Prime Freehold Retail and Residential Investment with Vacant Flat
Prominent corner location in popular London suburb
Comprises shop and two self-contained flats (one flat vacant)
Close to Chiswick High Street and Chiswick Common
Shop let to Damsel Ltd with two personal guarantees
Close to Turnham Green Underground Station (District and Piccadilly Lines)
Lot 18
Auction 26th March 2020
Rent £61,020 per Annum Exclusive
Status Withdrawn Prior
Price
Sector High Street Retail
Auction Venue The Montcalm Hotel 2 Wallenberg Place Marble Arch London W1H 7TN
On the Instructions of Receivers
Property Information
Location
Miles
6 miles west of Central London
2 miles west of Westfield, London
1.5 miles west of Hammersmith
Roads
A4, A315, A316, M4, A40
Rail
Turnham Green Underground Station (District and Piccadilly Lines)
1.5 miles west of Hammersmith Overground and Underground (Circle/Hammersmith & City Lines)
Air
London Heathrow Airport
Situation
Chiswick is an affluent and fashionable West London suburb some 6 miles west of Central London. The property is approximately 1.5 miles from the North Circular Road (A406) and the M4 which provides direct access to the M25.
The property is situated on Devonshire Road at its junction with Prince of Wales Terrace, close to the busy Chiswick High Road (A315) and 350 metres from Turnham Green Underground Station. Occupiers in Devonshire Road include a number of boutique specialist retailers and restaurants, with traders close by on Chiswick High Street including Caffè Nero, Barclays, Jigsaw, Fired Earth, Joe the Juice, Hotel Chocolat, Ladbrokes and JoJo Maman Bébé.
Tenure
Freehold.
Location
Miles
6 miles west of Central London
2 miles west of Westfield, London
1.5 miles west of Hammersmith
Roads
A4, A315, A316, M4, A40
Rail
Turnham Green Underground Station (District and Piccadilly Lines)
1.5 miles west of Hammersmith Overground and Underground (Circle/Hammersmith & City Lines)
Air
London Heathrow Airport
Situation
Chiswick is an affluent and fashionable West London suburb some 6 miles west of Central London. The property is approximately 1.5 miles from the North Circular Road (A406) and the M4 which provides direct access to the M25.
The property is situated on Devonshire Road at its junction with Prince of Wales Terrace, close to the busy Chiswick High Road (A315) and 350 metres from Turnham Green Underground Station. Occupiers in Devonshire Road include a number of boutique specialist retailers and restaurants, with traders close by on Chiswick High Street including Caffè Nero, Barclays, Jigsaw, Fired Earth, Joe the Juice, Hotel Chocolat, Ladbrokes and JoJo Maman Bébé.
Tenure
Freehold.
Description
The property comprises a ground floor shop with two self-contained flats above. The flats are separately accessed via Prince of Wales Terrace. Each flat comprises an open plan kitchen/living room, two bedrooms and a bathroom.
Note
This property is being marketed for sale on behalf of Receivers and therefore no warranties or guarantees in any respect, including VAT, can be given. The information in these particulars has been provided by the Receivers to the best of their knowledge but the purchaser must rely solely upon their own enquiries. The Receivers are not bound to accept the highest or any offer and are acting in respect of this sale without personal liability.
VAT: See Special Conditions of Sale
EPC
See legal pack at acuitus.co.uk
Description
The property comprises a ground floor shop with two self-contained flats above. The flats are separately accessed via Prince of Wales Terrace. Each flat comprises an open plan kitchen/living room, two bedrooms and a bathroom.
Note
This property is being marketed for sale on behalf of Receivers and therefore no warranties or guarantees in any respect, including VAT, can be given. The information in these particulars has been provided by the Receivers to the best of their knowledge but the purchaser must rely solely upon their own enquiries. The Receivers are not bound to accept the highest or any offer and are acting in respect of this sale without personal liability.
VAT: See Special Conditions of Sale
EPC
See legal pack at acuitus.co.uk
Tenancy & Accommodation
Floor
Use
Floor Areas (Approx)
Tenant
Term
Rent p.a.x.
Reversion
Ground
Retail
68 sq m
(731 sq ft)
DAMSEL LIMITED with two personal guarantees (1)
10 years from 10/11/2010 on a full repairing and insurance lease
£41,220
(09/11/2020)
Flat 1 First & Second
Residential
2 bedrooms
INDIVIDUAL
AST
£19,800
50.10 sq m
(539 sq ft)
Flat 2 First
Residential
2 bedrooms
VACANT
37.50 sq m
(404 sq ft)
Totals
155.60 sq m
(1,675 sq ft)
£61,020
(1) "Opening in 2005 on Chiswick's leafy Devonshire Road, was the realisation of this dream and Damsel has since become the go-to boutique for the woman who values quality, style and comfort when it comes to her wardrobe...Ultimately this is a boutique where the focus is on making you feel good. The combination of gorgeous clothes and sublime service, in comfortable surroundings, makes the Damsel no longer distressed!" (Source: www.damselboutique.co.uk)
If you are the successful bidder, Acuitus requires a separate payment of £1,250+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.
