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For Sale North Road, Southall, UB1 £850,000

4 Bedroom Commercial  For Sale £850,000

North Road, Southall, UB1

Commercial Shop

4 Bedroom Flat above

Parking

Local Shops & Parks

5 Minutes from Southall Station - Elizabeth Line

Secure rental income

EPC Rating D

Freehold

MFS is excited to present a rare investment opportunity in the bustling area of New Southall. This well-positioned property offers both commercial and residential income potential.
Property Overview
Ground Floor Commercial Shop Currently generating a solid rental income of £1,500 per month.

4-Bedroom Flat Above Spacious and well-maintained residential flat currently yielding £2,000 per month in rental income.
Tenanted by reliable occupants, ensuring consistent cash flow.
Total Monthly Rental Income: £3,500

Location and Amenities:
Situated in New Southall, a vibrant and growing area known for its strong community, this property benefits from proximity to a wide range of amenities and conveniences:
Southall Train Station: Just a short walk away, offering quick access to central London via the Elizabeth Line, enhancing commuter appeal.
Major Retailers and Restaurants: The area boasts a variety of local shops, supermarkets, and popular eateries, creating a thriving commercial environment.

Local Schools and Parks:
The residential unit is attractive to families due to its proximity to reputable schools and green spaces such as Southall Park.
Future Development Potential: New Southall is undergoing rapid regeneration, with planned infrastructure improvements and new residential and commercial developments that are expected to further boost property values.

Investment Highlights:
Steady Rental Income: Combined income of £3,500 per month from reliable commercial and residential tenants.

Diversified Asset: Mixed-use property, providing both retail and residential income streams.

Growth Potential:
The ongoing regeneration in New Southall and proximity to transport links make this a prime location for long-term capital appreciation.
This is an exceptional opportunity for investors seeking a high-yield property with immediate income and future growth potential.
For more details or to arrange a viewing, please contact MFS at 020 8843 2093.

EPC for North Road, Southall, UB1

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Please note: This is for illustrative purposes only. The above calculator should not be relied upon when making financial decisions. Please seek advice from a specialist financial provider.

IMPORTANT NOTICE FROM MFS ESTATE AGENTS

Descriptions of the property are subjective and are used in good faith as an opinion and NOT as a statement of fact. Please make further specific enquires to ensure that our descriptions are likely to match any expectations you may have of the property. We have not tested any services, systems or appliances at this property. We strongly recommend that all the information we provide be verified by you on inspection, and by your Surveyor and Conveyancer.

Fees

Tenant Permitted Payments

Refundable Holding depositCapped at 1 weeks rent
Security DepositCapped at 5 weeks rent for annual rental under £50,000, or 6 weeks rent for annual rental over £50,000
RentThe agreed monthly rent
Changes to tenancyCapped at £50.00 Inc VAT
Early termination chargeNot exceeding the landlord’s financial losses
Late payment of rentInterest of 3% above BoE base rate for each day the rent is late, once it is 14 days overdue
Replacement keysReasonable costs or give the tenant the option to purchase themselves
Utilities, council tax, communication services, TV Licence etcTenants own responsibility unless otherwise stated in contract
Client Money Protection Scheme Membership detailsMembership No. CMP005841
Property Redress Scheme Membership details. The Property Ombudsman         Membership No. D8706