A2 and C3 FREEHOLD Commercial and Residential FOR SALE 1288/1306/ 1306C/ Rear of 1306C Greenford Road, Greenford, UB6

5 Bedrooms 0 Bathrooms 0 Receptions
£1,650,000 Sale by Tender
Available

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Very Lucrative Substantial FREEHOLD INVESTMENT FOR SALE.

Located very close to the newly Constructed GREENFORD QUAYS Development with Exciting new Retail & Leisure Facilities. On the Yard, Application has been made for Two Commercial and Two Residential self Contained Units to be constructed. To the Rear of the Main Building is potential for substantial Extensions to be made to all 4 Floors. Once completed, the Rents received would be dramatically increased!

Located very close to the newly Constructed GREENFORD QUAYS Development with Exciting new Retail & Leisure Facilities.

Also Very close to Two Underground and Overground Stations, Bus Stops and local Established Shops, in fact, this Substantial 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 5 units.
Presently the Total Per Annum Rental Income is £81,538.16 (see below for rental income breakdown).

This Package includes Tenants in Situ of Two Studio flats, both being completely self-contained with their own Kitchen/Bathroom and also Three Rooms with shared Communal Areas of Kitchen, Bathroom, and Rear Roof Terrace, and Substantial Commercial Ground Floor Retail premises presently Let to a leading Bookmaker, and a Commercial Storage Yard.

Comprising of Retail and Residential Premises at 1288 Greenford Road, Residential Property 1306 Greenford Road and 1306C Greenford Road, and Rear of 1306C Greenford Road, Greenford, UB6 0HH:

THE YARD at the Rear of 1306C Greenford Road,UB6 0HH is a Commercial Yard presently used for Storage Only. The Yard is Gated, with outdoor storage area, and is accessible from a service road behind the local shops off of Horsenden Lane North. Conveniently located near the A40 motorway.

1288 Greenford Road, UB6 0HH
Ground Floor Large Shop and Separate Studio Flat, and Three Rooms and a First Floor Studio Flat, 1306 Greenford Road, UB6 0HH

Access to the Ground Floor and 1st Floor Studio Flats and the Rooms/Communal Area, is via the rear service road and a staircase from a walkway leading off behind the parade of shops.

The 1st Floor Studio is bright, airy, and very well thought out in layout, such is the spaciousness of this fine property.

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 (specific to each Rented Room) and Food preparation area, and further stairwell to the Rooms, and Communal Bathroom.

Central heating is provided to the entire first and second floor accommodation.

The external Ground Floor Studio is directly accessible from the Rear Service Road. The Open Plan of the spacious Studio, with Living/Sleeping area (adjacent to the Ensuite Shower Room), opens onto the Kitchenette which houses a Washing Machine, Fridge Freezer, Electric Hob and Electric Oven.

The Living area has a breakfast bar running along the lounge wall.

Total Per Annum Rental Income is £81,538.16
The Yard £16,500 per annum
Floor tenant rent per annum
Top Floor £11,078.16
Top Floor £6,600.00
Top Floor £6,000.00
First Floor Studio £11,460.00
Ground Floor Studio £ 9,900.00
Ground Shop Coral £20,000.00

Terms
The asking price of this Rare Freehold Combined Property Investment is £1,650,000.00 (One Million Six Hundred Fifty 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 and Commercial Yard Occupiers 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.

DM&Co, Synonymous with Competitive Rates, Integrity and Success!

DM& Co is Proud to Inform you we now offer both Residential and Commercial Sales Services, to complement our Trusted Lettings and Management Services, due to popular demand.

After working in the area for over 21 years we are delighted to launch our New Residential and Commercial Sales Department.

DM & Co differ from other Lettings and Estate Agents on so many levels, not least due to the Bespoke Service we provide each time!

Friendly yet Consistently Professional, our aim is to maintain and nurture our Business Relationship with Clients.

Rent, Let, Buy and Sell through DM&Co

Property Features

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