High Street, London, W3

Commercial (uncategorised) ~ New instructionReference ID: 758

£999,950 (£230,758 PW)

Description

Prime High Street Shop - 1000 sq ft approx.
Global brand covenant
New 10 year Lease started May 2023
Included independent 2 bed garden flat above
Potential to add another floor subject to planning
Potential to increase apartment rent to market level
Potential to increase value of apartment

Gross Initial Yield: 5.3%
Rental Income: £53,000 p.a.
Let until 2033, with a break in 2028
Rent increase in 2028 agreed to £37,500

Tenancy:

The shop is at present let to a global brand T4 Bubble Tea, with over 50 branches in the UK. New Lease for a term of 10 years from May 2023 at a current rent of £35,000 per annum and the lease contains full repairing and insuring covenants. Rent increased to £37,500 in 2028.

 

The apartment is let at £1500 pcm to same tenant for last 16 years. Potential to increase to market value of £2,000 pcm.

 

The property is held in a single title.


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Photos

Floorplan

EPC

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Map & nearby

Primary
Derwentwater Primary School
Primary Distance: 0.19m
Primary
ARK Priory Primary Academy
Primary Distance: 0.24m
Nursery
South Acton Childrens Centre
Nursery Distance: 0.29m
College
Leap Service - the National Autistics Society
College Distance: 0.31m
Primary
Berrymede Junior School
Primary Distance: 0.34m
Primary
Berrymede Infant School
Primary Distance: 0.34m
Primary
St Vincent's Catholic Primary School
Primary Distance: 0.35m
Secondary
Twyford Church of England High School
Secondary Distance: 0.36m
Nursery
Maples Children's Centre
Nursery Distance: 0.39m
Secondary
Acton High School
Secondary Distance: 0.47m
Primary
East Acton Primary School
Primary Distance: 0.65m
Primary
Southfield Primary School
Primary Distance: 0.70m
Primary
West Acton Primary School
Primary Distance: 0.79m
Primary
Wendell Park Primary School
Primary Distance: 0.95m
Primary
John Perryn Primary School
Primary Distance: 1.01m
Secondary
The Ellen Wilkinson School for Girls
Secondary Distance: 1.01m
Primary
Belmont Primary School
Primary Distance: 1.02m
Primary
Good Shepherd RC Primary School
Primary Distance: 1.12m
Acton Old Town Hall (Stop F)
Bus Distance: 0.02m
Acton Old Town Hall (Stop G)
Bus Distance: 0.05m
Acton Old Town Hall (Stop L)
Bus Distance: 0.05m
Acton Old Town Hall Salisbury Street (Stop K)
Bus Distance: 0.08m
Acton Market Place (Stop E)
Bus Distance: 0.09m
Acton Market Place (Stop Z2)
Bus Distance: 0.17m
Acton, Meon Road Petersfield Road (N-bound)
Bus Distance: 0.18m
Acton Central (Stop J)
Bus Distance: 0.19m
Acton Horn Lane (Stand Z3)
Bus Distance: 0.19m
Acton Central Rail Station
Train Distance: 0.26m
South Acton Rail Station
Train Distance: 0.50m
Acton Town Underground Station
Tube Distance: 0.58m
Acton Main Line Rail Station
Train Distance: 0.71m
Chiswick Park Underground Station
Tube Distance: 0.85m
Ealing Common Underground Station
Tube Distance: 0.88m
West Acton Underground Station
Tube Distance: 0.94m
Turnham Green Underground Station
Tube Distance: 1.01m
Gunnersbury Rail Station
Train Distance: 1.09m
Gunnersbury Underground Station
Tube Distance: 1.09m
East Acton Underground Station
Tube Distance: 1.13m
North Ealing Underground Station
Tube Distance: 1.14m
North Acton Underground Station
Tube Distance: 1.21m
Stamford Brook Underground Station
Tube Distance: 1.28m
Gunnersbury, Kew Bridge Rail Station
Train Distance: 1.45m
Ealing Broadway Rail Station
Train Distance: 1.53m
Chiswick Rail Station
Train Distance: 1.78m
Willesden Junction Rail Station
Train Distance: 2.04m
Willesden Junction Low Level Rail Station
Train Distance: 2.04m
Harlesden Rail Station
Train Distance: 2.08m
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Information

Under the Property Misdescription Act 1991 we endeavour to make our sales details accurate and reliable but they should not be relied upon as statements or representations of fact and they do not constitute any part of an offer of contract. The seller does not make any representations to give any warranty in relation to the property and we have no authority to do so on behalf of the seller. Services, fittings and equipment referred to in the sales details have not been tested (unless otherwise stated) and no warranty can be given as to their condition. We strongly recommend that all the information which we provide about the property is verified by yourself or your advisers. Under the Estate Agency Act 1991 you will be required to give us financial information in order to verify you financial position before we can recommend any offer to the vendor.

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Contact agent

Maninder Maker
Slough City Real Estates Limited

Details about

High Street, , W3

£999,950
(£230,758 PW)
  • Commercial (uncategorised)
  • 0 Reception
  • 1 Bathroom
  • Studio Bedroom
  • Garden: Yes
  • Parking: No
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Key features

High Street Location, Glass Shop front, Semi- Commercial, Excellent Location, Close to Public transport, Shops and Amenities, Long Let