Greenford Road, Greenford, Middlesex, UB6
£875,000
£400.27 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
2,186 sq ft
203 sq m
- SECTOR
Commercial property for sale
- USE CLASSUse class orders: A1 Shops, A3 Restaurants and Cafes, B1 Business, C1 Hotels and Class E
A1, A3, B1, C1, E
Key features
- Freehold restaurant with upper for sale
- Restaurant tenant open to selling hence can be bought in vacant possession
- Spread over ground, first & second floor
- Separate rear entrance for the flats
- Sideroad shared delivery access for the restaurant
- Restaurant circa 686 sq. ft with 36 covers with gas, extraction & licence in place
- EPC rating: C
Description
Freehold Restaurant for Sale in Greenford with 5-Bed Flat.
Freehold restaurant property for sale in Greenford Road, offering excellent owner-occupier opportunity. The building consists of a ground floor restaurant/cafe unit with circa 686 sq.ft, currently leased with a rental income of £18,600/annum, alongside a 5-bed flat above generating £31,200 per annum, hence producing a total rental income of £49,800/annum.
Situated in an upcoming vibrant parade in Greenford Road with multiple independent retailers, the property is stones throw away from Greenford Quay and opposite to GBS Campus.
The current ground floor tenant is open to selling the lease/business hence, the property is ideal for those looking to run their own food business while benefiting from steady rental returns. In our opinion, due to the increased demand in the area, the flat rent can be increased to achieve higher income.
Property ID: RPS-22304
MAIN DETAILS
Freehold restaurant with upper for sale
Restaurant tenant open to selling hence can be bought in vacant possession
Spread over ground, first & second floor
Separate rear entrance for the flats
Sideroad shared delivery access for the restaurant
Restaurant circa 686 sq. ft with 36 covers with gas, extraction & licence in place
EPC rating: C
Guide price : £875,000 (Property & the lease)
GROUND FLOOR & BUSINESS
Tenant open to selling the lease hence can be bought as vacant possession
Leased to Crispy Dosa restaurant until October 2036 (Inside the Act)
Rent: £18,600/annum, subject to 3 yearly review with next review in October 2027
Partially fitted restaurant
Circa 686 sq. ft with 36 covers
Benefits from extraction & gas
Premises licence in place
Permitted Hours: 10am till 11pm
We have been informed the restaurant is closed temporarily and most recent trading generating an average revenue of £3,000 per week.
UPPER PART
The upper parts consists of a 5 bedroom flat producing a rental income of £31,200 per annum. Please note, we have not measured the upper parts and sizes are only for guidance purposes.
First floor, circa 650 sq. ft with 2 bedroom flat with a kitchen & bathroom
Second floor with loft, circa 850 sq. ft: 3 bedroom flat with kitchen & bathroom and one ensuite bedroom in the loft
Separate entrance from the rear of the property
Current rental income: £31,200 PAX
THE LOCATION
Greenford Road, UB6
Nearby Campus of over 1,000 Students
Street Car Park Available
Immediate units occupied by independent retailers
VIEWINGS & CONFIDENTIALITY
Strictly through Restaurant Property Sellers only. By using our website, you agree with our Terms & Conditions.
DISCLAIMER
The above information is provided by the seller and are issued without responsibility on the part of the firm therefore are not to be relied upon as statements of facts. Any intending purchaser must satisfy themselves as to the correctness of each statement. The firm nor any of their employees have any authority to make or give, any representation or warranty whatever in relation to this property.
Freehold restaurant property for sale in Greenford Road, offering excellent owner-occupier opportunity. The building consists of a ground floor restaurant/cafe unit with circa 686 sq.ft, currently leased with a rental income of £18,600/annum, alongside a 5-bed flat above generating £31,200 per annum, hence producing a total rental income of £49,800/annum.
Situated in an upcoming vibrant parade in Greenford Road with multiple independent retailers, the property is stones throw away from Greenford Quay and opposite to GBS Campus.
The current ground floor tenant is open to selling the lease/business hence, the property is ideal for those looking to run their own food business while benefiting from steady rental returns. In our opinion, due to the increased demand in the area, the flat rent can be increased to achieve higher income.
Property ID: RPS-22304
MAIN DETAILS
Freehold restaurant with upper for sale
Restaurant tenant open to selling hence can be bought in vacant possession
Spread over ground, first & second floor
Separate rear entrance for the flats
Sideroad shared delivery access for the restaurant
Restaurant circa 686 sq. ft with 36 covers with gas, extraction & licence in place
EPC rating: C
Guide price : £875,000 (Property & the lease)
GROUND FLOOR & BUSINESS
Tenant open to selling the lease hence can be bought as vacant possession
Leased to Crispy Dosa restaurant until October 2036 (Inside the Act)
Rent: £18,600/annum, subject to 3 yearly review with next review in October 2027
Partially fitted restaurant
Circa 686 sq. ft with 36 covers
Benefits from extraction & gas
Premises licence in place
Permitted Hours: 10am till 11pm
We have been informed the restaurant is closed temporarily and most recent trading generating an average revenue of £3,000 per week.
UPPER PART
The upper parts consists of a 5 bedroom flat producing a rental income of £31,200 per annum. Please note, we have not measured the upper parts and sizes are only for guidance purposes.
First floor, circa 650 sq. ft with 2 bedroom flat with a kitchen & bathroom
Second floor with loft, circa 850 sq. ft: 3 bedroom flat with kitchen & bathroom and one ensuite bedroom in the loft
Separate entrance from the rear of the property
Current rental income: £31,200 PAX
THE LOCATION
Greenford Road, UB6
Nearby Campus of over 1,000 Students
Street Car Park Available
Immediate units occupied by independent retailers
VIEWINGS & CONFIDENTIALITY
Strictly through Restaurant Property Sellers only. By using our website, you agree with our Terms & Conditions.
DISCLAIMER
The above information is provided by the seller and are issued without responsibility on the part of the firm therefore are not to be relied upon as statements of facts. Any intending purchaser must satisfy themselves as to the correctness of each statement. The firm nor any of their employees have any authority to make or give, any representation or warranty whatever in relation to this property.
About Restaurant Property Sellers, Ealing
Suite 107, Boundary House, Boston Manor Rd, Ealing, United Kingdom, W7 2QENotes
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