Property photos
£1,650,000
(£1,775,000.00/sq. ft)
Retail premises for sale
Greenford Road, Greenford UB6, Greenford,500 sq. ft
Local area information
Property location
Nearby amenities
- Mandeville School (SEN) 0.2 miles
- Horsenden Primary School 0.2 miles
- Sudbury Hill 0.5 miles
- Greenford 0.6 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
***new instruction - freehold investment for sale***
Ferrari Dewe are pleased to offer this prominent Freehold Investment of Three Properties For Sale situated on the busy Greenford Road.
Description / Accommodation Of 1288 / 1306 Greenford RoadThis Freehold Investment with development potential comprising of a ground floor retail premises (1288 Greenford Road) which has been let to Coral (now Ladbrokes). Coral occupy nearly all of the ground floor, only a rear office area is retained by the Freeholder which is accessed from the rear service road and is now converted to a self contained studio unit.
Above the ground floor betting shop is a converted 3 bedroom flat. This conversion now provides:
A staircase to the first floor, the front door to this area is located to the rear of the property via a pathway from the rear service road. To the top of the entrance stairs is a small lobby with 2 x fire doors.
The right hand door leads to a self contained studio flat which offers shower room and WC, kitchenette cooking facility and dining area, a separate living / sleeping area is adjacent with two separate window apertures to the front elevation looking over Greenford Road. The room is bright and generous in size and set out in an open plan fashion.
Returning to the stair lobby, leads to the remaining section of the original first floor landing. Shared fully fitted kitchen providing cooking facilities to the top floor rooms. Central heating is provided to the entire first and second floor accommodation. Wash room for shared use. An asphalted rear roof terrace for occupants to use during summer.
Stairs leading to the Top floor which offer three rooms, each room is Let separately and house long term male tenants.
Externally, there is a rear service road, the area of service road to the rear of the joint title 1288 / 1306, is the responsibility of the shop owner.
Description / Accommodation Of Yard To Rear Of 1288 Greenford RoadThe third property known as 'Land to the rear of 1288 Greenford Road' - offers an open yard area of 2,525 sq ft approximately, used for Storage with a Block built secure Stores with double doors, the yard perimeter is secured with palisade galvanised fencing and a large double gated entrance.
As shown on the adjacent photograph, a two storey brick built building has been constructed, currently trading as Elm Tree Surgery. This Land / Yard premises offers any purchaser a development opportunity subject to planning consents.
Tenancyfloor tenant rent per annum
Top Floor Mr V Ward £11,078.16 Top Floor Mr C Ward £ 6,600.00
Top Floor Mr P Neale £ 6,000.00 First Floor Ms A Kachel / Mr Paszek £11,460.00
Rear Studio £ 9,900.00
Ground Shop Coral £20,000.00
Rear Yard Mr A Khelegi £16,800.00
total rental income £81,838.16 pa
TermsOur client is seeking a price in the order of £1.775M (One Million Seven Hundred Seventy Five Thousand Pounds) plus VAT if applicable for this Freehold Investment for sale subject to the current tenancies and income as stated above, subject to contract.
Business Rates & Service ChargesBusiness rates - each tenant is responsible for their own costs and outgoings.
Service charge - we understand there are no charges payable.
ViewingsFor further information or to arrange a viewing, please contact Ferrari Dewe on Tel: Ext 223.
Contact: Steve Keenan
Email:
EpcAvailable upon request.
These particulars are only a guide. They are not exact or guaranteed. Property offered subject to contract.
Ferrari Dewe are pleased to offer this prominent Freehold Investment of Three Properties For Sale situated on the busy Greenford Road.
Description / Accommodation Of 1288 / 1306 Greenford RoadThis Freehold Investment with development potential comprising of a ground floor retail premises (1288 Greenford Road) which has been let to Coral (now Ladbrokes). Coral occupy nearly all of the ground floor, only a rear office area is retained by the Freeholder which is accessed from the rear service road and is now converted to a self contained studio unit.
Above the ground floor betting shop is a converted 3 bedroom flat. This conversion now provides:
A staircase to the first floor, the front door to this area is located to the rear of the property via a pathway from the rear service road. To the top of the entrance stairs is a small lobby with 2 x fire doors.
The right hand door leads to a self contained studio flat which offers shower room and WC, kitchenette cooking facility and dining area, a separate living / sleeping area is adjacent with two separate window apertures to the front elevation looking over Greenford Road. The room is bright and generous in size and set out in an open plan fashion.
Returning to the stair lobby, leads to the remaining section of the original first floor landing. Shared fully fitted kitchen providing cooking facilities to the top floor rooms. Central heating is provided to the entire first and second floor accommodation. Wash room for shared use. An asphalted rear roof terrace for occupants to use during summer.
Stairs leading to the Top floor which offer three rooms, each room is Let separately and house long term male tenants.
Externally, there is a rear service road, the area of service road to the rear of the joint title 1288 / 1306, is the responsibility of the shop owner.
Description / Accommodation Of Yard To Rear Of 1288 Greenford RoadThe third property known as 'Land to the rear of 1288 Greenford Road' - offers an open yard area of 2,525 sq ft approximately, used for Storage with a Block built secure Stores with double doors, the yard perimeter is secured with palisade galvanised fencing and a large double gated entrance.
As shown on the adjacent photograph, a two storey brick built building has been constructed, currently trading as Elm Tree Surgery. This Land / Yard premises offers any purchaser a development opportunity subject to planning consents.
Tenancyfloor tenant rent per annum
Top Floor Mr V Ward £11,078.16 Top Floor Mr C Ward £ 6,600.00
Top Floor Mr P Neale £ 6,000.00 First Floor Ms A Kachel / Mr Paszek £11,460.00
Rear Studio £ 9,900.00
Ground Shop Coral £20,000.00
Rear Yard Mr A Khelegi £16,800.00
total rental income £81,838.16 pa
TermsOur client is seeking a price in the order of £1.775M (One Million Seven Hundred Seventy Five Thousand Pounds) plus VAT if applicable for this Freehold Investment for sale subject to the current tenancies and income as stated above, subject to contract.
Business Rates & Service ChargesBusiness rates - each tenant is responsible for their own costs and outgoings.
Service charge - we understand there are no charges payable.
ViewingsFor further information or to arrange a viewing, please contact Ferrari Dewe on Tel: Ext 223.
Contact: Steve Keenan
Email:
EpcAvailable upon request.
These particulars are only a guide. They are not exact or guaranteed. Property offered subject to contract.
There are some planning applications within 0.5 miles of this home
Assess how they might enhance or detract from this home’s value.
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Ferrari Dewe & Co
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Property descriptions and related information displayed on this page are marketing materials provided by - Ferrari Dewe & Co. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Ferrari Dewe & Co for full details and further information.