Leisure/hospitality for sale in The Mall, Ealing W5

£1,700,000 (£466.01/sq. ft)
Interested in this property? Call +44 20 8166 7861 * or Request Details

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Leisure/hospitality for sale 3,648 sq. ft*

Property features

  • Freehold Mixed Use
  • Blue Chip Commercial Tenant
  • Ground Floor & Basement Commercial
  • Two Flats above
  • Near Crossrail Station
  • Scope to Extend or Redevelop

Property description

Description:
Kingworths are proud to present this rare investment opportunity in the heart of Ealing Broadway, consisting of a mixed-use freehold property; commercial unit and two flats above. Ground floor commercial property is occupied by Paddy Power on a 25-year lease from 2004, paying an annual rent of £45,000. One bedroom and two-bedroom apartments above are both paying £1,200 pcm on rolling AST's. Total return is £73,800 per annum. Further benefits include two parking spaces at the back of the property with scope to extend and redevelopment potential (STPP).

Location:
The premises are in a prime position on The Mall, Ealing, W5. Located within a one-minute walk to Ealing Broadway Station which is on District, Central and newly opened Elizabeth Line (part of Crossrail). Nearby retailers include Marks and Spencer, Primark and Amazon Fresh, which was Amazon's first unit outside of North America. Local area is currently undergoing a number of new build projects as well as having a whole array of bars, shops and restaurants.

Accommodation:
Ground floor commercial & basement + two flats above: 339 Sq m / 3,648 Sq ft

Usage:
We believe the commercial premises fall under Sui Generis class of The Town & Country Planning (Use Classes) (Amendment) (England) Regulations 2020.

Vat:
All figures are deemed exclusive of Vat where applicable.

EPC:
Commercial unit and both apartments have an energy performance rating of: C

Viewings:
Strictly by an appointment via sole agent Kingworths.

Property info

Floorplan(s): Floorplan 1

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

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For more information about this property, please contact
Kingworths, TW8 on +44 20 8166 7861 * (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 Kingworths, and do not constitute property particulars. Please contact Kingworths 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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