TypeRetail Investments
UB6 1288 / 1306 Greenford Road, Greenford
TenureFor sale
Specification
- Property type
- Property type Retail Investments
- Tenure
- Tenure For sale
Description
This 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.
FLOOR 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
TOTAL RENTAL INCOME £65,038 PA
Location
Prominent Freehold Investment of Two Properties For Sale situated on the busy Greenford Road.
