For SaleProperty in 148 Shepherds Bush Road, London, W6 7PB£950,000
Property Type
Property
Tenure
Freehold
Price
£950,000
Resources
Description
Mid-terrace mixed-use building - Fully let producing £83,560 per annum
On the instructions of Joint Receivers.
The subject property comprises of a three-storey mid terrace mixed use building, arranged to provide ground floor retail unit with basement, trading as a Dry Cleaners, and two self-contained 2 bedroom flats above, with access from the front of the building, via a separate entrance door.
Accommodation & Tenancies:
Ground floor & Basement: Retail & Storage (Open plan retail, storage, staff w/c) extending to approx. 148.3 sq. m (1,596 sq. ft). FRI lease to Saint Charles Dry Cleaners Limited for 10 years from 21 June 2018. Passing rent is £34,000, following the 21 June 2024 rent review. No breaks.
First floor (Flat C): Two-bedroom flat (Reception, two bedrooms, bathroom/wc and kitchen). Let on an AST producing £2,065 pcm (£24,780 pa), expiring 02/09/2025.
Second floor (Flat D): Two-bedroom flat (Reception, two bedrooms, bathroom/wc and kitchen) extending to approx. 74.97 sq. m (807 sq. ft). Let on an AST producing £2,065 pcm (£24,780 pa), expiring 31/07/2025.
Open House Appointments:
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Please arrive at the start time.
There may be potential to add another floor, subject to obtaining the requisite consents.
Knight Frank have not inspected Flat C or measured the Dry Cleaners. The accommodation has been provided by the vendor. This property is being marketed for sale on behalf of Joint Receivers and therefore no warranties, representations or guarantees are given or will be given in respect of the information in this brochure or any matter relating to the property, including VAT. Any information provided is provided without liability for any reliance placed on it and the Receivers are acting without personal liability.