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No longer on the market

This property is no longer on the market

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Restaurant

Auction
Restaurant
Added > 14 days

Features and description

  • Freehold hot food takeaway investment
  • In the same ownership for approximately 40 years
  • Let until 2034 (no breaks)
  • Tenant has been in occupation since 2002
  • Popular West London suburb
  • Busy trading location
  • Currently producing £43,000 per annum
  •  
  • Online Auction on Thursday, 20 October 2022

A mid terraced buidling of traditional construction arranged over ground and two upper floors. The building is arranged as a ground floor hot food takeaway unit with ancillary accommodation on the first and second floors. The upper floors may lend themselves to alternative uses in the future, subject to obtaining the necessary consents.


Location:

Chiswick is an affluent and popular West London suburb lying about 6 miles west of Central London. It can be accessed via the A4 (Great West Road) and the A406 (North Circular), with the former providing direct access to the M4 motorway at junction 1 to the west and in turn the M25 motorway beyond at junction 15. The area is served by numerous bus services and Turnham Green Underground Station is within a few minutes' walk of the property.

Chiswick High Road forms part of the A315 and is the principal shopping thoroughfare in the area running west from King Street. The property lies on the north side of Chiswick High Road at its junction with Elliott Road and opposite Devonshire Road. Nearby occupiers include Caffe Nero, Waterstones, Barclays Bank, Marks & Spencer Simply Food, Poundland and Nandos.


Online Auction on Thursday, 20 October 2022. For further information, such as legal documents and property information, please visit bidx1.com.
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About this agent

BidX1 - Nationwide Auctions
BidX1 - Nationwide Auctions
Henry Wood House, 4-5 Langham Place London W1B 3DG
020 8033 0374
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BidX1 are market-leaders in the digitalisation of property transactions, allowing buyers and sellers across the globe to complete transactions online in the most efficient and transparent manner. We combine industry-leading property expertise with proprietary technology to provide unparalleled levels of transparency, analytics and global reach, challenging the traditional process of marketing and transacting real estate. Our technology facilitates end-to-end online transactions, from listing to exchange of contracts.  To date BidX1 has sold over 20,000 properties through their digital platform, attracted visitors from 173 countries and buyers from 32 countries. A total value of £4 billion worth of property sold has been sold via our digital platform.  BidX1 currently operates in the UK, Ireland, and Cyprus, with further expansion into other European markets planned to meet the demand for an alternative to existing sale processes. BidX1 has a varied customer base, including multiple institutional investors, banks, listed vehicles, receivers, liquidators and propcos, as well as individual private sellers wishing to avail of the transparency and data that the digital platform provides.  Their innovative approach has earned them recognition in the form of a number of accolades, including the Irish Times' New Frontiers Award 2018 and the Investment Award 2018 at the Estates Gazette Tech Awards. BidX1 has also been shortlisted for Newcomer of the Year and Proptech Innovator of the Year at the Property Awards 2019 as well as for Proptech Company of the Year at the PROPS Awards 2019.
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