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.
Business Rates
London Borough Of Hammersmith & Fulham
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.
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.
| Utility |
Supply Type |
| Electric |
Mains Supply |
| Gas |
None |
| Water |
Mains Supply |
| Sewerage |
None |
| Broadband |
None |
| Telephone |
None |
| Other Items |
Description |
| Heating |
Not Specified |
| Garden/Outside Space |
No |
| Parking |
No |
| Garage |
No |
| Broadband Coverage |
Highest Available Download Speed |
Highest Available Upload Speed |
| Standard |
16 Mbps |
1 Mbps |
| Superfast |
287 Mbps |
45 Mbps |
| Ultrafast |
1000 Mbps |
1000 Mbps |
| Mobile Coverage |
Indoor Voice |
Indoor Data |
Outdoor Voice |
Outdoor Data |
| EE |
Likely |
Likely |
Enhanced |
Enhanced |
| Three |
Likely |
Likely |
Enhanced |
Enhanced |
| O2 |
Enhanced |
Enhanced |
Enhanced |
Enhanced |
| Vodafone |
Likely |
Likely |
Enhanced |
Enhanced |
Broadband and Mobile coverage information supplied by Ofcom.
