£650,000

Retail premises for sale

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Freehold

Offers over

£650,000

(£764.71/sq. ft)

Retail premises for sale

Freehold Retail Investment, 11A Devonshire Road, Chiswick, London W4

850 sq. ft

Local area information

Property location

Nearby amenities

  • St Mary's Catholic Primary School ,Chiswick 0.2 miles
  • Turnham Green 0.2 miles
  • The William Hogarth Primary School 0.3 miles
  • Stamford Brook 0.5 miles

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

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

Features and description

  • Freehold
Key Points

  • Shop let to Lark as a giftshop on 10 year lease from March 2022 at £40,000pa. Rear store let at £4,500pa. Total current income £44,500pa
  • Lark have 19 stores predominantly located in affluent London villages
  • 2 self-contained flats above sold off on new 200 year leases
  • Seeking offers in excess of £650,000 (6.5% niy)

  • Description

    A rare opportunity to acquire an attractive freehold retail investment located in the heart of Chiswick.

    Location

    The property is situated in the popular retailing and restaurant area of Devonshire Road, being just off Chiswick High Road and convenient for all the excellent shopping and transport facilities of Chiswick.

    The street is popular with a range of boutiques and shops, as well as service-sector businesses and restaurants. Nearby occupiers include Lea & Sandeman Wine Merchants, the renowned restaurant La Trompette, along with a host of excellent independent boutiques, cafes and restaurants.

    Turnham Green TfL station is a 5 minute walk to the north, providing London Underground routes via the District and Piccadilly (off-peak hours) lines. Numerous local bus routes & Cycleway 9 pass along the A315 Chiswick High Road.

    Viewings

    Strictly by appointment with Whitman & Co Commercial.

    Terms

    Offers are sought in excess of £650,000, subject to contract. Offered on behalf of lpa Receivers.

    Purchasers will be required to provide identity information so Anti-Money Laundering checks can be undertaken before an offer can be accepted.

    Title & Tenancies

    The property is held freehold, Title Number ngl 466931.

    The Ground Floor shop is let to Fordel Limited t/a Lark for a term of 10 years from 23rd March 2022 fr&I, with a 5th yr upward only rent review and tenant's break option. The passing rent is £40,000 per annum.

    The rear store is let to the neighbouring tenant ma.gi.MI Limited t/a Napoli on the Road at a rent of £4,500pa. The two upper floor flats are currently vacant.

    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

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    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. Devonshire Road

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