£300,000
Est. Mortgage £1,369 per month*

Studio flat for sale

Shepherd`s Bush, London W12 8HA
studio Flat studio Flat

Property description

PROPERTY OVERVIEW
The 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.

LOCATION
Situated 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 ACCOMMODATION
74 Goldhawk Road
Tenant: APEX Learning LTD
Lease Start: 09/07/2019
Lease Expiry: 08/07/2034
Annual Rent: £22,500
Estimated Rental Value (ERV): £23,625
Next Rent Review: 09/07/2029

RESIDENTIAL ACCOMMODATION
74A Goldhawk Road
Lease Term: 125 years (from 30/01/1989 29/01/2114)
Annual Ground Rent: £100
Bedrooms: 3

PLANNING & TENURE
Planning 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 TERMS
Asking Price: £300,000, subject to existing tenancies
Net Initial Yield (NIY): 7.53%
VAT: To be confirmed
Legal Costs: Each party to bear their own costs

ADDITIONAL INFORMATION
In compliance with Anti-Money Laundering (AML) regulations, purchasers/tenants will be required to provide information for online verification.

Notice
Please 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.

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First listed

Over a month ago

Shepherd`s Bush, London W12 8HA

Marketed by

Amber & Co - Shepherds Bush 216 Uxbridge Road Shepherds Bush W12 7JD
Call agent on 020 8022 7411
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Shepherd`s Bush, London W12 8HA - Streetview

DISCLAIMER: Property descriptions and related information displayed on this page are marketing materials provided by Amber & Co - Shepherds Bush. Placebuzz does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Amber & Co - Shepherds Bush for full details and further information.