Commercial property for sale in London, England

Description An exceptional opportunity to acquire this hugely flexible retail unit arranged across Formerly the home of the highly respected Gray & Lowe carpet company, the property is now offered fully vacant and requires modernisation throughout. There is a large retail showroom space to the Ground Floor with offices to the rear and a staircase leading down to a Basement storage area with good ceiling height. A washroom and kitchenette are installed at the property and there is rear access which we have yet to verify in terms of rights to pass over. The property is also being offered with the benefit of the Freehold which contain three residential apartments to the upper floors, all of which have been sold off on long leases. Anticipated rental value for the property is £35,000 per annum which will provide an exceptional income stream and yield performance to any potential investor. Prospective Purchasers should note that once an offer has been accepted by the seller, they will be required to offer the Freehold to the Leaseholders of the uppers floors under Rights of First Refusal legislation. Once these Notices have expired, the property can then be sold. Location The subject property enjoys a very prominent location along the Uxbridge Road at the much favoured end towards Shepherds Bush Green. There are a number of established retailers in the immediate vicinity to include Costa Coffee, Sainsbury’s Local, Tesco’s and the exceptional Shepherds Bush Market. The retail space is also located close to Shepherds Bush Station (Hammersmith& City Line) and a short walk from the Central Line on the Green and the Westfield Shopping Centre. Terms Rateable Value: Interested parties are advised to make their own enquiries with the Local Authority (London Borough of Hammersmith & Fulham). Method of Sale: The site will be sold by way of Private Treaty. VAT: Not Applicable. Viewings: Strictly through the sole agents, Winkworth Developments & Investments on and made by prior appointment. EPC: Available on request. Price: A Guide Price of £375,000 subject to contract.

Commercial property for sale in London, England

Commercial property for sale

Description

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