London Retail Investment
London Retail Investment
Acton is a popular west London residential suburb approximately 6 miles west of Central London close to Ealing and Shepherds Bush. Acton benefits from several major redevelopments such as One West Point, delivering 701 new homes across four buildings; Acton Gardens, a 52 acre site delivering 3,463 with many further developments planned or in construction as well as Crossrail serving Acton Mainline making Acton one of the best connected areas in West London.
The Property is situated on the south side of Crown Street equidistant between Acton Town Underground Station (District, Piccadilly Line) and Acton Central (Overground) and near to the junction of the busy and popular Acton High Street (A4020). Crown Street has a mix of commercial and residential units including a dry cleaners, convenience store, and cafes. Other nearby occupiers include Subway, McDonalds, Lidl, Superdrug and many local pubs, estate agents and restaurants.
Virtual Freehold. Held for a term of 999 years from completion at a ground rent reserved of £150 per annum exclusive. The Freehold is available by separate negotiation.
Acton is a popular west London residential suburb approximately 6 miles west of Central London close to Ealing and Shepherds Bush. Acton benefits from several major redevelopments such as One West Point, delivering 701 new homes across four buildings; Acton Gardens, a 52 acre site delivering 3,463 with many further developments planned or in construction as well as Crossrail serving Acton Mainline making Acton one of the best connected areas in West London.
The Property is situated on the south side of Crown Street equidistant between Acton Town Underground Station (District, Piccadilly Line) and Acton Central (Overground) and near to the junction of the busy and popular Acton High Street (A4020). Crown Street has a mix of commercial and residential units including a dry cleaners, convenience store, and cafes. Other nearby occupiers include Subway, McDonalds, Lidl, Superdrug and many local pubs, estate agents and restaurants.
Virtual Freehold. Held for a term of 999 years from completion at a ground rent reserved of £150 per annum exclusive. The Freehold is available by separate negotiation.
The property comprises a self contained ground floor retail unit. 30 and 36 Crown Street are being offered for sale separately as Lots 1 and 24.
VAT is applicable to this lot.
Six week completion
Band A.
The property comprises a self contained ground floor retail unit. 30 and 36 Crown Street are being offered for sale separately as Lots 1 and 24.
VAT is applicable to this lot.
Six week completion
Band A.
| Floor | Use | Floor Areas (Approx) |
Tenant | Term | Rent p.a.x | Reviews/ (Reversion) |
|
|---|---|---|---|---|---|---|---|
| Ground | Retail | 26.12 sq m |
(281 sq ft) |
N. SIDI TAILORS LIMITED (1) |
12 years from 04/09/2020 until 2032 (2) |
£12,000 | 04/09/2024 and 2028 (04/09/2032) |
| Total |
26.12 sq m |
(281 sq ft)(3) |
£12,000 | ||||
(1) N. Sidi Tailors Limited was incorporated in 2020.
(2) The lease provides the tenant the option to determine the lease on 04/09/2026.
(3) The Floor areas above are those published by the Valuation Office Agency (www.voa.gov.uk)
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.
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