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191
191 - 199A The Broadway
£6,000,000
191 - 199A The Broadway
£6,000,000
Our Summary
- This mixed-use property consists of:- Five Residential Apartments- Six Individual Commercial Units- Potential for Further Development (STPP)- Prime Location- Rare investment opportunity This well-located property offers immediate rental income from the existing units and substantial potential for future development, subject to planning consent
- Lease extensions present the opportunity for additional income by way of lease extension options from the current leaseholders
- Development Potential - Subject to the relevant planning consents, there is the option for further development above the current residential units
Description
Ashford FPS presents a rare opportunity to acquire a freehold parade in the heart of Southall Broadway, a vibrant and bustling area with excellent connectivity. The mixed-use property comprises five residential apartments and six individual commercial units, all of which are currently fully let, providing immediate rental income. The commercial units are occupied by a diverse range of businesses, including a chicken shop, laundrette, and cash and carry, while the residential units are let to tenants by way of Assured Shorthold Tenancy Agreements. The property also includes a private service road and access for the residential units above, as well as the freehold for the whole mixed-use commercial parade. With development potential subject to planning consent, this is a unique chance to secure a landmark property in a thriving area, offering long-term value and significant growth prospects for investors and developers.