£350,000
(£396.38/sq. ft)
Retail premises for sale75 - 77 Uxbridge Road, Stanmore HA7
883 sq. ft
Back to market
Freehold
About this property
Excellent owner occupier or investor opportunity
Erv of ground floor £25,000 per annum
Upper parts sold off on a 125 year lease (83 years unexpired)
Fully fitted takeaway / restaurant
Prominent position on the Uxbridge Road in Stanmore
Estimated Rates Payable: £8053.5
Description
The building comprises of a ground floor, fully fitted takeaway / restaurant with residential upper parts. The ground floor was previously used as a successful Fish & Chip shop and benefits from a fully fitted cooker, extraction system, and hot counter.
The building provides an excellent opportunity for an owner occupier or investor looking to generate income from the ground floor and possibly acquire the residential uppers or extend the existing lease in due course.
The residential upper parts, 77 Uxbridge Road, are held on a 125-year lease from 1983, benefiting from a ground rent of £35.00 per annum, increasing by £35.00 every 25 years. A copy of the residential lease is available upon request.
Location
The property is prominently located on Uxbridge Road in Stanmore, approximately 0.9 miles from Stanmore Town Centre and 1.4 miles from Stanmore Underground Station which is served by the Jubilee Line. The roundabout adjacent to the property provides direct access to Hatch End via Uxbridge Road where there are an abundance of restaurants. Kenton Lane is also accessible from this junction.
The building comprises of a ground floor, fully fitted takeaway / restaurant with residential upper parts. The ground floor was previously used as a successful Fish & Chip shop and benefits from a fully fitted cooker, extraction system, and hot counter.
The building provides an excellent opportunity for an owner occupier or investor looking to generate income from the ground floor and possibly acquire the residential uppers or extend the existing lease in due course.
The residential upper parts, 77 Uxbridge Road, are held on a 125-year lease from 1983, benefiting from a ground rent of £35.00 per annum, increasing by £35.00 every 25 years. A copy of the residential lease is available upon request.
Location
The property is prominently located on Uxbridge Road in Stanmore, approximately 0.9 miles from Stanmore Town Centre and 1.4 miles from Stanmore Underground Station which is served by the Jubilee Line. The roundabout adjacent to the property provides direct access to Hatch End via Uxbridge Road where there are an abundance of restaurants. Kenton Lane is also accessible from this junction.
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