Retail premises for sale in Chiswick High Road, London W4, £1,200,000
1,200,000.00
Offer Nr.:
62319108
Type of ad:
for Sale
Property type:
Retail premises
Contact name:
Whitman & Co Commercial Limited
Phone(s):
020 8115 0966
Email:
* Freehold
**Key Points**
* Commercial premises leased to 2029
* Total current income £67, 150pa.
* Reversionary potential
* Asset management opportunities
* FirstFloor Residential let on ASTs
* Second floor sold off llh with 94 years unexpired
**Description**
The shop has been configured to provide raised ground and lower groundfloor
retail/treatment room space. The property provides a total area of 1, 166 sq
ft/108 sq. m on two levels. The upper floor provides a ‘sales’ area of 461 sq
ftwith a further area of 264 sq ft, totalling 725 sq ft. Both areas are air -
conditioned and have a mixture of wood flooring and carpets. The lower ground
floor comprisesa lobby with kitchenette and WC leading to 2 separate areas.
In total 441 sq ft. Ceiling height 7’4 to 8’. The in - hand first floor flat
comprises a one - bedroomflat with a well - lit kitchen/living room at the front
of 223sf, and a double bedroom at the rear of 160sf, totalling c. 460sf.
**Viewings**
Strictly by arrangementwith Whitman Commercial.
**Location**
A well - located property situated on the south side of the busy A315 Chiswick
High Road, being close to Metro Bank and a range ofnational and local
restaurants, cafes, shops, boutiques and services, and opposite Sainsbury
Local, Balfes Bikes, Leyland Paints, and the trendy High Road House Cluband
Brasserie.
**Terms**
Offers are sought in the region of £1, 200, 000, producing an initial yield of
5. 6% before purchaser’s costs.
Anti - Money LaunderingRegulations. Purchasers will be required to provide
identity information so Anti - Money Laundering checks can be undertaken before
an offer can be accepted on anyproperty that we are marketing.
**Tenancies**
The gf & Basement premises are let to Traditional Chinese Medicine Health Care
Centres Limited (Co Number: 07385770) for aterm of 10 years fr&I, expiring
5th February 2029 (inside the L&T Act 1954). The current passing rent is
£40, 000 per annum, payable quarterly in advance.
The firstfloor flat is let on an Assured Shorthold basis producing total
income of £2, 250 per month (£27, 000pa). The second floor flat has been sold on
a long leasehold basisfor a term of 125 years from 17th October 1991 at a
ground rent of £150.
**Key Points**
* Commercial premises leased to 2029
* Total current income £67, 150pa.
* Reversionary potential
* Asset management opportunities
* First
* Second floor sold off llh with 94 years unexpired
**Description**
The shop has been configured to provide raised ground and lower ground
retail/treatment room space. The property provides a total area of 1, 166 sq
ft/108 sq. m on two levels. The upper floor provides a ‘sales’ area of 461 sq
ft
conditioned and have a mixture of wood flooring and carpets. The lower ground
floor comprises
In total 441 sq ft. Ceiling height 7’4 to 8’. The in - hand first floor flat
comprises a one - bedroom
of 223sf, and a double bedroom at the rear of 160sf, totalling c. 460sf.
**Viewings**
Strictly by arrangement
**Location**
A well - located property situated on the south side of the busy A315 Chiswick
High Road, being close to Metro Bank and a range of
restaurants, cafes, shops, boutiques and services, and opposite Sainsbury
Local, Balfes Bikes, Leyland Paints, and the trendy High Road House Club
Brasserie.
**Terms**
Offers are sought in the region of £1, 200, 000, producing an initial yield of
5. 6% before purchaser’s costs.
Anti - Money Laundering
identity information so Anti - Money Laundering checks can be undertaken before
an offer can be accepted on any
**Tenancies**
The gf & Basement premises are let to Traditional Chinese Medicine Health Care
Centres Limited (Co Number: 07385770) for a
5th February 2029 (inside the L&T Act 1954). The current passing rent is
£40, 000 per annum, payable quarterly in advance.
The first
income of £2, 250 per month (£27, 000pa). The second floor flat has been sold on
a long leasehold basis
ground rent of £150.
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