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7 Coldharbour Lane, Hayes, Middlesex, UB3 3EA
not specified / Retail
Withdrawn - Last updated: 27 August 2014
Freehold shop and upper part investment with potential to improve income with active management.
The ground floor shop is let to a popular local grocery. Self-contained upper part arranged as 4 rooms plus kitchen/diner bathroom and WC.
Terms
Grocery Let to ‘Mr Abdi Elmi Ahmed & Mr Abdulle Abdilkadir Sheikh’ for a term of 15 years from 1st January 2003. With 5 yearly rent reviews. £13,000 per annum (paid monthly)
Upperpart Let to ‘Mr Min’ on a 6 month assured shorthold tenancy from 4th September 2010 and now rolls on a periodic basis.
£850 pcm (£10,200 per annum)
TOTAL RENT RECEIVABLE £23,200 per annum
The freehold of the property is to be sold with the benefit of the tenancies.
£350,000 subject to contract and existing tenancies (No VAT).
Specification
- FREEHOLD SHOP AND SELF CONTAINED UPPER PART INVESTMENT
- POPULAR LOCAL GROCERY/BUTCHER ON GROUND FLOOR
- EPC RATING D
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