Under Offer
London UB8 – Vacant Retail and Residential with Development Potential
121 Cowley Mill Road, Uxbridge, London UB8 2QBFreehold Vacant Retail and Residential Investment with Development Potential
Price
OIEO £495,000
Rent P.A.
Vacant
Yield
N/A
Tenure
Freehold
Lease Term
N/A
Area
1,292 SQ FT
VAT Applicable
No
Sector
Investment Consideration
- Vacant possession
- Comprises ground floor retail shop and self-contained flat on first floor
- Residential development potential to extend at rear and loft, subject to obtaining the necessary consents.
- Potential to convert the retail shop to a flat and construct two flats at the rear
- Potential to refurb the existing 2-bed flat and convert the loft to flat
- Total area size of 120 sq m (1,292 sq ft)
- Located in predominantly residential area, within easy reach to M40, A40, M4 and M25.
Key Features
Tenure
Freehold
VAT
VAT is not applicable.
Property Description
The property comprises a ground floor corner shop and 2-bedroom residential flat on first floor, with separate access from the rear. The property benefits from large garden.
Residential development potential to extend at the rear and loft. Potential to convert the retail shop to a flat and construct two flats at the rear. For the upper parts, potential to refurb the existing 2-bed flat and convert the loft to flat. Possible to get four units in the existing building and rear without undertaking demolition. The latter is subject to obtaining the necessary consents.
The property provides the following accommodation and dimensions:
Ground Floor: Shop 60 sq m (646 sq ft)
First Floor: 2-Bed Flat 60 sq m (646 sq ft)
Residential development potential to extend at the rear and loft. Potential to convert the retail shop to a flat and construct two flats at the rear. For the upper parts, potential to refurb the existing 2-bed flat and convert the loft to flat. Possible to get four units in the existing building and rear without undertaking demolition. The latter is subject to obtaining the necessary consents.
The property provides the following accommodation and dimensions:
Ground Floor: Shop 60 sq m (646 sq ft)
First Floor: 2-Bed Flat 60 sq m (646 sq ft)
Tenancy Description
The entire property is at present vacant.
Tenancies & Accommodation
Location Description
Uxbridge is a suburban town in West London and the administrative headquarters of the London Borough of Hillingdon. Situated 15.4 miles west-northwest of Charing Cross, it is one of the major metropolitan centres identified in the London Plan. Uxbridge Tube Station is on the Metropolitan and Piccadilly Line, providing direct and fast access to Central London. The property is located in predominantly residential area, within easy reach to M40, A40, M4 and M25.
