Auction House London

Lot 17

Restaurant - Commercial Property 

112 Askew Road

Shepherds Bush, London, W12 9BL

Withdrawn Prior

A Commercial Investment Producing £23,300 Per Annum (Rising to £25,000 per annum in June 2021)

Description

The property comprises a mid terrace building arranged to provide a ground and lower ground floor restaurant and two flats above sold off on long leases.

Tenure

Freehold

Location

The property is situated in the west London area of Shepherds Bush among the local shops and amenities of Askew Road. The open spaces of Wendell Park are within close proximity. Transport links are provided by Goldhawk Road underground station (Circle and Hammersmith & City lines).

Note

We have been advised by the seller that the annual rent on the shop will be increasing to £25,000 from 24th June 2021.

Accommodation & Tenancy Schedule

Property Floor Accommodation Tenancy Details Current Rent
Shop Basement & Ground Restaurant Seating Area, Kitchen, WC Let on a 20 year lease from 24th June 2019 £25,000 pa
Flat A First Not Inspected Sold Off on a 125 Year Lease from 25th March 1997 £150 pa (rising)
Flat B Second & Third Not Inspected Sold Off on a 125 Year Lease from 25th March 1997 £150 pa (rising)

Additional Fees

Administration charge: £1,200 including VAT unless otherwise stated in the addendum.

Buyers Premium and Disbursements: Please see the legal pack and the addendum for any disbursements and buyers premium that may be payable by the purchaser on completion.

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Withdrawn
For further information, please register for the legal pack. To speak to a member of our team about this lot, please call us on 020 7625 9007 or email us at info@auctionhouselondon.co.uk

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