A freehold retail investment prominently positioned on Goldhawk Road, currently let to APEX Learning Ltd and producing £22,600 per annum, reflecting a net initial yield of 7.5%. The property benefits from a long lease to 2034, providing a secure income stream in a well-established West London location.
The property comprises a mid-terrace building arranged over ground floor and basement levels, forming a well-configured commercial unit with strong frontage onto Goldhawk Road.
The unit benefits from a prominent glazed frontage, offering excellent visibility and footfall in a busy retail and residential area.
The upper parts have been sold off on a long lease, producing an additional ground rent income.
The property comprises a mid-terrace building arranged over ground floor and basement levels, forming a well-configured commercial unit with strong frontage onto Goldhawk Road.
The unit benefits from a prominent glazed frontage, offering excellent visibility and footfall in a busy retail and residential area.
The upper parts have been sold off on a long lease, producing an additional ground rent income.
TENANCY & INCOME
COMMERCIAL UNIT (74 GOLDHAWK ROAD)
• Tenant: APEX Learning Ltd
• Lease Term: 15 years from 09/07/2019
• Lease Expiry: 08/07/2034
• Passing Rent: £22,500 per annum
• ERV: £23,625 per annum
• Next Rent Review: July 2029
RESIDENTIAL UPPER (74A GOLDHAWK ROAD)
• Sold off on a long lease (125 years from 1989)
• Ground Rent: £100 per annum
ACCOMMODATION
Ground Floor: approx. 664 sq ft
Basement: approx. 643 sq ft
Total: approx. 1,307 sq ft
LOCATION
The property is situated on Goldhawk Road, a well-established retail location in Shepherd's Bush, benefiting from strong levels of footfall and excellent connectivity.
The area is within close proximity to Shepherd's Bush Market Station and Goldhawk Road Station, providing access to the Circle and Hammersmith & City lines.
The wider area continues to benefit from ongoing regeneration and proximity to Westfield London and Shepherd's Bush Green.
TENURE & PROPOSAL
Tenure: Freehold (subject to existing tenancies)
Price: £300,000 (OIEO)
Net Initial Yield: 7.5%
ADDITIONAL INFORMATION
Planning use believed to fall under Class E (commercial)
VAT: To be confirmed
Each party to bear their own legal costs
Business Rates
London Borough Of Hammersmith & Fulham, Business Rates
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 |
Electric Heaters |
| Garden/Outside Space |
No |
| Parking |
No |
| Garage |
No |
| Broadband Coverage |
Highest Available Download Speed |
Highest Available Upload Speed |
| Standard |
16 Mbps |
1 Mbps |
| Superfast |
267 Mbps |
41 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.
