Brackenbury Estates are proud to present this fantastic investment opportunity of the freehold sale of 4 whole buildings located in the heart of Acton.
The properties are part of a mixed-use terraced building of traditional brick elevations. The ground floor and basement comprise retail accommodation which are currently fully let to retailers including a nail bar, cafe, Lebanese restaurant and a beauty salon. The residential parts are self-contained and comprise part of the rear ground floor, the first, second and third floors. 10 of the 16 flats are fully let on AST's and 6 have been sold off on 125-year leases, which produce an income of £500 per annum from the ground rents. The total income from the residential properties p/a is £155,000 and £58,000 from the commercial ones, with a total of £213,000 p/a.
The premises fall under Class E & C3 Dwelling houses of the Town and Country Planning (Use Classes) (Amendment) (England) Regulations 2020.
The premises are located on the northern side of Churchfield Road near its junction with Newburgh Road, offering fantastic transport links, including Acton Central Overground Station (0.3 mil) and Acton Town Station with District and Piccadilly lines (0.7 mil). Acton High Street and The Oaks Shopping Mall are within the locality where a wealth of national and local operators trade from, including Lidl, Wilko, Poundland, Barclays Bank, The Gym Group and Boots.
Business Rates
London Borough Of Hammersmith & Fulham, Band B
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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