141 The Vale, Uxbridge Road, London
Guide Price
£750,000
Business rates & charges may apply
- SIZE
Ask agent
- SECTOR
Mixed use property for sale
Key features
- High Yielding Mixed-Use Investment
- Retail Unit and Four Flats
- Fully Let to Separate Tenants
- Ground Floor Let to Morleys on a Lease Expiring 2039
- Upper Parts Let on ASTs
- Prominent Corner Pitch
- VAT-Free Investment
- Investment Let at £68,000 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 four flats to the upper parts. The property is fully let and producing a total income of £68,000 per annum.
The ground floor is let to Morleys, an established fast food retailer, on a lease expiring September 2039, offering a long unexpired lease term of 14 years, and paying £25,000 per annum.
The flats to the upper parts are let on residential tenancies and produce a combined rent of £43,000 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 four flats to the upper parts. The property is fully let and producing a total income of £68,000 per annum.
The ground floor is let to Morleys, an established fast food retailer, on a lease expiring September 2039, offering a long unexpired lease term of 14 years, and paying £25,000 per annum.
The flats to the upper parts are let on residential tenancies and produce a combined rent of £43,000 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.
141 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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