Property photos
Business
£160,000
(£45.29/sq. ft)
Industrial for sale
Wadsworth Road, Perivale UB6From 4,306 - 4,628 sq. ft
Local area information
Property location
Nearby amenities
- St John Fisher Catholic Primary School 0.2 miles
- Perivale Primary School 0.2 miles
- Perivale 0.4 miles
- Alperton 0.7 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Wembley to find out more about the local area.
Features and description
For Sale: Industrial Warehouse Units at Unit 8 Wadsworth Road, Greenford, UB6 7JD
Property Overview: This industrial property is strategically situated in the bustling commercial hub of Greenford, known for its vibrant mechanical and industrial enterprises. The property is divided into three separate workshops: Units 8A, 8B, and 8C, each currently occupied by established automotive businesses.
Unit Breakdown:
Unit 8A: Occupied by a mechanic shop, generating a monthly rental income of £3,400.
Unit 8B: Leased to a tyre shop, providing a monthly rental income of £2,000.
Unit 8C: Currently utilized as a registered mechanic and mot test centre by the leaseholder.
Financial Highlights:
Total Monthly Rental Income: £5,400 from Units 8A and 8B.
Quarterly Rent Payable to Landlord: £16,400 (£5,467 per month).
Net Monthly Rent Paid by Leaseholder: £67 (£5,467 - £5,400).
Investment Opportunity: Unit 8C presents a lucrative prospect for investors. Market analysis indicates that mot centres in the Greenford area can command monthly rents ranging from £3,500 to £4,000. Leasing Unit 8C at £3,500 per month would result in:
Annual Gross Income from Unit 8C: £42,000.
Total Annual Rental Income (All Units): £107,400 (£5,400 x 12 + £42,000).
Annual Rent Payable to Landlord: £65,600 (£16,400 x 4).
Net Annual Profit: £41,800 (£107,400 total annual rental income - £65,600 annual rent payable).
Net Yield Calculation: £41,800 ÷ £195,000 x 100 = 21.4%
Additional Financial Benefit: The property includes a £30,000 deposit paid by the original leaseholder, which will transfer to the new owner. This effectively reduces the investment cost to £165,000, enhancing the net yield.
Adjusted Yield (Based on £165,000 Effective Investment): £41,800 ÷ £165,000 x 100 = 25.3%
Property Features:
Prime Location: Situated on Wadsworth Road, a hub for mechanical and industrial businesses, ensuring consistent demand and foot traffic.
Ample Parking: The property offers extensive on-site parking, accommodating both staff and customers.
Versatility: Each unit is equipped to support various automotive services, providing flexibility for future tenants or business operations.
Lease Details: The current leasehold is valid until 2034, with potential for renewal, offering long-term investment security.
Conclusion: This property represents a rare investment opportunity, combining immediate rental income with substantial profit potential. With the added advantage of a transferable £30,000 deposit, the effective investment is significantly reduced, enhancing the overall return. Located in a thriving industrial area with excellent infrastructure, this investment promises both stability and growth.
Contact Information: For further details or to arrange a viewing, please contact:
Almass Estates Ltd
Email:
Business Phone:
Seize this unparalleled opportunity to invest in a high-yield property in one of Greenford's most sought-after industrial locales.
Property Overview: This industrial property is strategically situated in the bustling commercial hub of Greenford, known for its vibrant mechanical and industrial enterprises. The property is divided into three separate workshops: Units 8A, 8B, and 8C, each currently occupied by established automotive businesses.
Unit Breakdown:
Unit 8A: Occupied by a mechanic shop, generating a monthly rental income of £3,400.
Unit 8B: Leased to a tyre shop, providing a monthly rental income of £2,000.
Unit 8C: Currently utilized as a registered mechanic and mot test centre by the leaseholder.
Financial Highlights:
Total Monthly Rental Income: £5,400 from Units 8A and 8B.
Quarterly Rent Payable to Landlord: £16,400 (£5,467 per month).
Net Monthly Rent Paid by Leaseholder: £67 (£5,467 - £5,400).
Investment Opportunity: Unit 8C presents a lucrative prospect for investors. Market analysis indicates that mot centres in the Greenford area can command monthly rents ranging from £3,500 to £4,000. Leasing Unit 8C at £3,500 per month would result in:
Annual Gross Income from Unit 8C: £42,000.
Total Annual Rental Income (All Units): £107,400 (£5,400 x 12 + £42,000).
Annual Rent Payable to Landlord: £65,600 (£16,400 x 4).
Net Annual Profit: £41,800 (£107,400 total annual rental income - £65,600 annual rent payable).
Net Yield Calculation: £41,800 ÷ £195,000 x 100 = 21.4%
Additional Financial Benefit: The property includes a £30,000 deposit paid by the original leaseholder, which will transfer to the new owner. This effectively reduces the investment cost to £165,000, enhancing the net yield.
Adjusted Yield (Based on £165,000 Effective Investment): £41,800 ÷ £165,000 x 100 = 25.3%
Property Features:
Prime Location: Situated on Wadsworth Road, a hub for mechanical and industrial businesses, ensuring consistent demand and foot traffic.
Ample Parking: The property offers extensive on-site parking, accommodating both staff and customers.
Versatility: Each unit is equipped to support various automotive services, providing flexibility for future tenants or business operations.
Lease Details: The current leasehold is valid until 2034, with potential for renewal, offering long-term investment security.
Conclusion: This property represents a rare investment opportunity, combining immediate rental income with substantial profit potential. With the added advantage of a transferable £30,000 deposit, the effective investment is significantly reduced, enhancing the overall return. Located in a thriving industrial area with excellent infrastructure, this investment promises both stability and growth.
Contact Information: For further details or to arrange a viewing, please contact:
Almass Estates Ltd
Email:
Business Phone:
Seize this unparalleled opportunity to invest in a high-yield property in one of Greenford's most sought-after industrial locales.
More information
Listed by
Almass Estates Ltd
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