Cowley Road, Uxbridge, UB8

Commercial (uncategorised) ~ For saleReference ID: 1304

Description

DESCRIPTION

Freehold Investment For Sale in Cowley - London UB8
Ground Floor (Conveniance Store), 

Area
Gross Internal Area:  (750 sq.ft.)

Price
Offers in excess of £795,000 subject to contract

Property Description
The property comprises a ground floor detached retail unit (A1 Use) which is currently let to a private tenant at a rent
of £16,000 pa on an effectively full repairing and insuring lease for a term of 10 years from 2015, with
provision for a tenant only option to determine on 29th September 2025.

Changes to the property to enable the significant redevelopment works being carried out to the remainder of the ground
floor, upper parts and rear of the property.
Current rental income from upstairs of £15,000 per annum as the 2 Bedroom flat is let out on a AST.
Also, there is huge planning for 6 Flats as there is land to the rear which has had positive Pre App from the council. 

A copy of the Lease is available upon request.

> freehold investment in the Heart of Cowley. 
> Highly reversionary rent of £31,000 per annum
> Affluent and highly desirable West London location
> Vibrant shopping thoroughfare
> Excellent public transport links




This property is elected for VAT and therefore VAT is payable in respect of the price.

Legal Fees: Each party is to bear its own legal fees


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Information

Under the Property Misdescription Act 1991 we endeavour to make our sales details accurate and reliable but they should not be relied upon as statements or representations of fact and they do not constitute any part of an offer of contract. The seller does not make any representations to give any warranty in relation to the property and we have no authority to do so on behalf of the seller. Services, fittings and equipment referred to in the sales details have not been tested (unless otherwise stated) and no warranty can be given as to their condition. We strongly recommend that all the information which we provide about the property is verified by yourself or your advisers. Under the Estate Agency Act 1991 you will be required to give us financial information in order to verify you financial position before we can recommend any offer to the vendor.

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Contact agent

Sukheet
Galaxy Real Estate

Details about

Cowley Road, Middlesex, UB8

£795,000 PCM
(£183,462 PW)
  • Available date: 20 Jan 2020
  • Commercial (uncategorised)
  • 0 Reception
  • 1 Bathroom
  • Studio Bedroom
  • Garden: Yes
  • Parking: Yes
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