Back on the market due to abortive transaction - Motivated seller
- FREEHOLD BUILDING
- Development opportunity
- Double fronted
- Class E Use
- Currently occupied by Ormrod electrical
- Business not affected
- Passing rent: £60,000 p.a.x.
- Imposing building
- Conservation area
- Plans available for proposed conversion
- Positive pre-app advice from Hounslow
- FOR SALE
BACK ON THE MARKET DUE TO ABORTIVE TRANSACTION - Motivated seller
Deceptively large two storey double fronted retail premises which has been occupied by Ormrod lighting and electrical for over 30 years - Business not affected. Plans have been prepared for a proposed conversion, STPP, of the first and second floors to two self-contained two flats with the erection of rear dormer windows - Pre application advice issued by Hounslow Council and suggested proposal plans available upon request.
Ground floor GIA: 1,285 sq. ft.
First floor GIA: 1,010 sq. ft.
Loft space incl eaves: 805 sq. ft.
This double fronted building is centrally situated on the south side of Chiswick High Road [A315] - Old Market Place, adjacent to Armstrong Cuthbert Hairdressing and Japanese Knife Company. In this busy parade between Devonshire Road (KFH and Lea & Sandeman wine merchants) and Linden Gardens. Nearby retailers include Nandos, Planet Organic, JoJo Maman Bébé, Borough Kitchen, Waterstones, Marks & Spencer food store and Hotel Chocolat. Convenient for the many bus routes which serve the area and Turnham Green (District line) TfL station. Old Market Place is the location of the monthly flower, cheese and antiques markets.
Freehold For Sale subject to subsisting lease.
LET on a full repairing and insuring lease for a term of 5 years from December 2017, contracted outside of the security of tenure and compensation provisions of Sections 24-28 of the Landlord & Tenant Act 1954 (as amended). Passing rent: £60,000 p.a.x.
BREAK OPTION: Tenant at any time by giving to the Landlord not less than 3 months written notice. Landlord at any time by giving the Tenant not less than 6 months prior written notice.
REDUCED PRICE | Offers in the region of £1,300,000 subject to contract only - VAT is not applicable.
RATES | London Borough of Hounslow. Rateable value: £63,000 (2021/22).
Legal Costs: Each party to pay their own professional fees. However, purchaser to provide an undertaking of £5,000.
Viewing: Strictly through the Vendor's sole agent.
London Borough of HounslowTenure
Available upon requestTenure
Freehold For Sale subject to subsisting lease. LET on a full repairing and insuring lease for a term of 5 years from December 2017, contracted outside of the security of tenure and compensation provisions of Sections 24-28 of the Landlord & Tenant Act 1954 (as amended). BREAK CLAUSE: Tenant option at any time by giving to the Landlord not less than 3 months prior written notice. Landlord at any time by giving the Tenant not less than 6 months prior written notice.Viewing
By appointment with MJ Finn CommercialBuilding Area 3,100 sq ft