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£495,000

High Street, Southall, UB1

  • 0 beds
Other

£495,000

  • 0 beds
Other
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Estimate monthly mortgage payment:

£2,260 per month

Minimum deposit amount:

£24,750
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Galaxy Real Estate are proud to offer the market this Freehold Mixed-Use Investment Opportunity which consists of a Commercial Retail unit and a one-bed flat on the first floor, located at High Street, Southall UB1. It is an excellent opportunity for investors, owner-occupiers, or developers.

Offered to the open market is this prominently located mixed-use freehold property, ideally positioned on the prime stretch of Southall High Street. The ground floor commercial unit was previously trading successfully as an off-license and convenience store, benefiting from high footfall, lottery sales, Oyster card services, and a loyal local customer base.

The property has been repossessed by the lender due to non-payment of a bridging loan and now presents an excellent opportunity for investors, owner-occupiers, or developers.

The ground floor shop requires full refurbishment but offers good scope for reopening as a convenience store, off-license, or alternative retail use (STPP). Deliveries can conveniently be made via the secure rear yard and back shutter door.

The first floor comprises a spacious one-bedroom flat with a separate kitchen and bathroom, accessed independently from the rear of the building through a secure gate and private yard.

Additionally, the freehold comes with potential for further development with the possibility to add a second floor (subject to obtaining the necessary planning consents).

Key Features:

Prime High Street location with strong passing trade

Ground floor retail unit with rear delivery access

First floor one-bedroom residential flat

Secure rear yard with gated access

Significant refurbishment opportunity

Potential for future development (STPP)

This is an attractive prospect for investors looking to add value through refurbishment and potential extension in a sought-after and vibrant area.

Viewing are strictly by appointment only.

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£2,260 per month
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Stamp Duty tax
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£3,500
Mortgage and legal costs:
£999
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