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Suites 11-14 West 12 Studios, 2a Askew Crescent, Shepherd's Bush, London, W12 9DP

700 Sq Ft / Other

For Sale - £320,000.00

Available - Last updated: 05 November 2024

Summary

West 12 Studios comprise a glorious and expansive set of private offices in the heart of Shepherds Bush.

Boasting exceptional levels of privacy and security, Units 11 – 14 are located on the first floor and have been combined to form one single lateral set of office/workshop spaces with their own private entrance. The rooms are all set off a long entrance hall with superior levels of natural light, separate kitchen and bathroom areas and a sense of calm that is hard to find within such a Central London location. Numerous independent, creative artists occupy the mews creating a harmonious and secure set of spaces that would attract both an owner-occupier and a long-term investor.

The Investment Summary for this property is outstanding with an ERV of £19,500 per annum thereby providing a Gross Initial Yield of 6.4%.


Key Points

  • Striking self-contained offices.
  • Private Gated Courtyard Development.
  • Excellent levels of natural light.
  • Secure off street parking.
  • Full vacant possession.
  • Location

    The subject property is located in Shepherds Bush within the London Borough of Hammersmith & Fulham. West 12 Studios enjoys a highly convenient position less than 1 mils from the extensive restaurants and cafes of Shepherds Bush Green and Westfield Shopping Centre.

    Terms

    Legal Title & Tenure: The Leasehold Title is as follows:-

    • (Title Number: BGL71547). This is being sold with the benefit of full vacant possession.

    Services: It is our understanding that mains water, electricity, gas and drainage are provided. However, it is the responsibility of the purchaser to ensure that services are available and adequate for any proposed development.

    AML: The purchaser will be required to provide the necessary information to satisfy AML requirements.

    Viewings: The properties may be inspected internally strictly through prior appointment. Prospective purchasers should be aware that inspections are made entirely at their own risk and no liability is accepted by the vendor or their agent.

    VAT: Not Applicable.

    Business Rates: The property has a current rateable value of £12,000 per annum with the potential for Small Business Rates Relief.

    Estate Charge: To Be Confirmed.

    Method of Sale: The property is to be sold by way of Private Treaty with a guide price of £320,000. (Three Hundred & Twenty Thousand Pounds), subject to contract.

    Property Quote Price(s)

    DescriptionSale typeGuide pricePrice type
      For Sale Leasehold £320,000.00 NA

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    Contact agents

    Tom Lewin

    Winkworth Commercial

    020 3151 9686

    Adam Stackhouse

    Winkworth Commercial

    020 3151 9704

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