Located in a prominent position in affluent and popular West London suburb
Comprises a single let shop and 2 x two bedroom separately let flats
Development Potential of Upper Floors (subject to necessary consents)
Opposite Co-op Supermarket with other occupiers nearby including Costa, Tesco Express and a number of independent shops & boutiques
VAT-free investment
Lot 5
Auction 4th November 2021
Rent £49,120 per Annum Exclusive
Status Sold
Price £690,000
Sector High Street Retail
Auction Venue Live Streamed Auction
Property Information
Location
Miles
2 miles north-east Chiswick
3 miles south-west of Notting Hill
7 miles west of Central London
Roads
A40 (Westway), A4 (Hammersmith Flyover), A3220
Rail
Shepherds Bush Underground (Central & Metropolitan Lines) & Overground, Goldhawk Road Underground (Metropolitan & Circle Lines)
Air
Heathrow
Situation
Shepherd`s Bush is a primarily residential West London suburb, 2 miles north-east of Chiswick, 3 miles south-west of Holland Park/Notting Hill and 7 miles west of Central London. Askew Road (B408) connects Uxbridge Road & Goldhawk Road. The property is located in the heart of Askew Road at its junction with Landor Walk, close to Hadyn Park Road and diagonally opposite a Co-op Supermarket and Gayford Road. Occupiers close by include Tesco Express, Costa, Ginger Pig and Askewine, as well as a number of other specialist traders & boutiques.
Tenure
Freehold.
Location
Miles
2 miles north-east Chiswick
3 miles south-west of Notting Hill
7 miles west of Central London
Roads
A40 (Westway), A4 (Hammersmith Flyover), A3220
Rail
Shepherds Bush Underground (Central & Metropolitan Lines) & Overground, Goldhawk Road Underground (Metropolitan & Circle Lines)
Air
Heathrow
Situation
Shepherd`s Bush is a primarily residential West London suburb, 2 miles north-east of Chiswick, 3 miles south-west of Holland Park/Notting Hill and 7 miles west of Central London. Askew Road (B408) connects Uxbridge Road & Goldhawk Road. The property is located in the heart of Askew Road at its junction with Landor Walk, close to Hadyn Park Road and diagonally opposite a Co-op Supermarket and Gayford Road. Occupiers close by include Tesco Express, Costa, Ginger Pig and Askewine, as well as a number of other specialist traders & boutiques.
Tenure
Freehold.
Description
The property comprises a ground floor shop plus 2 x two bedroom self-contained flats, each arranged on part ground and first floors.
The property benefits from separate access to the flats from Landor Walk.
VAT
VAT is not applicable to this lot.
Completion Period
Six Week Completion Available
EPC
See legal pack at www.acuitus.co.uk
Description
The property comprises a ground floor shop plus 2 x two bedroom self-contained flats, each arranged on part ground and first floors.
The property benefits from separate access to the flats from Landor Walk.
VAT
VAT is not applicable to this lot.
Completion Period
Six Week Completion Available
EPC
See legal pack at www.acuitus.co.uk
Tenancy & Accommodation
Lot 5
Floor
Use
Floor Areas (Approx)
Tenant
Term
Rent p.a.x
95 Askew Road
Ground
Retail
40.03 sq m
(431 sq ft)
R A SABIR t/a Capital Hardware
3 years from 20/05/2020
£13,500
95a
Ground & First
Residential - 2 bedrooms
53.97 sq m
(581 sq ft)
INDIVIDUAL
AST - 2 years from 9/02/2020 (1)
£18,200
95b
Ground & First
Residential - 2 bedrooms
49.98 sq m
(538 sq ft)
INDIVIDUAL
AST - 3 years from 6 July 2020 (2)
£17,420
Total Commercial Area
143.98 sq m
(1,550 sq ft)
£49,120
(1) Notice has been served by the landlord to terminate the AST - please see legal pack. (2) AST subject to 6 month rolling break option.
If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.
