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High Street, Uxbridge, West London UB8

A UNIQUE REVERSIONARY MULTI LET OFFICE INVESTMENT & CONSENTED RESIDENTIAL DEVELOPMENT OPPORTUNITY
For sale
  • Prominently located on the High Street in Uxbridge - only 0.2 miles from Uxbridge Underground Station (Metropolitan and Piccadilly Line).
  • Uxbridge is located in West London within the London Borough of Hillingdon.
  • Fronting the High Street is a Grade II listed office building arranged over ground and two upper floors which measures 3,626 sq ft NIA.
  • The ground floor is let to two tenants producing a combined rental income of £51,500 which equates to £31.39 per sq ft.
  • The upper floors are self contained and offered with vacant possession, presenting as office suites ranging in size from 666 - 2,033 sq ft.
  • The rear of the site, accessed from Warwick Place, currently houses a former car showroom and nine car parking spaces.
  • Planning Permission was granted (ref: 6616/APP/2019/3268) for the redevelopment of the site to provide seven flats with seven car parking spaces.
  • The proposed scheme comprises 6 x 2 bed (incl 4 duplexes) and 1 x 1 bed duplex with a total proposed NIA of 6,205 sq ft.
  • Freehold.
  • VAT is applicable although we understand the sale is to be treated as a TOGC.
  • We are instructed to seek offers in excess of £1,850,000 subject to contract.

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