Freehold Investment with commercial use ground floor and basement & two, first and second floor 2 bed flats.
788 sq.ft retail / 821 sq.ft basement
We are pleased to offer this Freehold investment comprising a ground floor self- contained commercial bar with basement and, two first and second floor residential flats.
The building as recently been re-renovated by the current owner and is kept in good order throughout. The ground and basement is currently being occupied by a pub/wine bar tenant on a 5 year lease until 2027. Currently achieving £27,000per annum.
On the first floor there is a two bedroom flat measuring approximately 731 sq.ft, which is let on an AST agreement at £20,400 p.a. The second flat is also a two bed, measures approximately 619 sq.ft - this is let at £19,200 p.a. Both flats are accessed from a sperate front communal entrance directly off London Road.
Total Rental Income: £66,600 per annum.
Location
Located on the popular London Road, leading into Brentford High Street, which has undergone a huge regeneration programme, providing new homes, with an array of interesting shops, restaurants & cafes. Brentford Station is within a short walk only 0.4 miles away.
Accommodation
Total Size - 2,959 sq ft
Terms
Tenure: Freehold
Price/premium: £1,285,000
Legal fees: Each party to bear their own
Current use class: C3, SG
Use class until August 2020: C3, A4
Property Ref: 102739003537
Features
- Freehold Commercial
- Brentford High Street
- 2 X 2 Bedroom Apartments
- GRI £66,000 p.a.
- Newly Renovated
