Studio flat for sale

PROPERTY OVERVIEWThe property comprises a mid-terrace building featuring commercial accommodation on the ground floor and basement, with a self-contained residential flat above (residential unit sold off). The ground floor commercial unit benefits from a prominent glazed frontage onto Uxbridge Road, providing excellent street visibility.LOCATIONSituated in a highly accessible location, the property sits directly opposite the new six-story development at the corner of Hammersmith Grove (N.J. Law), to the west of the Richford Street junction and diagonally opposite Lime Grove junction. Goldhawk Road (A402), a major thoroughfare connecting Shepherd`s Bush Green (Westfield London) to Chiswick High Road and King Street (A315), is only 75 meters away.The area is well served by multiple bus routes, and the nearby TfL station provides Circle and Hammersmith & City line services. On-street `pay and display` parking is also readily available.COMMERCIAL ACCOMMODATION74 Goldhawk RoadTenant: APEX Learning LTDLease Start: 09/07/2019Lease Expiry: 08/07/2034Annual Rent: ?22,500Estimated Rental Value (ERV): ?23,625Next Rent Review: 09/07/2029RESIDENTIAL ACCOMMODATION74A Goldhawk RoadLease Term: 125 years (from 30/01/1989 29/01/2114)Annual Ground Rent: ?100Bedrooms: 3PLANNING & TENUREPlanning Use: Believed to fall under Class E (commercial) and C3 (residential) under The Town & Country Planning (Use Classes) (Amendment) (England) Regulations.Tenure: Freehold, offered subject to existing leases and tenancies.INVESTMENT TERMSAsking Price: ?399,950, subject to existing tenanciesNet Initial Yield (NIY): 5.65%VAT: To be confirmedLegal Costs: Each party to bear their own costsADDITIONAL INFORMATIONIn compliance with Anti-Money Laundering (AML) regulations, purchasers/tenants will be required to provide information for online verification.NoticePlease note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.Council TaxLondon Borough Of Hammersmith & Fulham, UtilitiesElectric: Mains SupplyGas: NoneWater: Mains SupplySewerage: NoneBroadband: NoneTelephone: NoneOther ItemsHeating: Not SpecifiedGarden/Outside Space: NoParking: NoGarage: No