Retail premises for sale

South Road, Southall UB1

Location
Southall is a major West London suburb with a resident population of 318,000, situated within the London Borough of Ealing. Southall is 11 miles west of Central London and Heathrow Airport is 7 miles to the west. London Paddington is just 18 minutes by train.The property is situated in a prime retailing position on the high street, a short walk from Southall Railway station.

Description
The property is a ground floor retail shop with 3 bedroom flat / office space on the first floor. The property forms part of a busy parade of shops that makes it an excellent trading position.

Accommodation
The following breakdown indicates the area’s and dimensions of the unit:
Floor - description - area sqm - area sqft

Ground - Retail Shop - 124.66 sqm - 1341.34 sqft
Ground - Temp Wooden/ Corrugated Building - 173.54 sqm - 1867.29 sqft
3 bed flat
Total - 298.20 sqm - 3208.63 sqft

Amenities
A1 class use
3 Bed flat / office on the first floor
25 years lease remaining on ground floor from 2016
2 years lease remaining on the uppers
Ground floor rent £37,000 pa
First floor rent £16,800 pa
Total income £53,800 pa
Total Retail area of approximately 3208.63 sqft

terms
Tenure

Offers in the region of: £1,100,000 Plus
Rent

Ground floor rental £37,000 p.a.
First floor 3 Bed Flat/Offices rental £16,800p.a.
Total Income: £53,800
Lease

Ground floor - Let 25 years from 2016
First floor 3 Bed Flat/Offices - Let 2 years remaining

outgoings
Interested parties are advised to confirm the rating liability with the Local Authority on .