Guide price
£1,650,000
Industrial for saleGlade Lane, Southall UB2
About this property
7,384 sq ft of versatile commercial space
Three self-contained units
Situated in a vibrant and high-demand area
Vacant on possession
Summary
**Being sold via Secure Sale online bidding. Terms & Conditions apply**
Located in the heart of Southall, this prominent property benefits from exceptional foot traffic and outstanding visibilitymaking it an ideal opportunity for a wide range of business ventures and long-term investment.
Total Area: 7,384 sq ft of versatile commercial space
Flexible Layout: Intelligently divided into three self-contained units, allowing for multi-use operations or potential rental income
Prime Location: Situated in a vibrant and high-demand area, ideal for retail or other commercial use
Established Business: Currently operating as a well-established hardware store, offering immediate trading potential
Development Potential: Pre-planning discussions have taken place for the construction of a minimum of 8-15 residential flats on-site, significantly enhancing the long-term investment value
Tenure: Freehold
The property is for sale on vacant on possession
Please note we have not inspected the property.
Description
This is a fantastic opportunity to acquire a well-positioned commercial asset with strong income potential and scope for future development in one of West London's busiest commercial hubs.
Location
Located in the heart of Southall
Tenure
Freehold - x4 Titles;
- NGL452011
- NGL302989 - NGL538212
- NGL566106
EPC
Rating C
Additional Information
For further information please contact our office directly on , or alternatively via email on . With regards to viewing subject property, this is to be done strictly by appointment.
Auctioneers Additional Comments
Pattinson Auction are referred to below as The Auctioneer. This auction lot is being sold under either conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between any marketing agent and The Auctioneer so that all matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid on any property marketed by The Auctioneer, all bidders buyers must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure aml procedures are carried out in accordance with the law
Auctioneers Additional Comments
The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the Guide Price, Starting Bid. These prices are subject to change. An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers obligations and sellers commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts, the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (Subject to a minimum fee which could be up to 7,200 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and the Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.
**Being sold via Secure Sale online bidding. Terms & Conditions apply**
Located in the heart of Southall, this prominent property benefits from exceptional foot traffic and outstanding visibilitymaking it an ideal opportunity for a wide range of business ventures and long-term investment.
Total Area: 7,384 sq ft of versatile commercial space
Flexible Layout: Intelligently divided into three self-contained units, allowing for multi-use operations or potential rental income
Prime Location: Situated in a vibrant and high-demand area, ideal for retail or other commercial use
Established Business: Currently operating as a well-established hardware store, offering immediate trading potential
Development Potential: Pre-planning discussions have taken place for the construction of a minimum of 8-15 residential flats on-site, significantly enhancing the long-term investment value
Tenure: Freehold
The property is for sale on vacant on possession
Please note we have not inspected the property.
Description
This is a fantastic opportunity to acquire a well-positioned commercial asset with strong income potential and scope for future development in one of West London's busiest commercial hubs.
Location
Located in the heart of Southall
Tenure
Freehold - x4 Titles;
- NGL452011
- NGL302989 - NGL538212
- NGL566106
EPC
Rating C
Additional Information
For further information please contact our office directly on , or alternatively via email on . With regards to viewing subject property, this is to be done strictly by appointment.
Auctioneers Additional Comments
Pattinson Auction are referred to below as The Auctioneer. This auction lot is being sold under either conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between any marketing agent and The Auctioneer so that all matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid on any property marketed by The Auctioneer, all bidders buyers must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure aml procedures are carried out in accordance with the law
Auctioneers Additional Comments
The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the Guide Price, Starting Bid. These prices are subject to change. An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers obligations and sellers commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts, the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (Subject to a minimum fee which could be up to 7,200 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and the Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.
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