Retail premises for sale in South Ealing Road, London W5, £285,000

285,000.00

Offer Nr.:
65027199
Type of ad:
for Sale
Property type:
Retail premises
Contact name:
NEB Consulting
Phone(s):
020 7768 8490

Desirable Long Leasehold Shop / Office - For Sale / May Let – Vacant
Possession
Potential to Extend at Rear STPP & Freeholder Consent
199 years from 29th September 1992. Therefore, expiring on 28th September
2191, giving approximately 168 years unexpired.
Location – The property is prominently located on the West side of South
Ealing Road (A4020), in an affluent residential area which benefits from good
footfall and visibility in an established parade. The area is served by local
shops and businesses including a café, wine/tapas bar, a pharmacy, a florist a
butcher a bookmakers and a Co - op. The University of West London, Ealing Green
and well known Ealing Film Studios are nearby. Ealing Broadway with its many
shops, restaurants and bars, plus Ealing Broadway Shopping Centre, Dickens
Yard and Ealing Filmworks are all within walking distance.
South Ealing Underground (Piccadilly) is within a short walk. Ealing Broadway
Underground (Central and District) and British Rail Station is within walking
distance and Crossrail’s Elizabeth Line connects Ealing to the West End and
Canary Wharf in 11 minutes & 25 minutes respectively. Main bus routes pass the
property.
Amenities
• We understand the property benefits from Class A2 Planning Use, now within
Class E.
• Comfort cooling to the main shop area.
• Wood flooring to main shop area.
• Double glazing
• Large outside space at rear – approx. Maximum dimensions: Main area 19. 54 ft
(5. 95m) x 33. 25 ft (10. 13m), within which there is a stand - alone lock up
garage plus space to park 1 car. If required, garage can be removed on
completion by vendor, liberating space to park approx. 3 cars in total.
Additional side return approx. 24 ft (7. 31m) x 7. 81 ft (2. 38m). An external
fire escape staircase serving the upper floors is within the outside space.
• External aluminium storage unit within side return - can also be removed on
completion by vendor if required.
Accommodation – The subject property is arranged as a ground floor shop /
commercial unit with kitchen, WC and large outside yard including lock up
garage and aluminium storage unit. The property has a Net Frontage of approx.
16. 40 ft (5m) and is offered in very good decorative order, providing the
following approximate floor areas:
Shop Premises Net Internal Area
Shop / Office 444. 13 sq ft (41. 26 sq m)
Office / Store 147. 81 sq ft (13. 73 sq m)
Kitchen Area 76. 02 sq ft (7. 02 sq m)
total 667. 96 sq ft (62. 01 sq m)
Long Lease – 199 Year Lease from 29th September 1992 on an effective full
repairing and insuring basis.
The Basic Rent (ground rent) reserved is currently £500 a year and increases
in every 25th year period of the term of the lease by £250 a year; therefore,
increasing to £750 a year on 29th September 2042. Ad hoc service charge.
Deed of Variation – On completion of sale, Freeholder will grant a Deed of
Variation to give a permitted use of Class E (a) or (c). N. B. The premises
will not be permitted to be used as an Estate Agents.
Potential for Rear Extension - Planning permission granted on 12/01/2018, now
lapsed, for rear, single - storey extension and 2 car spaces. Reference:
178156FUL. Therefore, potential to extend subject to planning permission and
subject to freeholder’s consent.
Business Rates – Rateable Value is £15, 750 payable at the rate of 49. 9p in the
£ for 2023/2024. Interested parties must make their own enquiries of the
London Borough of Ealing. Tel: Energy Performance Certificate (EPC) – Being
assessed.
VAT – The property is not elected for VAT.
Proposal for Long Leasehold Interest – We are instructed to seek offers with a
guide price of £285, 000 (Two Hundred and Eighty - Five Thousand Pounds) subject
to contract and with vacant possession. VAT is not applicable.
Rent (Letting Option – May Let) – Upon application.
Legal Costs - Each party to be responsible for their own legal and
professional costs.

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