Withdrawn
Withdrawn Prior
Sold
Sold Prior
Sold Post
The property comprises a high yielding mixed-use investment occupying a prominent corner pitch on an established high footfall street.
Arranged across ground and three upper floors, the property comprises a ground floor retail unit with a flat to the rear, plus four flats to the upper parts. The property is fully let and producing a total income of £78,842 per annum.
The ground floor is let to a private individual t/a Morleys, an established fast food retailer, on a lease expiring 18.09.2039, offering a long unexpired lease term of 14 years, and paying £25,000 per annum. The lease also includes two flats to the rear and first floors which is let to the tenant under the commercial lease, the first floor flat is rentalised at £13,200 per annum whilst the rear ground floor flat is included within the commercial unit rent.
The remaining flats to the upper parts are let on residential tenancies and produce a combined rent of £40,642 per annum.
The property occupies a prominent corner pitch fronting Uxbridge Road, a principal arterial route benefitting from high levels of footfall. The surrounding area is characterised by similar mixed uses.
Tenure
Freehold
Tenancy
Please see the accommodation and tenancy schedule below.
Rent
Notes
Please note Savills have not internally inspected the property. All drawings, plans, photographs and areas are for illustrative purposes only and are not to be relied upon. Please review the legal pack.