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4 Bedroom End Terrace For Sale Price £850,000

Uxbridge Road, Shepherds Bush, London, W12 7LL

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Contact us quoting Ref.1269
Tenure: Freehold

LOCATION

The property is situated on the A4020 Uxbridge Road at its junction with Bloemfontein Road. Shepherd`s Bush Green and Westfield London are around 1km to the East. Uxbridge Road is a busy and vibrant thoroughfare within this densely populated area of West London.
Shepherd`s Bush Market Underground Station is about 500m to the East.

DESCRIPTION

A substantial, 3 storey end of terrace corner building. The shop trades as Sensual tanning and beauty salon and provides a reception area with partitioned rooms housing tanning beds; the large lower ground floor provides an open plan area currently containing gym equipment and toilet facilities. The property benefits from two self-contained 1 bedroom flats and one studio flat. The accommodation and net internal floor areas are as follows: -

Ground Floor 568 sq.ft ( 52.8 sq.m)
Lower Ground Floor 865 sq.ft ( 80.4 sq.m)
Total 1,433 sq.ft (133.1 sq.m)
First Floor Rear Studio Flat
First Floor 1 bedroom, Kitchen, Living Room and Bathroom
Second Floor 1 bedroom, Kitchen, Living Room and Bathroom

TENANCY

The whole property is let on a 15 year lease from 25 March 2011 until 24 March 2026 to Baltic Enterprises (UK) Ltd at a current rent of £40,000 per annum exclusive.
The lease is on full repairing and insuring terms and there is an upwards only rent review on 25 March 2021. There are no break options within the lease.
It is considered that there is potential to increase the rent at the 25 March 2021 rent review.

TERMS

Offers in the region of £850,000 for the freehold interest and subject to the existing tenancy. A purchase at this level would reflect a net initial yield of around 4.46% assuming usual purchaser`s costs.

Subject to Contract

VAT

VAT is not applicable to the purchase price.

LEGAL COSTS

Each party is to bear their own legal costs
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.

Area Information for Shepherds Bush
Shepherd`s Bush is an area of west London in the London Borough of Hammersmith and Fulham. Although it is primarily residential in character, its focus is the shopping area of Shepherd`s Bush Green, with the Westfield shopping centre lying a short distance to the north. The main thoroughfares are Uxbridge Road, Goldhawk Road and Askew Road, all containing a large number of small and mostly independent shops, pubs and restaurants. The Loftus Road football stadium in Shepherd`s Bush is home to Queens Park Rangers. In 2011, the population of the area was 39,724.

The district is bounded by Hammersmith to the south, Holland Park and Notting Hill to the east, Harlesden to the north and by Acton and Chiswick to the west. White City forms the northern part of Shepherd`s Bush. Shepherd`s Bush comprises the Shepherd`s Bush Green, Askew and White City wards.

This is an approximate location - provided for guidance only
Primary Schools Secondary Schools Nurseries Colleges Railway Stations
This is an approximate location - provided for guidance only

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