Retail premises for sale in High Street, London W3

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

Location
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.

Description
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