Vause Cribb Chartered Surveyors

Retail Investment W12 £600000 - NOW SOLD

Sold £ 600,000

Address: 330-332 Uxbridge Road, Shepherds Bush, W12 7LL

Use Class: A1/A2

Location:

An attractive freehold commercial investment occupying a prominent corner location with Uxbridge Road and Ingersoll Road with residential upper parts several minutes walk from Shepherds Bush Market tube station. Nearby occupiers include, Winkworths, William Hill, and a range of local independent shops, bars and restaurants.

Accommodation:

TENANCIES:  Ground Floor:Occupied by Abdirizak Hussein and Mohamad Ali who trade as the Kiliminjaro Business Centre by way of a 10 year FRI Lease from June 2010 with no breaks and   5 yearly rent review at a passing rent of £45,000 pa plus Vat.

Residential: two flats sold on 125 year leases from June 2002 at a combined ground rent of £200 doubling every 25 years.                                                               

ACCOMMODATION:         Ground Floor                   1353 sq ft approx

                                        Lower ground Floor           644 sq ft approx                                                 

RENTAL INCOME:               Commercial:                    £45,000 pa subject to review in June 2015

                                          Residential:                      £200 doubling every 25 years  from 2002

PRICE:                                     Offers in excess of £600,000