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    Key features

    • Well located Freehold Office and Residential Ground Rent Investment
    • Comprising a ground floor and basement office with flat above (sold off)
    • Office arranged over 1,667 sq ft
    • Close to Goldhawk Road Underground Station
    • Entirely let on a lease expiring 2029
    • VAT is applicable
    • Investment let at £45,600 p.a. (10.13% GIY on Guide Price)

    Description

    The property is arranged on ground and basement floors to provide office and ancillary accommodation throughout.


    The property forms part of a wider building not included in the sale.


    History


    The property formed part of Townhouse Studios, a renowned commercial recording studio complex in Shepherd's Bush, established in 1978 by Virgin Records founder Richard Branson at 150 Goldhawk Road and hosted a number of artists during it's three decades of operation including Queen, Elton John, Oasis, Blur and Coldplay. Source: Grokipedia)

    Additional information

    Tenure

    Freehold

    Accommodation

    Ground Floor - 57.58 sq m (620 sq ft)

    Basement - 97.21 sq m (1,047 sq ft)


    Total - 157.79 sq m (1,667 sq ft)

    Tenancy

    Let to Mark Summers Ltd on an effective full repairing and insuring (FRI) lease for a term of 10 years from April 2019 at £45,600 per annum.


    150A Goldhawk Road is let on a lease for a term of 999 years from January 2025 at a peppercorn ground rent.

    Rent

    £45,600 per annum

    Notes

    Please note the areas provided are approximate. The photos and any drawings are for illustrative purposes only and may not reflect the exact boundary of the property. The property has not been internally inspected by Savills. Prospective purchasers must rely upon their own enquiries in this regard. Please refer to the legal pack.


    Additional charges and fees might be charged by the seller and/or other third parties. You are strongly advised to read the Special Conditions of Sale for the Lot prior to bidding to check for any additional charges and fees.

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      All viewings at this property have now taken place prior to the auction. For further information on the property please download the legal pack or email the property contact.

      Savills are not holding any viewings for this property. For further information please download the legal pack or email the relevant Savills Contact directly.

      Viewings are in the process of being finalised and will be online shortly, please click here for a notification when they go online.

      No set viewings will be available on this property prior to auction due to the tenants in situ. Please refer to the legal pack for further information.

      No set viewings will be available on this property prior to auction due to safety concerns within the property. Please refer to the legal pack for further information.

      There are no formal viewings for this property. You can visit during commercial trading hours as a customer.

      Local information

      Shepherd's Bush is an affluent and popular suburb located between Kensington and Chiswick, some 6 miles west of Central London

      Transport

      Tube - Goldhawk Road Underground Station (Circle and Hammersmith & City Lines)

      Legal documents

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      EPC rating

      If no EPC rating appears please refer to the legal pack.

      Guide prices and common auction conditions

      •Guide prices given are indications within 10% upwards or downwards of where the reserve price may be set at the time of going to print. Please note they are not an indication of the anticipated sale price or a valuation.

      •The reserve price is the minimum price at which the property can be sold.

      •Both the guide price and reserve price may be subject to change up to and including the day of the auction.

      •For unsold properties after an auction an Available price may be listed. This is the price that the seller(s) are looking for post auction, subject to contract and no higher offers, and has no relation to the guide prices listed prior to the auction sale.

      Please note that all prices listed, whether prior to or post auction, are subject to contract.

      The Auctioneers and sellers accept no responsibility for any loss, cost or damage that a buyer may incur as a result of relying on any guide price. It is the buyer's responsibility to decide how much they should bid for any lot. Please check with us for regular updates as guide prices are subject to change prior to the auction.

      The guide price does not include the buyer's fee charged by the auctioneer or VAT which may apply to the sale or other amounts the seller may charge. The seller's Special Conditions of Sale will state whether there are other seller's charges and whether the seller has elected to charge VAT on the sale price.

      Addendums