- 2 x freehold end-of-terrace Victorian buildings
- 1 x one bed flat, 2 x studio flat and 8 bedsit
- 2 commercial units
- An excellent opportunity for buy-to-let investment
- Commercial E and Residential C3
- Gross Internal Area of 6555 Sq Ft / 609 Sq M
- Mixed Use Investment
- Opportunities for development subject to planning permission (STPP)
- High levels of footfall
- Prime Shepherds Bush location
FREEHOLD COMMERCIAL & RESIDENTIAL INVESTMENT
An outstanding opportunity to acquire two freehold end-of-terrace Victorian buildings, currently configured with 1 x one bed flat, 2 x studio flat and 8 bedsit on the first and second floors, and 2 commercial units on the ground and basement floors, located adjacent to Shepherd's Bush Market underground station.
All residential units are currently leased under Assured Shorthold Tenancies (ASTs), and both commercial units are subject to long leases. The property represents a compelling investment, boasting a combined Gross Rental Income of £206,500 per annum, resulting in a Gross Initial Yield of 7.5%.
The property holds potential for future redevelopment (subject to necessary consent) and offers opportunities for enhanced yearly rent for both the residential and commercial components.
PLEASE NOTE THAT THE PROPERTY IS PRESENTLY TENANTED, AND THE TENANTS WILL CONTINUE TO OCCUPY IT UPON COMPLETION.
London Borough Of Hammersmith & Fulham, To Be Confirmed
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.
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.