Freehold Retail and Residential Investment in Popular West London Suburb
Comprises a delicatessen with three separately accessed flats above (2 x 1 bed and 1 x studio)
Entirely let to Baltic Enterprises (UK) Limited until March 2026 t/a Mleczko
Asset Management Opportunities including possible future surrender of residential parts and potential conversion or extension of attic space
Prominent corner location on busy Uxbridge Road nearby Shepherd's Bush and Goldhawk Road Tube Stations
VAT-free London Investment
Lot 8
Auction 18th May 2022
Rent £50,000 per Annum Exclusive
Status Sold
Price £1,035,000
Sector High Street Retail, Residential
Auction Venue Live Streamed Auction
On the Instructions of Executors
Property Information
Location
Miles
2 miles north-east of Chiswick, 3 miles south-west of Notting Hill, 7 miles west of Central London
Roads
A4 (Hammersmith Flyover), A40 (Westway), A3320
Rail
Shepherd's Bush Underground (Central & Metropolitan Lines) & Overground, Goldhawk Road Underground (Metropolitan & Circle Lines)
Air
Heathrow
Situation
The property is located on Uxbridge Road (A4020) at its junction with Bloemfontein Road, a busy and vibrant road in an affluent and popular West London suburb. The location benefits from a mix of residential and commercial properties including a range of independent and multiple retailers. Shepherd's Bush Market, Queens Park Rangers Football Club and Westfield Shopping Centre are all close by.
Tenure
Freehold.
Location
Miles
2 miles north-east of Chiswick, 3 miles south-west of Notting Hill, 7 miles west of Central London
Roads
A4 (Hammersmith Flyover), A40 (Westway), A3320
Rail
Shepherd's Bush Underground (Central & Metropolitan Lines) & Overground, Goldhawk Road Underground (Metropolitan & Circle Lines)
Air
Heathrow
Situation
The property is located on Uxbridge Road (A4020) at its junction with Bloemfontein Road, a busy and vibrant road in an affluent and popular West London suburb. The location benefits from a mix of residential and commercial properties including a range of independent and multiple retailers. Shepherd's Bush Market, Queens Park Rangers Football Club and Westfield Shopping Centre are all close by.
Tenure
Freehold.
Description
The property comprises a shop arranged on the ground floor & lower ground floor and two self-contained one bedroom flats and one self-contained studio arranged on the first and second floors. The residential accommodation is accessed from Bloemfontein Road with an internal staircase to both floors.
In addition, to the rear of the lower ground floor is a small concrete yard with an area of covered storage underneath the ground floor decking area and stairs leading up to a service road at ground floor level.
VAT
VAT is not applicable to this lot.
Completion Period
6 week completion
EPC
Shop - Band C
Flats - Band D & E
Description
The property comprises a shop arranged on the ground floor & lower ground floor and two self-contained one bedroom flats and one self-contained studio arranged on the first and second floors. The residential accommodation is accessed from Bloemfontein Road with an internal staircase to both floors.
In addition, to the rear of the lower ground floor is a small concrete yard with an area of covered storage underneath the ground floor decking area and stairs leading up to a service road at ground floor level.
15 years from 25/03/2011 on a full insuring and repairing lease
£50,000
Total
258.08 sq m
(2,778 sq ft)
£50,000
(1) 1 x one bed flat and 1 x Studio (2) 1 x one bed flat (3) Mleczko is a Delicatessen & Bakery who operate 15 shops with other locations including Acton, South Ealing, Hanwell, Kenton and Sudbury Hill. We understand that the tenant sublets the residential accommodation above the shop.
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.
