The property is situated in a prime position on Uxbridge Road in the ever popular Ealing Broadway. Located within one minutes' walk to Ealing Broadway station which gives a busy commuter quick access into central London and Heathrow. The local area will be benefitting from the Crossrail effect with the new Elizabeth Line due to open in 2019. There is a whole array of well know high street retailers, bars and restaurants within a stone's throw.
Rarely available Freehold Mixed Use premises. This investment opportunity consists of a commercial ground floor unit occupied by Paddy Power, who have a 25 year lease from 2004 with rent review in 2019, currently paying £45,000 per annum and two flats above. One bedroom flat is currently rented out for £1,300 a month and two bedroom flat is rented out for £1,600 a month. Combined return is £79,800. With rent review coming up next year the vendor is confident there will be substantial rent increase for the commercial unit. Further benefits include 2 off street parking spaces for the flats. There is also further scope to extend (STTC).
Commercial ground floor unit with a basement: 339 Sq m / 3,652 Sq ft.
One bedroom flat above.
Two bedroom flat above.
All measurements used in calculating areas are correct to the nearest six inches.
Interested parties are advised to make their own enquiries in respect of planning proposals if any change of use is envisaged.
All figures are deemed exclusive of Vat where applicable.
Interested parties are advised to make their own enquiries in respect of business rates with London Borough of Ealing Council.
Legal Costs -
Each party to bear their own legal costs incurred in this transaction.
Viewing arrangements -
Strictly by appointment with the agent.