Retail premises for sale in High Street, London W3, £675,000

675,000.00

Offer Nr.:
66674260
Type of ad:
for Sale
Property type:
Retail premises
Contact name:
Citydeal Estates
Phone(s):
020 8033 4778

* Freehold
* Freehold Mix Use
* Investment property
* On Acton High Street
* Close to Acton Central
**Description**
Well maintained Mixed Use investment opportunity situated on Acton High
Street. The commercial space spans approximately 775 sq ft and is leased to a
reputable local barber, ensuring a steady annual rental income under a Fri
lease for 15 years starting from 2020, with rent reviews every 5 years.
Additionally, there's a spacious two double bedroom flat above, featuring a
separate entrance and outdoor space, currently leased on an AST at a monthly
rent of £1, 500pcm.
The net yearly income stands at £36, 000 per annum, with potential for growth
in 2025.
Location:
The property is conveniently located on Acton High Street, surrounded by
shops, cafes, and public transport options. It's close to The New Oaks
Shopping Centre, a local Cinema, and the Everyone Active facility offering gym
and swimming pool access. Acton Town Tube Station (District Line and
Piccadilly Line) is a 15 - minute walk to the southwest, while Acton Central
(London Overground) is just a 5 - minute walk to the northeast. Acton Main Line
Station (Elisabeth Line) is approximately a 15 - minute walk to the north. The
area is well - served by local bus services and enjoys excellent connectivity
between Shepherd's Bush and Ealing, making it a location with high pedestrian
traffic.
Commercial:
15 year lease rented to a Barber Shop from 2020 with rent reviews in 2025 &
2030\. Size: Approx. 775 sq ft
Rates:
The rateable value = £14, 250; payable, before any reliefs or discounts.
Interested parties must verify these figures with London Borough of Ealing.
The property qualifies for small business relief.
Residential:
The 2 bedroom property offers a modern fitted open - plan kitchen, featuring a
bright and airy south - facing lounge, a large modern bathroom with a shower,
two double bedrooms and outdoor patio. It is neutrally decorated throughout
and boasts a good standard of fixtures and fittings throughout the flat.
Legal costs:
Each party to be responsible for their own legal costs incurred in the
transaction.
Viewing:
Strictly by appointment only with Sole Agents Citydeal Estates .
Tenure: Freehold

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