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£300,000Mixed use for sale
Goldhawk Road, Shepherd`s Bush, London W12 8HA
Mixed use
Key information
Tenure: Freehold
Council tax: Ask agent
Features and description
The property comprises a mid terrace building featuring commercial accommodation on the ground floor and basement, with a self-contained residential flat above (residential unit sold off). The ground floor commercial unit benefits from a prominent glazed frontage onto Uxbridge Road, providing excellent street visibility.
Situated in a highly accessible location, the property sits directly opposite the new six-story development at the corner of Hammersmith Grove (N.J. Law), to the west of the Richford Street junction and diagonally opposite Lime Grove junction. Goldhawk Road (A402), a major thoroughfare connecting Shepherd's Bush Green (Westfield London) to Chiswick High Road and King Street (A315), is only 75 meters away.
The area is well served by multiple bus routes, and the nearby TfL station provides Circle and Hammersmith & City line services. On street 'pay and display' parking is also readily available.
COMMERCIAL ACCOMMODATION
74 Goldhawk Road
Tenant: APEX Learning LTD
Lease Start: 09/07/2019
Lease Expiry: 08/07/2034
Annual Rent: £22,500
Estimated Rental Value (ERV): £23,625
Next Rent Review: 09/07/2029
RESIDENTIAL ACCOMMODATION
74A Goldhawk Road
Lease Term: 125 years (from 30/01/1989 29/01/2114)
Annual Ground Rent: £100
Bedrooms: 3
PLANNING & TENURE
Planning Use: Believed to fall under Class E (commercial) and C3 (residential) under The Town & Country Planning (Use Classes) (Amendment) (England) Regulations.
Tenure: Freehold, offered subject to existing leases and tenancies.
INVESTMENT TERMS
Asking Price: £300,000, subject to existing tenancies
Net Initial Yield (NIY): 7.53%
VAT: To be confirmed
Legal Costs: Each party to bear their own costs
ADDITIONAL INFORMATION
In compliance with Anti-Money Laundering (AML) regulations, purchasers/tenants will be required to provide information for online verification.
Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.
Situated in a highly accessible location, the property sits directly opposite the new six-story development at the corner of Hammersmith Grove (N.J. Law), to the west of the Richford Street junction and diagonally opposite Lime Grove junction. Goldhawk Road (A402), a major thoroughfare connecting Shepherd's Bush Green (Westfield London) to Chiswick High Road and King Street (A315), is only 75 meters away.
The area is well served by multiple bus routes, and the nearby TfL station provides Circle and Hammersmith & City line services. On street 'pay and display' parking is also readily available.
COMMERCIAL ACCOMMODATION
74 Goldhawk Road
Tenant: APEX Learning LTD
Lease Start: 09/07/2019
Lease Expiry: 08/07/2034
Annual Rent: £22,500
Estimated Rental Value (ERV): £23,625
Next Rent Review: 09/07/2029
RESIDENTIAL ACCOMMODATION
74A Goldhawk Road
Lease Term: 125 years (from 30/01/1989 29/01/2114)
Annual Ground Rent: £100
Bedrooms: 3
PLANNING & TENURE
Planning Use: Believed to fall under Class E (commercial) and C3 (residential) under The Town & Country Planning (Use Classes) (Amendment) (England) Regulations.
Tenure: Freehold, offered subject to existing leases and tenancies.
INVESTMENT TERMS
Asking Price: £300,000, subject to existing tenancies
Net Initial Yield (NIY): 7.53%
VAT: To be confirmed
Legal Costs: Each party to bear their own costs
ADDITIONAL INFORMATION
In compliance with Anti-Money Laundering (AML) regulations, purchasers/tenants will be required to provide information for online verification.
Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.
About this agent
Amber & Co is the leading independent, awards winning and highly respected local estate agent in Shepherds Bush, W12. With 20 years’ experience in the business, our mission is to provide a friendly and efficient service to all of our clients. We at Amber & Co believe good, honest communication is the key to having a successful relationship with your estate agents. We are living proof that local knowledge and understanding of the community is far more important than anything else. You, the vendors, landlords, purchasers and tenants are our main priority. We are proud to be members of The Property Ombudsman (T.P.O), the National Association of Estate Agents (NAEA) and The Tenancy Deposit Scheme (TDS). These professional bodies are the industry watchdogs and regulators who actively promote the highest standards of customer service in our industry. We offer our clients the most professional and comprehensive service coupled with highly competitive rates. We are continuously training to the highest standards and offer a comprehensive service tailored to the wide-ranging needs of the vendors, landlords, purchasers and tenants. We are able to offer a unique level of skill, specialization and exceptional level of customer service. This expertise helps to ensure that we can match a vendor to a purchaser to a property, landlord to a tenant and a tenant to a property. We are voted the best estate agent 2017 in Shepherds Bush by British Property Awards and aim to continue to offer our bespoke, good, honest and quality property experience to all our clients. We believe that the depth of our local knowledge in both sales and lettings is unique in the area.# Monday: 9am – 6:30pm Tuesday: 9am – 6:30pm Wednesday: 9am – 6:30pm Thursday: 9am – 6:30pm Friday: 9am – 6:00pm Saturday: 9:30am – 3:00pm Sunday: Prior Appointment Only.