Auction House London

Lot 37

 

7 High Street

Acton, London, W3 6NG

£550,000+

Guide Price (plus fees)

A Commercial and Residential Investment Producing £54,571.52 per annum

Description

Tenure

Freehold

Location

The property is situated on an established High Street in the West London area of Acton. The open spaces of Acton Park are within walking distance. Transport links are provided by Acton Central rail station.

Exterior

The property benefits from a rear courtyard garden demised to the ground floor flat.

Description (2nd Column)

The property comprises a ground floor lock up shop along with four self contained flats situated within a mid terrace building arranged over ground and two upper floors.

Addendum

Sold Prior

Accommodation & Tenancy Schedule

Property Floor Accommodation Tenancy Details Current Annual Rent
Shop Ground Shop Floor, Separate WC with wash basin Let to Ardeshir Doralibany T/A Ashi's Barber Shop for a term of 25 years commencing 25th October 2013 producing £2,750 per quarter. £11,000
Flat A Ground Studio Flat 6 month AST from 14th June 2012 (holding over) at a rent of £953.33 pcm £11,439.96
Flat B First One Bedroom Flat 6 month AST from 20th November 2012 (holding over) at a rent of £953.33 pcm £11,439.96
Flat C Second One Bedroom Flat One year AST from 7th March 2014 at a rent of £974.30 pcm £11,691.60
Flat D Half Landing Studio Flat 6 month AST from 17th October 2012 at a rent of £750 pcm £9,000

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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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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