113 The Vale, Uxbridge Road, London
Guide Price
£475,000
Business rates & charges may apply
- SIZE
Ask agent
- SECTOR
Mixed use property for sale
Key features
- High Yielding Mixed-Use Investment
- Retail Unit and Five Flats
- Fully Let to Separate Tenants
- Ground Floor Let on a 20 Year Lease Expiring 23.06.2030
- Upper Parts Let on ASTs
- Asset Management Potential Via Improvement of Rents
- Prominent Corner Pitch
- VAT-Free Investment
- Investment Let at £43,000 p.a. (9% GIY on Guide Price)
Description
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 five flats to the upper parts. The property is fully let and producing a total income of £43,000 per annum.
The ground floor is let to a Cafe on a 20 year lease expiring 23.06.2030 and paying £15,000 per annum.
Two of the flats to the upper parts have been sold on a long leasehold basis, with the remaining three flats let on Assured Shorthold Tenancies (ASTs) and producing a combined rent of £28,000 per annum.
We consider the property benefits from asset management potential, with the opportunity to improve the retail rent in the upcoming 2026 rent review. We understand the rent has not been increased for the duration of the lease and consider the unit to be under rented, with nearby units let for £25,000 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.
Arranged across ground and three upper floors, the property comprises a ground floor retail unit with five flats to the upper parts. The property is fully let and producing a total income of £43,000 per annum.
The ground floor is let to a Cafe on a 20 year lease expiring 23.06.2030 and paying £15,000 per annum.
Two of the flats to the upper parts have been sold on a long leasehold basis, with the remaining three flats let on Assured Shorthold Tenancies (ASTs) and producing a combined rent of £28,000 per annum.
We consider the property benefits from asset management potential, with the opportunity to improve the retail rent in the upcoming 2026 rent review. We understand the rent has not been increased for the duration of the lease and consider the unit to be under rented, with nearby units let for £25,000 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.
113 The Vale, Uxbridge Road, London
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Acton Central Station0.4 miles
- East Acton Station0.8 miles
- Turnham Green Station0.8 miles
Notes
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