor Retail premises presently Let to a leading Bookmaker.
-Access to the Retail premises is from Greenford Road.
-1306C Greenford Road, UB6 0HH. Commercial Storage/Office Ground Floor Unit.
-The external Ground Floor Storage/Office Unit is compact yet Open Plan with the workspace leading onto the Kitchenette which houses a Washing Machine, a Fridge Freezer, an Electric Hob, and an Electric Oven, and has an adjacent Shower Room/WC.
-Access to the Ground Floor Storage/Office Unit is from a service road behind the local shops off of Horsenden Lane North.
Conveniently located near the A40 motorway and only a short commute to London from the Sudbury Hill and the Greenford Underground and National Rail Stations, this property is conveniently located, ideal for those commuting to and from London or surrounding areas daily.
Situated close to the Greenford Quay/Lock Regeneration Development with exciting new Retail & Leisure Facilities, ongoing Redevelopment of the Canal area will generate to where this Building is, and there is potential for the current Rental amounts to be increased for all the 4 units.
With Horsenden Hill Conservation Park nearby and located just minutes away from the popular Greenford Quay area which hosts special events, such as a Farmer's Market, world-class street food, live music, and is near to Westway Shopping Centre home to a Marks & Spencer, Lidl and more.
Very close to Two Underground and Overground Stations, Bus Stops, and local Established Shops, interested parties are welcome to contact this office for Rental Income details (an attractive yield at approximately 7%).
Substantial Redevelopment of the Canal area will generate to where this Building is!
Terms
The asking price of this Rare Freehold Combined Property Investment is £1,100,000.00 (One Million One Hundred Thousand Pounds) plus VAT, if applicable, for this Freehold Investment for sale subject to the current tenancies and income as stated above, subject to contract.
Business Rates & Service Charges
Business Rates
For the Residential properties, Gas, Electricity, Council Tax and Water Rates are included in the Rent.
The Retail Occupiers and the Storage/Office Unit (currently vacant) are responsible for their own Business Rates and outgoings.
Service charge: There are no charges payable.
Viewings
For further information or to arrange a viewing, please contact Russell Owen LLB Hons directly or by email info@dmandco.london
Please note, the particulars detailed above are only a guide. They are neither exact nor guaranteed.
The property offered Subject to Contract.