For Sale

Shop, 79 Askew Road, Shepherds Bush, W12 9AH

  • Building Area 505 sq ft (47 sqm)
  • Sale Price £350,000

Rare investment opportunity

Amenities

  • INVESTMENT - Virtual Freehold
  • T/A Doreen's Coffee House
  • Passing rent: £17,500 p.a.x.
  • Recently refurbished to a high standard
  • Well maintained building
  • Popular local shopping parade
  • Densley populated residential area
  • Rare opportunity
  • New 999 year lease
  • FOR SALE

Description

Trading as Doreen’s Coffee House (business not affected) and forming part of this very well maintained building with residential units above. This commercial premises is arranged over the sunken ground floor (CH 14'1 max.) and mezzanine level (CH 6'8) and has recently been refurbished to a very high standard throughout. Angled window and entrance with steps leading down to sunken floor level with mezzanine to the rear.

This uniquely designed retail Class E Use premises is arranged as follows (gross internal areas):

* Sunken Ground Floor: 395 sq. ft. with fitted kitchenette and WC
* Mezzanine: 110 sq. ft.
* TOTAL: 505 sq. ft.

Situated within this vibrant parade of shops on the east side of Askew Road (B408) between Becklow Road and Hadyn Park Road. The retailers serving this densely populated residential area include Giulia’s Italian restaurant (adjacent), Askewine, Tesco Express, Askew Road Library, Dulux Decorator Centre, Urban eBikes, Ginger Pig Butchers, Laveli Bakery and Marsh & Parsons. Askew Road runs north to south between its junctions with Uxbridge Road (A4020) and Goldhawk Road (A402).

Sale Comments:
Virtual Freehold/Long Leasehold to be held for a new term of 999 years at a Peppercorn Ground Rent. Repairs and insurance by fair proportion - recoverable.

Subject to a subsisting full repairing & insuring lease to Doreen's Coffee House Ltd for a term of 10 years from 18 June 2021 (exp. 2031), subject to RPI linked rent review and tenant only break clause at the 5th year anniversary. The lease is contracted inside the security of tenure & compensations provision of the Landlord & Tenant Act 1954 (as amended).

Passing rent £17,500 p.a.x.

Price: £350,000 VAT is not applicable.

Use Class E - Commercial, Business and Service Council

London Borough of Hammersmith and Fulham

Tenure

Tenanted Investment

EPC

Available upon request

Tenure

Virtual Freehold/Long Leasehold to be held for a new term of 999 years at a Peppercorn Ground Rent. Repairs and insurance by fair proportion - recoverable. Subject to a subsisting full repairing & insuring lease to Doreen's Coffee House Ltd for a term of 10 years from 18 June 2021 (exp. 2031), subject to RPI linked rent review and tenant only break clause at the 5th year anniversary. The lease is contracted inside the security of tenure & compensations provision of the Landlord & Tenant Act 1954 (as amended). Passing rent £17,500 p.a.x.

Viewing

By appointment with MJ Finn Commercial

Building Area 505 sq ft

Agents

Jojo Finn

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