Retail property (high street) for sale
Property description & features
- Tenure: Freehold
- Attractive part income-producing corner Freehold.
- Situated in a prominent location on Southall's prime pitch.
- Rear yard.
- Part built consented residential HMO development of upper parts, ideal for developers/ investors.
- Offers Are Invited For The Freehold Interest.
The property is an attractive period corner building with a significant rear yard.
The commercial element is fully let and comprises a restaurant over basement and ground floors (4-6 The Broadway) producing £75,000 pa and a further 5 lock-up units which produce £82,780 combined (total commercial income: £157,780).
The first and second floors are currently presented as a part-finished Development. Once built, the residential upper parts will comprise a 15-bedroom residential HMO.
Location
The property is located on The Broadway (A4020) Southall, at the corner of Lady Margret Road, within the London Borough of Ealing, strategically located c.5 miles north of Central London. Southall is a densely populated area of west London, closely bounded by Northolt to the north, Hanwell to the east, Heston to the south and Hayes to the west.
The Broadway benefits from strong local footfall and is the prime retail pitch for Southall, boasting numerous national covenants including Lloyd’s Bank, Superdrug, and Barclays. Southall Station is a short walk to the south of the property and provides National Rail and Underground services to Central London via the Elizabeth Line.
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