Guide price
£1,450,000
Property for saleSouth Road, Southall, Greater London UB1
1 bath
Freehold
About this property
Ideal for investment
Busy Parade
Close to Train Station
Three floors
Attractive Location
Freehold
Freehold Investment Opportunity: Mixed-Use Commercial and Residential Property on Prime' South Road, 'Southall
Galaxy Real Estate is proud to offer the market this exceptional freehold investment, which is located on the highly sought-after South Road in' 'Southall, just steps from the vibrant' 'Southall' 'Broadway. The mixed-use property features a large commercial unit on the ground floor, currently leased to a prominent multinational travel agency. The commercial unit generates a solid rental income of £51,000 per' 'annum, with 10 years remaining on the lease, offering a stable and secure revenue stream.
The upper floors consist of a licensed' 'HMO' '(House in Multiple Occupation) across the first and second floors. The' 'HMO' 'comprises 5 spacious double en-suite bedrooms and 1 single en-suite bedroom, producing a current rental income of £48,000 per year. All the compliances of HMO are still in place. The new owner has to apply for the renewal of the HMO licence in their own name, as the existing HMO is non-transferable. The investment comes with the potential for rent revisions; this could be increased to £60,000 per annum, providing excellent growth prospects for the investor.
Current total rental income: £99,000 per annum.
Revised rental income: £111,000 per annum.
The property is in excellent condition and presents a prime opportunity for both commercial and residential income. Located in the heart of' 'Southall-s' 'bustling shopping and dining district, it benefits from high foot traffic and demand, making it an ideal long-term investment.
The businesses will remain unaffected after the sale.
'This property represents a rare opportunity to acquire a mixed commercial space in a thriving location.'
''
For further details or to arrange a viewing, please contact Daljit Kapoor of
Galaxy Real Estate M: E: , Ph:
Galaxy Real Estate is proud to offer the market this exceptional freehold investment, which is located on the highly sought-after South Road in' 'Southall, just steps from the vibrant' 'Southall' 'Broadway. The mixed-use property features a large commercial unit on the ground floor, currently leased to a prominent multinational travel agency. The commercial unit generates a solid rental income of £51,000 per' 'annum, with 10 years remaining on the lease, offering a stable and secure revenue stream.
The upper floors consist of a licensed' 'HMO' '(House in Multiple Occupation) across the first and second floors. The' 'HMO' 'comprises 5 spacious double en-suite bedrooms and 1 single en-suite bedroom, producing a current rental income of £48,000 per year. All the compliances of HMO are still in place. The new owner has to apply for the renewal of the HMO licence in their own name, as the existing HMO is non-transferable. The investment comes with the potential for rent revisions; this could be increased to £60,000 per annum, providing excellent growth prospects for the investor.
Current total rental income: £99,000 per annum.
Revised rental income: £111,000 per annum.
The property is in excellent condition and presents a prime opportunity for both commercial and residential income. Located in the heart of' 'Southall-s' 'bustling shopping and dining district, it benefits from high foot traffic and demand, making it an ideal long-term investment.
The businesses will remain unaffected after the sale.
'This property represents a rare opportunity to acquire a mixed commercial space in a thriving location.'
''
For further details or to arrange a viewing, please contact Daljit Kapoor of
Galaxy Real Estate M: E: , Ph:
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