Property for sale

High Street, Acton W3

Description

W3: Mixed Use Freehold for sale in the heart of Acton High Street

New to Market! Same Ownership for 50 Years

A substantial mixed-use freehold extending to approximately 3,129 sq ft, ideally positioned on Acton High Street. The property comprises a well-let ground floor and basement retail unit, producing £32,000 per annum under a 15-year lease from July 2024, together with two spacious two-bedroom flats above.
With further residential income potential, strong High Street visibility and excellent access to Acton Central and the Elizabeth Line, this is an attractive investment opportunity in a rapidly improving part of West London.

The yearly income:

Shop: Commercial premises over the ground floor (1,080 sq ft) and lower ground floor (393 sq ft), totalling 1,473 sq ft. Let at £32,000 per annum under a 15-year lease from July 2024, with the rent increasing to £40,000 per annum in 2034.

Flat A (First Floor): Exceptionally spacious approx. 804 sq ft. Two double-bedrooms flat. Estimated rental income: £1,800-£2,200 pcm.

Flat B (2nd Floor): Exceptionally spacious approx. 804 sq ft. Two double-bedrooms flat with an additional study room. Estimated rental income: £1,800-£2,200 pcm.

Total: Potential Income: Around £80,000 per annum, offering a gross yield of approx. 7.25%

Location:
Ideally positioned in the heart of Acton, the property benefits from excellent visibility and access in a vibrant, well-connected part of West London.
Nearby transport links include:
* Acton Central Station (Overground) - approximately 6 minutes' walk (0.3 miles)
* Acton Main Line Station (Elizabeth Line) - approximately 10 minutes' walk (0.5 miles)
* Acton Town Station (Piccadilly and District Lines) - approximately 15 minutes' walk or 7 minutes by bus (1 mile)
Acton High Street offers a strong mix of independent shops, cafés, restaurants and everyday amenities. The property is a short walk from the shopping centre, including Lidl, Wilko, Superdrug, Boots and The Gym. Nearby occupiers also include Holland & Barrett, Costa Coffee, McDonald's and kfc.
The area benefits from strong footfall, a growing residential population and good appeal to both local residents and commuters. Acton Park is also nearby.

Tenure: Freehold