Commercial property for sale in King Street, Southall UB2
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Property features
- Substantial freehold three floor mixed use investment
- Comprising two retail units with two self-contained flats above
- Part let to Tesco Stores Ltd at a rental of £60,000 per annum
- 20 year term with 8 years unexpired to Tesco Stores Ltd with no break clause
- Total Rent Reserved £98,400 per annum with one flat vacant.
- By order of the Court Appointed Receiver Savvas Socratous C/o Alexander Lawson Surveyors
Property description
Strapline
Auction Sale - 24/09/2024
Substantial freehold three floor mixed use investment. Comprising two retail units with two self-contained flats above. Part let to Tesco Stores Ltd at a rental of £60,000 per annum.
Total Rent Reserved £98,400 per annum with one flat vacant.
Description
Three adjoining two storey mid terraced buildings, arranged as two ground floor retail units and two self-contained flats above (1 x 2 bed and 1 x 3 bed).
One of the retail units is a double unit let to Tesco with part first floor ancillary, whilst the other is let to a local beautician.
Location
Situated to the west side of King Street, close to the junction with Hammond Road.
Forming part of a well established retail parade. King Street is one of the principle shopping destinations in Southall.
Other nearby occupiers include an Estate Agents, A Pharmacist and a Post Office together with many other local restaurants and independent retailers.
Transport
Southall Station - Rail and Underground, Piccadilly Line
For more information about this property, please contact
Savills - National Auctions, W1G on +44 20 8022 4160 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Savills - National Auctions, and do not constitute property particulars. Please contact Savills - National Auctions for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.
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