ASKEW ROAD, 69 Askew Road, Shepherd's Bush

LOCATION

• The property is situated in the West London area of Shepherds Bush among the local shops and amenities of Askew Road. The property is located approximately 20 minutes’ walk from Goldhawk Road railway station, providing underground services on the Circle and Hammersmith & City lines.

DESCRIPTION

• The property comprises a mid-terrace building comprising a ground floor shop and 3 self-contained apartments.

• The ground floor shop extends to a total area of approximately 260 sqft GIA and is let on a 15-year FRI lease (subject to 5 yearly rent reviews) commencing 10^th January 2023 at a rent of £12,000 per annum.

• 3 apartments (2 x 1 bed & 1 x 2 beds) are arranged across part ground to fourth floor, extending to a total area of approximately of approximately 1,343 sqft NSA. The 3 apartments generate a combined passing rent of £60,000 per annum.

• We have been advised that notice has been served on flat B and that the rent is to be topped up by the vendor to a total of £2,000 per calendar month for 1 year.

• The property therefore generates a combined passing rent of approximately £72,000 per annum, reflecting an initial yield of 7.58% at the purchase price.

FURTHER INFORMATION

• to view the area & tenancy schedule, floor plans and images & videos.  

• to view the property on Google street view.

TERMS

• The property is available freehold subject to the existing tenancies.

• Offers in excess of £950,000

£950,000LOCATION

• The property is situated in the West London area of Shepherds Bush among the local shops and amenities of Askew Road. The property is located approximately 20 minutes’ walk from Goldhawk Road railway station, providing underground services on the Circle and Hammersmith & City lines.

DESCRIPTION

• The property comprises a mid-terrace building comprising a ground floor shop and 3 self-contained apartments.

• The ground floor shop extends to a total area of approximately 260 sqft GIA and is let on a 15-year FRI lease (subject to 5 yearly rent reviews) commencing 10^th January 2023 at a rent of £12,000 per annum.

• 3 apartments (2 x 1 bed & 1 x 2 beds) are arranged across part ground to fourth floor, extending to a total area of approximately of approximately 1,343 sqft NSA. The 3 apartments generate a combined passing rent of £60,000 per annum.

• We have been advised that notice has been served on flat B and that the rent is to be topped up by the vendor to a total of £2,000 per calendar month for 1 year.

• The property therefore generates a combined passing rent of approximately £72,000 per annum, reflecting an initial yield of 7.58% at the purchase price.

FURTHER INFORMATION

• to view the area & tenancy schedule, floor plans and images & videos.  

• to view the property on Google street view.

TERMS

• The property is available freehold subject to the existing tenancies.

• Offers in excess of £950,000

LOCATION

• The property is situated in the West London area of Shepherds Bush among the local shops and amenities of Askew Road. The property is located approximately 20 minutes’ walk from Goldhawk Road railway station, providing underground services on the Circle and Hammersmith & City lines.

DESCRIPTION

• The property comprises a mid-terrace building comprising a ground floor shop and 3 self-contained apartments.

• The ground floor shop extends to a total area of approximately 260 sqft GIA and is let on a 15-year FRI lease (subject to 5 yearly rent reviews) commencing 10^th January 2023 at a rent of £12,000 per annum.

• 3 apartments (2 x 1 bed & 1 x 2 beds) are arranged across part ground to fourth floor, extending to a total area of approximately of approximately 1,343 sqft NSA. The 3 apartments generate a combined passing rent of £60,000 per annum.

• We have been advised that notice has been served on flat B and that the rent is to be topped up by the vendor to a total of £2,000 per calendar month for 1 year.

• The property therefore generates a combined passing rent of approximately £72,000 per annum, reflecting an initial yield of 7.58% at the purchase price.

FURTHER INFORMATION

• to view the area & tenancy schedule, floor plans and images & videos.  

• to view the property on Google street view.

TERMS

• The property is available freehold subject to the existing tenancies.

• Offers in excess of £950,000