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£500,000

Goldhawk Road, Shepherd`s Bush, London, W12

  • 0 beds
Other

£500,000

  • 0 beds
Other
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Estimate monthly mortgage payment:

£2,283 per month

Minimum deposit amount:

£25,000
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The property consists of a mid-terrace building with commercial space on the ground floor and basement, along with a self-contained residential flat above.

The residential area includes a three-bedroom flat, which is accessed via a rear service road off Titmuss Street.

The ground floor commercial unit features a prominent glazed frontage onto Uxbridge Road.

The property is prominently located directly across from the new six-story development at the corner of Hammersmith Grove (N.J. Law), to the west of the Richford Street junction, and diagonally opposite the Lime Grove junction. Goldhawk Road (A402), a major traffic route extending from Shepherd`s Bush Green (Westfield London) to Chiswick High Road and King Street (A315), is just 75 meters away. The location is well-served by multiple bus routes, and the nearby London TfL station offers Circle and Hammersmith & City line access. There are also convenient `pay and display` parking options in the surrounding streets.

Commercial
Tenancy and Accommodation Details:
74 Goldhawk Road
Tenant: APEX Learning LTD
Lease Start: 09/07/2019
Lease End: 08/07/2034
Annual Rent: ?22,500
Estimated Rental Value (ERV): ?23,625
Next Rent Review: 09/07/2029

Residential
74A Goldhawk Road
Tenant: Proprietor: Stephane Marie Monard & Chanthasone Meuansanith
Lease Term: 125 years
Lease Start: 30/01/1989
Lease End: 29/01/2114
Annual Rent: ?100
Bedrooms: 3

Planning Use: We believe the property falls under Class E (commercial) and C3 (residential) use, as defined in The Town & Country Planning (Use Classes) (Amendment) (England) Regulations.

Tenure: The property is offered freehold, subject to the existing leases and tenancies.

Terms: Offers are invited at ?500,000, subject to the current tenancies. A purchase at this price would yield a net initial yield (NIY) of 4.52%.

VAT: TBC

Legal Costs: Each party will bear their own legal costs.

Anti-Money Laundering (AML): In compliance with AML regulations, the purchaser/tenants will be required to provide additional information for online verification.

Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.

Council Tax
London Borough Of Hammersmith & Fulham,

Utilities
Electric: Mains Supply
Gas: None
Water: Mains Supply
Sewerage: None
Broadband: None
Telephone: None

Other Items
Heating: Not Specified
Garden/Outside Space: No
Parking: No
Garage: No
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£2,283 per month
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Stamp Duty tax
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£3,750
Mortgage and legal costs:
£999
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