Summary

Property Type Investment / Retail
Tenure For Sale
Size 883 sq ft
Price £350,000
Rates Payable £8,053.50 per annum
EPC Rating This property has been graded as C
  • Excellent owner occupier or investor opportunity
  • ERV of ground floor £25,000 per annum
  • Upper parts sold off on a 125 year lease (83 years unexpired)
  • Fully fitted takeaway / restaurant
  • Prominent position on the Uxbridge Road in Stanmore

About

The building comprises of a ground floor, fully fitted takeaway / restaurant with residential upper parts. The ground floor was previously used as a successful Fish & Chip shop and benefits from a fully fitted cooker, extraction system, and hot counter.

The building provides an excellent opportunity for an owner occupier or investor looking to generate income from the ground floor and possibly acquire the residential uppers or extend the existing lease in due course.

The residential upper parts, 77 Uxbridge Road, are held on a 125-year lease from 1983, benefiting from a ground rent of £35.00 per annum, increasing by £35.00 every 25 years. A copy of the residential lease is available upon request.

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Accommodation

Namesq ftsq mAvailability
Ground 883 82.03 Available
Total88382.03

Location

The property is prominently located on Uxbridge Road in Stanmore, approximately 0.9 miles from Stanmore Town Centre and 1.4 miles from Stanmore Underground Station which is served by the Jubilee Line. The roundabout adjacent to the property provides direct access to Hatch End via Uxbridge Road where there are an abundance of restaurants. Kenton Lane is also accessible from this junction.

Get directions from Google Maps

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