£1,200,000

Retail premises for sale

  1.  Pic 2.Jpg
Freehold

Offers in region of

£1,200,000

(£575.26/sq. ft)

Retail premises for sale

Chiswick High Road, London W4

2,086 sq. ft

Local area information

Property location

Nearby amenities

  • Arts Educational School 0.2 miles
  • Turnham Green 0.2 miles
  • Chiswick and Bedford Park Preparatory School 0.3 miles
  • Stamford Brook 0.4 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guides for Chiswick, Castelnau and Grove Park to find out more about the local area.

Features and description

  • Freehold
Key Points

  • Commercial premises leased to 2029
  • Total current income £67,150pa.
  • Reversionary potential
  • Asset management opportunities
  • First Floor Residential let on ASTs
  • Second floor sold off llh with 94 years unexpired

  • Description

    The shop has been configured to provide raised ground and lower ground floor retail/treatment room space. The property provides a total area of 1,166 sq ft/108 sq.m on two levels. The upper floor provides a ‘sales’ area of 461 sq ft with a further area of 264 sq ft, totalling 725 sq ft. Both areas are air-conditioned and have a mixture of wood flooring and carpets. The lower ground floor comprises a lobby with kitchenette and WC leading to 2 separate areas. In total 441 sq ft. Ceiling height 7’4 to 8’. The in-hand first floor flat comprises a one-bedroom flat with a well-lit kitchen/living room at the front of 223sf, and a double bedroom at the rear of 160sf, totalling c.460sf.

    Location

    A well-located property situated on the south side of the busy A315 Chiswick High Road, being close to Metro Bank and a range of national and local restaurants, cafes, shops, boutiques and services, and opposite Sainsbury Local, Balfes Bikes, Leyland Paints, and the trendy High Road House Club and Brasserie.

    Viewings

    Strictly by arrangement with Whitman Commercial.

    Terms

    Offers are sought in the region of £1,200,000, producing an initial yield of 5.6% before purchaser’s costs.

    Anti-Money Laundering Regulations. Purchasers will be required to provide identity information so Anti-Money Laundering checks can be undertaken before an offer can be accepted on any property that we are marketing.

    Tenancies

    The gf & Basement premises are let to Traditional Chinese Medicine Health Care Centres Limited (Co Number: 07385770) for a term of 10 years fr&I, expiring 5th February 2029 (inside the L&T Act 1954). The current passing rent is £40,000 per annum, payable quarterly in advance.

    The first floor flat is let on an Assured Shorthold basis producing total income of £2,250 per month (£27,000pa). The second floor flat has been sold on a long leasehold basis for a term of 125 years from 17th October 1991 at a ground rent of £150.

    Floor plans and tours

    Floor plans (1)

    1 floor plan available

    View the floor plan to understand the space and layout of this property.

    More information

    Report this listing

    Listed by

    Property descriptions and related information displayed on this page are marketing materials provided by - Whitman & Co Commercial Limited. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Whitman & Co Commercial Limited for full details and further information.

    1. Zoopla
    2. Commercial for sale
    3. London
    4. West London
    5. Chiswick
    6. Chiswick High Road

    Sold house prices provided by Land Registry/Registers of Scotland. © Crown copyright 2024. Our website is completely free for you to use but we may receive a commission from some of the companies we link to on the site.

    Zoopla Limited is an appointed representative of Uswitch Limited which is authorised and regulated by the Financial Conduct Authority (FRN 312850) to provide the mortgage calculator tool and incorporated with company registration number 06074771 and registered office at The Cooperage, 5 Copper Row, London SE1 2LH. Uswitch Limited is authorised and regulated by the Financial Conduct Authority (FCA) under firm reference number 312850.

    Zoopla.co.uk is not a mortgage intermediary and makes introductions to Mojo Mortgages to provide mortgage solutions. Zoopla.co.uk and Mojo Mortgages are part of the same group of companies. Zoopla may receive an introduction fee from Mojo Mortgages on completion of successful mortgage applications. This fee is based on a percentage of your loan amount. Mojo is a trading style of Life's Great Limited which is registered in England and Wales (06246376) and is authorised and regulated by the Financial Conduct Authority and is on the Financial Services Register (478215). Mojo's registered office is The Cooperage, 5 Copper Row, London, SE1 2LH. To contact Mojo by phone, please call 0333 123 0012.