Greenford is located within the London Borough of Ealing, approximately 10 miles to the west of Central London and three miles west of Ealing town centre. Greenford has good transport links being 0.5 miles south of the A40 which connects directly to the M40 motorway and then onto the M25.
The building is prominently located on the Greenford Road, close to the A40 intersection.
The mid-terraced property is arranged over ground and two upper floors.
The property has been recently extended and refurbished to a very high standard. The ground floor has the benefit of an E class commercial use and the upper floors consist of a three-bedroom flat. The ground floor is currently in use as a launderette and benefits from LED lights, concrete floor, two kitchenettes, comfort cooling & heating and a ventilation system. There is an external yard with shared access.
The first floor consists of a large lounge and open plan kitchen. There is also a bathroom and a bedroom. The second floor consists of two further bedrooms and a bathroom. There is potential to expand the first floor subject to planning. The specification is high including fully fitted kitchen, LED lights, timber floor etc.
The ground floor is in use as a launderette. The owner of the property would be willing to take a new effective full repairing and insuring lease for a term of 20 years with five yearly, upward only rent reviews at £21,600 per annum exclusive.
The owner of the property is happy to take a new one-year license of the flat at £21,600 per annum. This would possibly give a total rent of £43,200 per annum exclusive.
The retail unit has a rateable value of £7,400. The flat is in Council Tax band B.
EPC - C72
Alternatively, the building can be sold with vacant possession.
