Guide price
£540,000
Retail premises for saleNorth Parade, North Road, Southall UB1
About this property
Investment Opportunity
Mixed Use
Freehold Property
Viewing Highly Recommended
Summary
For sale via secure sale online bidding - terms and conditions apply.
Retail Unit with Two-Bedroom Flat Above
Situated on the ever-popular North Road, Southall, this mixed-use investment property comprises a ground-floor retail unit with a spacious two-bedroom flat above.
North Road, Southall - Retail Unit with Two-Bedroom Flat Above
Total size: Approx. 1,400 sq ft
Generating income: 36,000 per annum - Potential to be vacant upon completion
Situated on the ever-popular North Road, Southall, this mixed-use investment property comprises a ground-floor retail unit with a spacious two-bedroom flat above, available immediately.
The retail unit is currently operating as a well-established butcher, forming part of the local community and benefiting from excellent footfall along this busy parade. The shop offers a generous retail area with a separate kitchen and WC to the rear.
The residential accommodation is accessed via a private rear entrance and provides well-proportioned living space. Both front and rear access points offer future redevelopment potential, including the possibility of adding a dormer or reconfiguring into two one-bedroom flats (subject to planning permission).
The property is ideally located with excellent transport links and easy access to the A40 and A4 motorways, making it attractive to both occupiers and investors.
Key Features:
- Mixed-use freehold investment
- Approx. 1,400 sq ft total area
- Generating 36,000 pa ( Short term Agreement)
- Established retail business on busy parade
- Two-bedroom flat with private entrance
- Redevelopment potential (STPP)
- Located within Ealing Borough Council
- Early viewings are highly recommended.
Description
An ground-floor retail unit with a spacious two-bedroom flat above.
Location
Situated on the ever-popular North Road, Southall.
Tenure
Title number NGL384207 - Freehold
EPC
Rating E
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 as The Auctioneer. This auction lot is being sold by either conditional (Modern) or unconditional (Traditional) auction terms and overseen by The Auctioneer. The method of auction sale and the applicable terms and conditions are found on the lot page of this property on The Auctioneers website. 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 to be shared between any marketing agent and The Auctioneer so that matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid, all bidders 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.
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 or Starting Bid. These prices are subject to change. An auction can be closed at any time, with The Auctioneer permitting the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this 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.
For sale via secure sale online bidding - terms and conditions apply.
Retail Unit with Two-Bedroom Flat Above
Situated on the ever-popular North Road, Southall, this mixed-use investment property comprises a ground-floor retail unit with a spacious two-bedroom flat above.
North Road, Southall - Retail Unit with Two-Bedroom Flat Above
Total size: Approx. 1,400 sq ft
Generating income: 36,000 per annum - Potential to be vacant upon completion
Situated on the ever-popular North Road, Southall, this mixed-use investment property comprises a ground-floor retail unit with a spacious two-bedroom flat above, available immediately.
The retail unit is currently operating as a well-established butcher, forming part of the local community and benefiting from excellent footfall along this busy parade. The shop offers a generous retail area with a separate kitchen and WC to the rear.
The residential accommodation is accessed via a private rear entrance and provides well-proportioned living space. Both front and rear access points offer future redevelopment potential, including the possibility of adding a dormer or reconfiguring into two one-bedroom flats (subject to planning permission).
The property is ideally located with excellent transport links and easy access to the A40 and A4 motorways, making it attractive to both occupiers and investors.
Key Features:
- Mixed-use freehold investment
- Approx. 1,400 sq ft total area
- Generating 36,000 pa ( Short term Agreement)
- Established retail business on busy parade
- Two-bedroom flat with private entrance
- Redevelopment potential (STPP)
- Located within Ealing Borough Council
- Early viewings are highly recommended.
Description
An ground-floor retail unit with a spacious two-bedroom flat above.
Location
Situated on the ever-popular North Road, Southall.
Tenure
Title number NGL384207 - Freehold
EPC
Rating E
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 as The Auctioneer. This auction lot is being sold by either conditional (Modern) or unconditional (Traditional) auction terms and overseen by The Auctioneer. The method of auction sale and the applicable terms and conditions are found on the lot page of this property on The Auctioneers website. 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 to be shared between any marketing agent and The Auctioneer so that matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid, all bidders 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.
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 or Starting Bid. These prices are subject to change. An auction can be closed at any time, with The Auctioneer permitting the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this 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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