Mixed Use Building for Auction Greater London UB9 £485,000 - £500,000
The ground floor is commercially rated and suitable a variety of uses - workshop, studio, salon, private clinic etc. The ground floor and upper parts can easily be separated as they have their own access. There is potential to convert the whole building to residential use as a 4-5 bedroom house (1495 sq ft), create 2 self contained flats or separate the ground and upper floors for rental income, subject to the necessary consents. The auctioneers estimate the current rental values are: 2 bedroom flat circa £18,000 pa / £1500 pm, commercial parts £1500 pm+ / £18,000 pa.
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