No longer on the market
This property is no longer on the market
MapShop
Sold STC
Shop
616
Features and description
- Fashionable location
- Commercial premises let
- Upper maisonette sold
- Income producing £30,000 pa
Location:
The property is located on the Eastern side of one of London’s busiest retail and tourist locations. It occupies a prominent position in the heart of the retail parade close to numerous local and national multiple retailers including ; Bluebells Bakery, Honest Burger, Ally Capellino , Pizza East, Golbourne Deli, West 36, Flat Iron, Aesop and J&M Davidson. The property benefits from good proximity to public transport and with Ladbroke Grove and Westbourne Park Underground Stations being served by Circle and Hammersmith & City lines.
Description:
An attractive mid terrace building arranged over ground and 2 uppers floors, the building provides a rectangular lock up shop unit with a frontage of 4.72m on the ground floor and the upper 2 floors provide a split maisonette which has been sold off on long lease.
User:
The premises currently fall under Class E & C3 of the Town & Country Planning(Use Class) (Amendment) Order 2005.
EPC:
The Energy performance certificate has ratings of B(46) for the shop unit and C(74) for the maisonette. A copy of the EPC is available upon request.
Accommodation & Tenancy Schedule:
The property offers the following (NIA) approximate dimensions:
Ground Floor Approx. 616 Sq Ft (57.00 Sq M)
The commercial premises are let on an effective FRI basis. The current lease expires on 9th October 2026. The passing rent is £30,000 per annum.
1st & 2nd floors Maisonette, sold on a 999 years lease from 1st January 2017 with peppercorn ground rent.
Total income £30,000 per annum.
Tenure:
Freehold subject to the existing leases.
Terms:
Offers are invited in the region of £495,000 for our client’s Freehold interest.
VAT:
The property has not been elected for VAT purposes.
Legal:
Each party to bear its own legal costs.
AML:
In accordance with Anti-Money Laundering Regulations, we shall require additional information from the purchaser/tenants so that an online verification can be undertaken
The property is located on the Eastern side of one of London’s busiest retail and tourist locations. It occupies a prominent position in the heart of the retail parade close to numerous local and national multiple retailers including ; Bluebells Bakery, Honest Burger, Ally Capellino , Pizza East, Golbourne Deli, West 36, Flat Iron, Aesop and J&M Davidson. The property benefits from good proximity to public transport and with Ladbroke Grove and Westbourne Park Underground Stations being served by Circle and Hammersmith & City lines.
Description:
An attractive mid terrace building arranged over ground and 2 uppers floors, the building provides a rectangular lock up shop unit with a frontage of 4.72m on the ground floor and the upper 2 floors provide a split maisonette which has been sold off on long lease.
User:
The premises currently fall under Class E & C3 of the Town & Country Planning(Use Class) (Amendment) Order 2005.
EPC:
The Energy performance certificate has ratings of B(46) for the shop unit and C(74) for the maisonette. A copy of the EPC is available upon request.
Accommodation & Tenancy Schedule:
The property offers the following (NIA) approximate dimensions:
Ground Floor Approx. 616 Sq Ft (57.00 Sq M)
The commercial premises are let on an effective FRI basis. The current lease expires on 9th October 2026. The passing rent is £30,000 per annum.
1st & 2nd floors Maisonette, sold on a 999 years lease from 1st January 2017 with peppercorn ground rent.
Total income £30,000 per annum.
Tenure:
Freehold subject to the existing leases.
Terms:
Offers are invited in the region of £495,000 for our client’s Freehold interest.
VAT:
The property has not been elected for VAT purposes.
Legal:
Each party to bear its own legal costs.
AML:
In accordance with Anti-Money Laundering Regulations, we shall require additional information from the purchaser/tenants so that an online verification can be undertaken
Property information from this agent
About this agent
At Willmotts we pride ourselves in providing a first class service from start to finish. We have proven over 150 years of being an independent estate agent in West London that honesty and integrity is the key to success. That is why most of our business comes from in house clients and referrals. We are a member of the Guild of Professional Estate Agents, with over 750 offices nationwide and are the No.1 Independent Estate Agency Network so can give your property a huge amount of exposure. We are always looking to help and to go above and beyond to make sure our clients and customer get the service they deserve. We hope that by choosing Willmotts you will have chosen a property company that you want to deal with for the rest of your life. With very experienced and driven staff members, bespoke software, professional photographers, powerful marketing tools, high quality print advertising, subscriptions to all the major portals so we can show your property in the best light. We pride ourselves on being The Complete Property Service and will be able to help with whatever property needs you have. For a friendly chat about how Willmotts can help you or just to find about the market in your area please do not hesitate to contact us.