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COMMERCIAL

Yeading Lane, Northolt, Middlesex, UB5

Guide Price
£2,800,000
Lawlors Estate Agents, Hayes
PROPERTY TYPE

Mixed Use

SIZE

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Key features

  • FREEHOLD PARADE COMPRISING OF
  • SIX INDIVIDUAL COMMERCIAL UNITS
  • THREE APARTMENTS
  • FREEHOLD INTEREST OF 15 ADDITIONAL APARTMENTS
  • LAND / YARD TO THE REAR ASPECT
  • DETACHED DOUBLE GARAGE
  • POTENTIAL FOR FURTHER DEVELOPMENT (S.T.P.P)
  • PRIME LOCATION
  • RARE INVESTMENT OPPORTUNITY
  • NO CHAIN

Description

Situated amidst the bustling Yeading White Hart junction, Lawlors are proud to present this unique opportunity to purchase a mix of commercial and residential units with the added potential for further development subject to the relevant planning consents.

Commercial
The site comprises of 6 freehold individual commercial units all currently and consistently let by way of a lease term. The businesses in occupation have been diligently selected to ensure no duplicate trade within the parade and comprise of a tool hire premises, hairdressers, bed outlet, off licence and a fast food establishment (occupying a double unit).

Residential
The sale incorporates three apartments to include 1 x one bedrooms and 2 x two bedroom properties. All of the properties are in fair decorative order and let to the occupying tenants by way of an Assured Shorthold Tenancy Agreement producing a regular income.

Freehold
Included with the sale is the freehold interest of 15 other apartments within the building, most of which are approaching a lease term of 60 years remaining and presenting the opportunity for additional income by way of lease extension options from the current leaseholders.

Land
To the rear of the parade is the private access yard servicing the commercial properties and offering off street parking for the residential units above which is also included within the sale. Situated on this is a standalone, detached double garage which offers the potential for conversion into a light commercial unit (s.t.p.p).

Development Potential
Subject to the relevant planning consents, there is the option for further development above the current residential units, conversion option of the detached garages into a light commercial unit as well as the potential for development in the rear yard.

The vibrant parade is located on the borders of Northolt, Ruislip, Hayes and Yeading in the shadows of the busy White Hart roundabout offering very convenient access to a wide range of amenities and transport links. The popular location is paramount in the popularity and demand of both the residential and commercial aspects of this site.

Early enquiries are highly recommended.

FREEHOLD PARADE COMPRISING OF
SIX INDIVIDUAL COMMERCIAL UNITS
THREE APARTMENTS
FREEHOLD INTEREST OF 15 ADDITIONAL APARTMENTS
LAND / YARD TO THE REAR ASPECT
DETACHED DOUBLE GARAGE
POTENTIAL FOR FURTHER DEVELOPMENT (S.T.P.P)
PRIME LOCATION
RARE INVESTMENT OPPORTUNITY
NO CHAIN

Yeading Lane, Northolt, Middlesex, UB5

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • South Ruislip Station1.5 miles
  • Northolt Station1.5 miles
  • Ruislip Gardens Station1.9 miles

About Lawlors Estate Agents, Hayes

Barclay House, 394 Uxbridge Road, Hayes, Middlesex, UB4 0SE
Industry affiliations:Industry affiliation logo 0Industry affiliation logo 1

Lawlors Estate Agents is Hayes’ premier professional Independent Agency, specialists in customer service & care and in eliminating your property stresses whether you are selling or renting your home. With our in house director, Gerard Lawlor, driving our company ethos, we put ourselves at the heart of our customers’ specific requirements. Our highly competitive sales fees of only 0.75% (plus vat) and our client-centric approach always ensures that your needs will be met with the highest level of service. Call now for your Free Professional Sales or Lettings Valuation.

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