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411 Greenford Rd 2,037 sq ft Retail Property Greenford UB6 8RF £795,000 (£390.28/sq ft)
INVESTMENT HIGHLIGHTS
- Great transport links being a short distance from the A40
- Prominent location in the centre of Greenford
- Recently refurbished
EXECUTIVE SUMMARY
Offers are sought in the region of £795,000 plus VAT subject to the leases.
Offers are sought in the region of £860,000 plus VAT with vacant possession.
The ground floor is being used as a Launderette. The owner of the property is happy to take a new effective full repairing and insuring lease for a term of 20 years with 5 yearly upward only rent reviews at £21,600 per annum exclusive.
The owner of the property is happy to take a new one-year license on the flat at £21,600 per annum exclusive.
Therefore, a total rent of £43,200 per annum exclusive.
Alternatively, the building can be sold with vacant possession.
Offers are sought in the region of £860,000 plus VAT with vacant possession.
The ground floor is being used as a Launderette. The owner of the property is happy to take a new effective full repairing and insuring lease for a term of 20 years with 5 yearly upward only rent reviews at £21,600 per annum exclusive.
The owner of the property is happy to take a new one-year license on the flat at £21,600 per annum exclusive.
Therefore, a total rent of £43,200 per annum exclusive.
Alternatively, the building can be sold with vacant possession.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront
Property Size
2,037 sq ft
Costar Property Class
B
Year Built
1950
Price
£795,000
Price per sq ft
£390.28
Tenancy
Single
Number of Floors
3
Plot ratio
1.40
Total Plot Size
0.03 ac
Frontage
17 ft on Greenford Road
AMENITIES
- Signage
- EPC - C
- Storage Space
MAJOR TENANTS
- TENANT
- INDUSTRY
- sq ft OCCUPIED
- RENT/sq ft
- LEASE END
- Clean Laundry & Drycleaners Ltd
- -
- 1,004 sq ft
- -
- Oct 2040
| TENANT | INDUSTRY | sq ft OCCUPIED | RENT/sq ft | LEASE END | ||
| Clean Laundry & Drycleaners Ltd | - | 1,004 sq ft | - | Oct 2040 |
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411 Greenford Rd
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