Retail premises for sale in High Street, London W3, £1,300,000
1,300,000.00
Offer Nr.:
65864502
Type of ad:
for Sale
Property type:
Retail premises
Contact name:
Blue Alpine Partners
Phone(s):
020 3641 9157
Email:
Investment Consideration:
Gross Initial Yield: 6. 08%
Rental Income: £79, 000 p. a.
Let to Mleczko Delikatesy Limited until 2035, no breaks
Rent reviews in February2025 and 2030. Open market upward only
VAT is not applicable to this property
In same ownership for 15 years
Comprises large double fronted ground floor shop t/asupermarket
Situated between Acton Central and Ealing Common Stations, with occupiers
nearby including Morrisons, Lidl, Restaurants, Takeaways, Pharmacy and more.
Property Description:
The property comprises large double fronted retail premises t/a Polish
delicatessen supermarket. The property benefits from rear access andprovides
the following accommodation and dimensions:
Ground Floor: 280 sq m (3, 013 sq ft)
Open plan retail, storage, office, WCs
Tenure:
Long Leasehold. Held on a 999Year lease from 21st July 2000 at a ground rent
of peppercorn.
Tenancy:
The property is at present let to Mleczko Delikatesy Limited for a term of 20
years from 11thFebruary 2015 at a current rent of £79, 000 per annum and the
lease contains full repairing and insuring covenants. Rent review in February
2025 and 2030 open marketupward only. No breaks.
Mleczko Delikatesy has 14 branches across North, South and West London and 1
Branch in Reading. The company reported turnover of £31, 842, 000and a total
net assets of £7, 654, 000 for the financial year ending December 2021.
For more information please visit their website:
Location:
Acton is a town andarea in west London, England, within the London Borough of
Ealing. It is 6. 1 miles (10 km) west of Charing Cross. The recently
refurbished 'Mount' on Acton High Streethosts a Market on Thursday, Friday
and Saturday. Acton's library, swimming baths (built in 1904) and Town Hall
are examples of tall Victorian municipal buildings that canbe found along the
High Street. The property is conveniently located between Acton Central and
Ealing Common Stations, with occupiers nearby including Morrisons, Lidl,
Restaurants, Takeaways, Pharmacy and many more.
Gross Initial Yield: 6. 08%
Rental Income: £79, 000 p. a.
Let to Mleczko Delikatesy Limited until 2035, no breaks
Rent reviews in February
VAT is not applicable to this property
In same ownership for 15 years
Comprises large double fronted ground floor shop t/a
Situated between Acton Central and Ealing Common Stations, with occupiers
nearby including Morrisons, Lidl, Restaurants, Takeaways, Pharmacy and more.
Property Description:
The property comprises large double fronted retail premises t/a Polish
delicatessen supermarket. The property benefits from rear access and
the following accommodation and dimensions:
Ground Floor: 280 sq m (3, 013 sq ft)
Open plan retail, storage, office, WCs
Tenure:
Long Leasehold. Held on a 999
of peppercorn.
Tenancy:
The property is at present let to Mleczko Delikatesy Limited for a term of 20
years from 11th
lease contains full repairing and insuring covenants. Rent review in February
2025 and 2030 open market
Mleczko Delikatesy has 14 branches across North, South and West London and 1
Branch in Reading. The company reported turnover of £31, 842, 000
net assets of £7, 654, 000 for the financial year ending December 2021.
For more information please visit their website:
Location:
Acton is a town and
Ealing. It is 6. 1 miles (10 km) west of Charing Cross. The recently
refurbished 'Mount' on Acton High Street
and Saturday. Acton's library, swimming baths (built in 1904) and Town Hall
are examples of tall Victorian municipal buildings that can
High Street. The property is conveniently located between Acton Central and
Ealing Common Stations, with occupiers nearby including Morrisons, Lidl,
Restaurants, Takeaways, Pharmacy and many more.
Property location on the map: Use mouse double click to (Zoom IN: LEFT button; Zoom OUT: RIGHT button)
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