Retail premises for sale in Chiswick High Road, London W4, £2,000,000
2,000,000.00
Offer Nr.:
64445856
Type of ad:
for Sale
Property type:
Retail premises
Contact name:
Whitman & Co Commercial Limited
Phone(s):
020 8115 0966
Email:
* Freehold
**Key Points**
* Shop let on new 10 year lease
* 2 Residential Units refurbished to high standard and let on ASTs
* Break up value of residential element putat £1, 175, 000
* Total current income £118, 680pa
* Seeking offers in excess of £2, 000, 000 (5. 93% giy)
**Description**
A rare opportunity to acquire an attractivefreehold retail and residential
investment with future break - up potential in the heart of Chiswick.
**Viewings**
Strictly by appointment with Whitman & Co Commercial.
**Location**
The property is situated at the junction of Chiswick High Road and Chiswick
Lane, close to the A4 at Hogarth Roundabout. A number of TfL bus routes and
theC9 Cycleway run past the property, which fronts onto an attractive paved
piazza.
The shop is occupied as a hair and beauty bar. Brewers Decorator Centre are
next door,and the property is opposite the popular new Chiswick Cinema and
Sainsbury’s Local, as well as being close to Balfes Bikes, the trendy High
Road House club andbrasserie, and a range of national and local restaurants,
cafes, shops, boutiques and services.
**Terms**
Offers are sought in excess of £2, 000, 000, producing aninitial yield of 5. 93%
before purchaser’s costs.
Purchasers will be required to provide identity information so Anti - Money
Laundering checks can be undertakenbefore an offer can be accepted.
**Title & Tenancies**
The property is held freehold, Title Number ngl 466931.
The Ground Floor & Basement shop is let to Blo I Limited(Co Number: 12215790)
as a hair and beauty salon for a term of 10 years fr&I, with a 5th yr upward
only rent review. The passing rent is £60, 000 per annum. A 3 monthrent
deposit held by the landlord.
The 1st Floor 1 Bed Flat is let on an assured Shorthold Tenancy producing a
rent of £2, 050 per month (£24, 600pa). The 2nd Floor 2Bed Flat is let on an
Assured Shorthold Tenancy producing a rent of £2, 840 per month (£34, 080pa).
**Key Points**
* Shop let on new 10 year lease
* 2 Residential Units refurbished to high standard and let on ASTs
* Break up value of residential element put
* Total current income £118, 680pa
* Seeking offers in excess of £2, 000, 000 (5. 93% giy)
**Description**
A rare opportunity to acquire an attractive
investment with future break - up potential in the heart of Chiswick.
**Viewings**
Strictly by appointment with Whitman & Co Commercial.
**Location**
The property is situated at the junction of Chiswick High Road and Chiswick
Lane, close to the A4 at Hogarth Roundabout. A number of TfL bus routes and
the
piazza.
The shop is occupied as a hair and beauty bar. Brewers Decorator Centre are
next door,
Sainsbury’s Local, as well as being close to Balfes Bikes, the trendy High
Road House club and
cafes, shops, boutiques and services.
**Terms**
Offers are sought in excess of £2, 000, 000, producing an
before purchaser’s costs.
Purchasers will be required to provide identity information so Anti - Money
Laundering checks can be undertaken
**Title & Tenancies**
The property is held freehold, Title Number ngl 466931.
The Ground Floor & Basement shop is let to Blo I Limited
as a hair and beauty salon for a term of 10 years fr&I, with a 5th yr upward
only rent review. The passing rent is £60, 000 per annum. A 3 month
deposit held by the landlord.
The 1st Floor 1 Bed Flat is let on an assured Shorthold Tenancy producing a
rent of £2, 050 per month (£24, 600pa). The 2nd Floor 2
Assured Shorthold Tenancy producing a rent of £2, 840 per month (£34, 080pa).
Property location on the map: Use mouse double click to (Zoom IN: LEFT button; Zoom OUT: RIGHT button)
Similar properties: