Waterloo Road, Uxbridge
Asking Price £405,000

Key Features

• Freehold investment
• Retail warehouse 2,012 sq ft approx.
• Rental income £25,832.13 per annum

Freehold investment - retail warehouse of approximately 2,012 sq ft.

LOCATION: The unit is located approximately one mile from Uxbridge town centre and within short motoring distance of the motorway network (M40/M25) and London Heathrow Airport. DESCRIPTION: Retail warehouse with a ground floor area of 1,410 sq ft (131 sq m) to include toilet facilities and kitchen area, and mezzanine space of 602 sq ft (56 sq m) used as offices. Outside: Parking spaces. Services: Mains gas, electricity, water & drainage. EPC Rating: E. TENURE: Freehold. TENANCY: The unit was let for a term of five years from 2016 at a rent of £20,000 per annum exclusive. This tenancy is now continuing. In addition, the freehold title includes a separate small area of land on Swan Wharf Business Centre presently let for a term of 20 years from September 2007 to a telecommunications provider. The passing rent is £5,832.13 per annum. A rent review was due in 2022 on a RPI basis but has not been triggered. This land is not in use by the provider. RATEABLE VALUE: The current rateable value for Unit 3 is £15,250 and for the telecommunications site £6,200. VIEWING: Strictly by appointment with R Whitley & Co.