Retail premises for sale in High Street, Acton W3

Description:
Well maintained commercial unit for sale with tenant in situ (Long Leasehold - 125 years from 16.01.2004), let out to a hair, nails and beauty salon on a 16-year lease from January 2021 to January 2037 at £28,000 per annum, returning an appealing 6.22% yield. Rent reviews are every 4 years.

Location:
The premises are in a prime position on Acton High Street. Located within a 10-minute walk from Acton Town underground and Acton Central overground stations. Acton's new Crossrail station has recently opened too, providing a busy commuter a faster access to Paddington and Heathrow. The local area benefits from increased footfall and activity from the new Oaks shopping centre providing over 68,000 Sq Ft of high-quality retail, leisure, and residential accommodation and tenanted by popular retailers including Wilko, Lidl, Iceland and Superdrug.

Accommodation:
118 Sq M / 1,270 Sq Ft

Usage:
We believe the premises fall under Class E of The Town & Country Planning (Use Classes) (Amendment) (England) Regulations 2020.

Business rates:
Applicants are advised to make their own enquiries with London borough of Ealing council.

Viewings:
Strictly by an appointment via Kingworths.