Retail premises for sale in Castellain Road, London W9

From £1,300,000 (£966.54/sq. ft)
Interested in this property? Call +44 20 8115 5192 * or Request Details

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Retail premises for sale 1,345 sq. ft*

Property description

Key Points

  • Rarely available freehold investment. Adjacent to entrance to Paddington Sports Club.
  • Ground floor shop let until March 2031 with an outstanding rent review (March 2022). Passing rent £22,000 per annum
  • Two spacious self contained one bedroom flats in good condition. Let on ASTs (£21,576 per annum & £18,720 per annum)
  • Total current income £62,296 per annum with potential for an increase
  • Description

    Rarely available freehold shop and upper part investment opportunity for sale. The ground floor shop is let to a popular local delicatessen on a lease expiring in 2031 at a passing rent of £22,000 with an outstanding rent review (March 2022) and further reviews in March 2025 and March 2029. The residential element consists of two self contained one bedroom flats, both in good condition, one having been recently refurbished to a high standard. The common parts have also recently been refurbished.

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    Property info

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

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    For more information about this property, please contact
    Dutch & Dutch, NW6 on +44 20 8115 5192 * (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 Dutch & Dutch, and do not constitute property particulars. Please contact Dutch & Dutch 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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