Retail premises for sale in Freehold Retail Investment, 11A Devonshire Road, Chiswick, London W4

Key Points

Description

A rare opportunity to acquire an attractive freehold retail investment located in the heart of Chiswick.

Location

The property is situated in the popular retailing and restaurant area of Devonshire Road, being just off Chiswick High Road and convenient for all the excellent shopping and transport facilities of Chiswick.

The street is popular with a range of boutiques and shops, as well as service-sector businesses and restaurants. Nearby occupiers include Lea & Sandeman Wine Merchants, the renowned restaurant La Trompette, along with a host of excellent independent boutiques, cafes and restaurants.

Turnham Green TfL station is a 5 minute walk to the north, providing London Underground routes via the District and Piccadilly (off-peak hours) lines. Numerous local bus routes & Cycleway 9 pass along the A315 Chiswick High Road.

Viewings

Strictly by appointment with Whitman & Co Commercial.

Terms

Offers are sought in excess of £650,000, subject to contract. Offered on behalf of lpa Receivers.

Purchasers will be required to provide identity information so Anti-Money Laundering checks can be undertaken before an offer can be accepted.

Title & Tenancies

The property is held freehold, Title Number ngl 466931.

The Ground Floor shop is let to Fordel Limited t/a Lark for a term of 10 years from 23rd March 2022 fr&I, with a 5th yr upward only rent review and tenant's break option. The passing rent is £40,000 per annum.

The rear store is let to the neighbouring tenant ma.gi.MI Limited t/a Napoli on the Road at a rent of £4,500pa. The two upper floor flats are currently vacant.