Pay & Sleep, 4,5,6,7 The Crescent South Road Southall, Middlesex, UB1 1BE
- PROPERTY TYPE
House of Multiple Occupation
- SIZE
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Key features
- 79 bedrooms
- 37 with ensuite facilities
- Four buildings
- Close to Southall Rail Station
- Sub lease by negotiation
- EPC Rating: A
- Christie & Co Ref: 2440283
Description
There are 79 bedrooms and and the hostel is registered with an in date HMO license (112 people). The hostel has sue generis usage.
Pay & Sleep provides emergency temporary accommodation for those in need waiting to be placed into more permanent accommodation by the local authorities. Both homeless people and asylum seekers fall into this category and can be placed here. The owners are experienced operators who have been in place since 1985. Our client has invested heavily into the infrastructure of the business e.g. state-of-the-art fire alarm system, independent sprinkler system (280 heads throughout). Secure entrance doors, exits controlled, turnstiles and automatic fire escape doors.
Pay & Sleep is ideally situated a few minutes walk from Southall Station providing easy access to Central London (15-18 minutes) and Heathrow airport in circa 10 minutes. Southall town centre is a busy and vibrant area centered on the Broadway which is known for its South Asian food restaurants, fashion and retail businesses.
Internal DetailsThere are 37 ensuite rooms and 2 further bedrooms with with exclusive use of shower rooms on the mezzanine floor. The remaining 40 rooms are in the front block and have shared facilities (on floors 1, 2 and 3).
The letting accommodation is configured as follows:
24 single rooms
52 twin bedded rooms (doubles)
2/3 triple rooms
Room sizes can be provided upon request.
The buildings are monitored by CCTV in the office which is situated at the entrance to the hostel. There is a laundry room, two TV rooms/lounges and a dining room.
To the rear of the hostel there is a play area for everyone's use which the current owner and the London Borough of Ealing funded.
The OpportunityPay & Sleep is not just an established hostel - it is a proven sustainable business with longstanding partnerships in the private and public sectors. Operating since 1985, it holds an up to date HMO license and provides accommodation for a wide range of clients including local authorities, housing associations, charities and private guests. The opportunity provides a secure revenue base from repeat bookings and on going public sector referrals.
StaffThere is 24 hour security in the hostel at all times.
TenureThe current owner is looking to create a sub lease by negotiation for a minimum of 10 years.
Brochures
Mortgage Calculator- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent
Pay & Sleep, 4,5,6,7 The Crescent South Road Southall, Middlesex, UB1 1BE
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Visit our security centre to find out moreDisclaimer - Property reference 2440283-lh. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Christie & Co, Hotels. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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