Retail premises for sale in High Street, London W3

Offers in region of £1,400,000 (£457.97/sq. ft)
Interested in this property? Call +44 20 3544 6091 * or Request Details

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Retail premises for sale 284 sq. m*

Property description

Investment Summary
• A retail investment in Acton High Street, • Acton is one of London’s most affluent and popular residential districts
• large ground floor retail unit let to successful local businesses producing a total of £76,000 pa, • Highly affordable rents
• Fri 20 years Lease, • Rent review Every 5 Years next due on 2020, • Weighted average unexpired lease term (WAULT) of 17 years to expiry, • Not elected for VAT purposes
• Offers invited in excess of £1.4M (one Million and four hundred thousand Pounds) equivalent to a yield of 5.42%
• No Break clause, • 999-year lease (Virtual Freehold), • No Service charge or ground rent

With Crossrail arriving next year and already being serviced by Acton Town and Ealing Common Stations (Piccadilly & District Lines) as well as Acton Central (Silverlink to Richmond/Stratford), Acton in West London is becoming a sought after area. The property is just a couple of minutes` walk from Churchfield Road with its many independent cafes and small businesses.

A fantastic opportunity to purchase a virtually freehold (999 Years lease, no service charge, no ground rent) investment property, total area 283 sq. Meter, rent income £76,000 per annum. Price: £1.4m

* Sizes listed are approximate. Please contact the agent to confirm actual size.

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For more information about this property, please contact
Ashfield Estates, NW10 on +44 20 3544 6091 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Ashfield Estates, and do not constitute property particulars. Please contact Ashfield Estates for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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