Retail premises for sale in High Street, London W3

£650,000
Interested in this property? Call +44 20 8033 4778 * or Request Details

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Retail premises for sale

Property features

  • Freehold Mix Use
  • Investment property
  • On Acton High Street
  • Close to Acton Central

Property description

Description

Well maintained Mixed Use investment opportunity situated on Acton High Street. The commercial space spans approximately 775 sq ft and is leased to a reputable local barber, ensuring a steady annual rental income under a Fri lease for 15 years starting from 2020, with rent reviews every 5 years. Additionally, there's a spacious two double bedroom flat above, featuring a separate entrance and outdoor space, currently leased on an AST at a monthly rent of £1,500pcm.

The net yearly income stands at £36,000 per annum, with potential for growth in 2025.

Location:
The property is conveniently located on Acton High Street, surrounded by shops, cafes, and public transport options. It's close to The New Oaks Shopping Centre, a local Cinema, and the Everyone Active facility offering gym and swimming pool access. Acton Town Tube Station (District Line and Piccadilly Line) is a 15-minute walk to the southwest, while Acton Central (London Overground) is just a 5-minute walk to the northeast. Acton Main Line Station (Elisabeth Line) is approximately a 15-minute walk to the north. The area is well-served by local bus services and enjoys excellent connectivity between Shepherd's Bush and Ealing, making it a location with high pedestrian traffic.

Commercial:
15 year lease rented to a Barber Shop from 2020 with rent reviews in 2025 & 2030. Size: Approx. 775 sq ft

Rates:
The rateable value = £14,250; payable, before any reliefs or discounts. Interested parties must verify these figures with London Borough of Ealing. The property qualifies for small business relief.

Residential:
The 2 bedroom property offers a modern fitted open-plan kitchen, featuring a bright and airy south-facing lounge, a large modern bathroom with a shower, two double bedrooms and outdoor patio. It is neutrally decorated throughout and boasts a good standard of fixtures and fittings throughout the flat.

Legal costs:
Each party to be responsible for their own legal costs incurred in the transaction.

Viewing:
Strictly by appointment only with Sole Agents Citydeal Estates .

Tenure: Freehold

Property info

Floorplan(s): Floorplan 1 Floorplan 2

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For more information about this property, please contact
Citydeal Estates, W3 on +44 20 8033 4778 * (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 Citydeal Estates, and do not constitute property particulars. Please contact Citydeal Estates 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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