Retail premises for sale in Shop, 79, Askew Road, Shepherds Bush W12

£350,000 (£693.07/sq. ft)
Interested in this property? Call +44 20 8022 3304 * or Request Details

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Retail premises for sale 505 sq. ft*

Property features

  • Investment - Virtual Freehold
  • T/A Doreen's Coffee House
  • Passing rent: £17,500 p.a.x.
  • Recently refurbished to a high standard
  • Well maintained building
  • Popular local shopping parade
  • Densley populated residential area
  • Rare opportunity
  • New 999 year lease
  • For sale

Property description

Trading as Doreen’s Coffee House (business not affected) and forming part of this very well maintained building with residential units above. This commercial premises is arranged over the sunken ground floor (CH 14'1 max.) and mezzanine level (CH 6'8) and has recently been refurbished to a very high standard throughout. Angled window and entrance with steps leading down to sunken floor level with mezzanine to the rear.

This uniquely designed retail Class E Use premises is arranged as follows (gross internal areas):

* Sunken Ground Floor: 395 sq. Ft. With fitted kitchenette and WC
* Mezzanine: 110 sq. Ft.
* total: 505 sq. Ft.

Situated within this vibrant parade of shops on the east side of Askew Road (B408) between Becklow Road and Hadyn Park Road. The retailers serving this densely populated residential area include Giulia’s Italian restaurant (adjacent), Askewine, Tesco Express, Askew Road Library, Dulux Decorator Centre, Urban eBikes, Ginger Pig Butchers, Laveli Bakery and Marsh & Parsons. Askew Road runs north to south between its junctions with Uxbridge Road (A4020) and Goldhawk Road (A402).

Sale Comments:
Virtual Freehold/Long Leasehold to be held for a new term of 999 years at a Peppercorn Ground Rent. Repairs and insurance by fair proportion - recoverable.

Subject to a subsisting full repairing & insuring lease to Doreen's Coffee House Ltd for a term of 10 years from 18 June 2021 (exp. 2031), subject to rpi linked rent review and tenant only break clause at the 5th year anniversary. The lease is contracted inside the security of tenure & compensations provision of the Landlord & Tenant Act 1954 (as amended).

Passing rent £17,500 p.a.x.

Price: £350,000 VAT is not applicable.

Property info

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

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MJ Finn, W4 on +44 20 8022 3304 * (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 MJ Finn, and do not constitute property particulars. Please contact MJ Finn 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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