141 / 143 High Street Acton London W3 6LX

141 / 143 High Street
Acton
London
W3 6LX

Freehold Retail Investment

Let to Instant Cash Loans Limited t/a The Money Shop until 2027 (subject to option)
Prominent town centre location
Directly opposite the new Oaks Shopping Centre with pre lets including M&S Simply Food, Wilko and Lidl.
Crossrail Station to open close by in 2019
Neighbouring occupiers include Boots, McDonald's, NatWest, Costa and Vodafone

Lot
3
Auction
14th February 2018
Rent
£37,500 per Annum Exclusive
Status
Sold Post
Price
Auction Venue
The Radisson Blu Portman Hotel
22 Portman Square
London W1H 7BG

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Freehold Retail Investment

Let to Instant Cash Loans Limited t/a The Money Shop until 2027 (subject to option)
Prominent town centre location
Directly opposite the new Oaks Shopping Centre with pre lets including M&S Simply Food, Wilko and Lidl.
Crossrail Station to open close by in 2019
Neighbouring occupiers include Boots, McDonald's, NatWest, Costa and Vodafone

Lot 3
Auction 14th February 2018
Rent £37,500 per Annum Exclusive
Status Sold Post
Price
Sector
High Street Retail
Auction Venue
The Radisson Blu Portman Hotel
22 Portman Square
London W1H 7BG

Property Information

Location

Miles: 7 miles west of the City of London, 1 mile east of Ealing
Roads: A4020, A406 (north circular road) A40, M4
Rail: Acton Central (London Overground), Acton Town, Underground (District and Piccadilly Lines)
Air: Heathrow Airport

Situation

The property is prominently situated on the south side of High Street, on the junction with Oldham Terrace Road The area is well connected by rail and road with the new crossrail services which are due to start operating from Acton Mainline in 2019, reducing journey times to Bond Street to just 9 minutes. The property benefits from being directly opposite the new Oaks Shopping Centre, which provided 11 new retail units, a gym and 178 flats. 3 units have been pre let to Marks & Spencer Simply Food, Wilko and Lidl. Neighbouring occupiers include Boots, McDonald's, NatWest, Costa and Vodafone.

Tenure

Freehold.

Location

Miles: 7 miles west of the City of London, 1 mile east of Ealing
Roads: A4020, A406 (north circular road) A40, M4
Rail: Acton Central (London Overground), Acton Town, Underground (District and Piccadilly Lines)
Air: Heathrow Airport

Situation

Tenure

Freehold.

Description

The property comprises ground floor retail unit with ancillary accommodation in the basement. The three upper floors provide self-contained residential accommodation which have been let on a long lease.

VAT

VAT is not applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

VAT

VAT is not applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor	Use	Floor Areas (Approx)		Tenant	Term	Rent p.a.x	Reversion
Ground Mezzanine Basement	Retail/Ancillary Storage Storage	75.96 sq m 1.49 sq m 29.70 sq m	(818 sq ft) (16 sq ft) (320 sq ft)	INSTANT CASH LOANS LTD t/a The Money Shop (1)	10 years from 8th December 2017 (2)	£37,500	07/12/2022 07/12/2027
First Second Third	Residential Residential Residential	Not measured			999 years from completion of the sale	Peppercorn
Totals (Commercial)		107.15 sq m	(1,154 sq ft)			£37,500

(1) Instant Cash Loans Limited are a provider of financial services to a wide range of customers nationwide, with products including loans, pawnbroking, cash for gold, travel money, jewellery and watches and cheque cashing. Instant Cash Loans Limited operate from hundreds of stores nationwide (www.themoneyshop.com).
(2) The lease provides for a tenant option to determine on 07/12/2022.