Freehold Investment Opportunity: Mixed-Use Commercial and Residential Property on Prime South Road, Southall
Galaxy Real Estate are proud to offer the market this exceptional freehold investment which is located on the highly sought-after South Road in Southall, just steps from the vibrant Southall Broadway. The mixed-use property features a large commercial unit on the ground floor, currently leased to a prominent multinational travel agency. The commercial unit generates a solid rental income of £51,000 per annum, with 10 years remaining on the lease, offering a stable and secure revenue stream.
The upper floors consist of a licensed HMO (House in Multiple Occupation) across the first and second floors. The HMO comprises 5 spacious double en-suite bedrooms and 1 single en-suite bedroom, producing a current rental income of £48,000 per year. With potential for rent revisions, this could be increased to £60,000 per annum, providing excellent growth prospects for the investor.
Current total rental income : £99,000
Revised rental income : £111,000
The property is in excellent condition and presents a prime opportunity for both commercial and residential income. Located in the heart of Southall’s bustling shopping and dining district, it benefits from high foot traffic and demand, making it an ideal long-term investment.
The businesses will remain unaffected after the sale.
This property represents a rare opportunity to acquire a mixed commercial space in a thriving location. For further details or to arrange a viewing, please contact Daljit Kapoor of Galaxy Real Estate M: 07575758756 E: daljit@galaxyrealestate.co.uk Ph: 0208 004 1111
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Under the Property Misdescription Act 1991 we endeavour to make our sales details accurate and reliable but they should not be relied upon as statements or representations of fact and they do not constitute any part of an offer of contract. The seller does not make any representations to give any warranty in relation to the property and we have no authority to do so on behalf of the seller. Services, fittings and equipment referred to in the sales details have not been tested (unless otherwise stated) and no warranty can be given as to their condition. We strongly recommend that all the information which we provide about the property is verified by yourself or your advisers. Under the Estate Agency Act 1991 you will be required to give us financial information in order to verify you financial position before we can recommend any offer to the vendor.
South Road, Greater London, UB1