Withdrawn
Withdrawn Prior
Sold
Sold Prior
Sold Post
The property comprises a high yielding retail investment set within a popular West London parade.
Arranged across ground and first floors, the property provides a retail unit to the ground floor with residential upper parts sold off on a long leasehold basis.
The ground floor is let to a barbers on a ten year lease expiring 26/01/2032 and producing a rent of £22,000 per annum. The upper parts produce a ground rent of £250 per annum.
The property forms part of a popular local parade and sits at the junction of Southfield Road and Acton Lane. The area is predominantly laid to residential with some surrounding local retail amenity.
Tenure
Freehold
Tenancy
The ground floor is let to The Dapper Horse Limited, trading as a Barbers, for a term of 10 years expiring 26/01/2032 and producing £22,000 per annum. The lease is on full repairing and insuring terms and includes a rent review in the 5th year.
There is a tenant break option in 2024.
The upper parts are sold off on a long leasehold basis producing a total ground rent of £250 per annum.
Rent