255 Chiswick High Road
London
W4 4PU

Freehold Retail and Residential Investment in Affluent West London Suburb

  • Shop let to Florist with two separately let valuable flats above let on AST's
  • Highly affluent West London suburb
  • Between Chiswick Park and Turnham Green Tube Stations with numerous bus routes fronting the property
  • Nearby retailers include Waitrose, Boots the Chemist, Gail's Bakery, Specsavers, Greggs and several national bank branches
  • Lot
    5
  • Auction
    09/Jul/2020
  • Rent
    £81,900 per Annum Exclusive
  • Status
    Available
  • Price*
    £1,500,000+
  • Sector
    High Street Retail
  • Auction Venue
    Live Streamed Auction
  • 255 Chiswick High Road<br>London<br>W4 4PU
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* More information on the term "price" can be found here

Property Information

Location
Miles
6 miles west of Central London
Roads
A406 (North Circular), M4
Rail
Chiswick Park (District Line),
Turnham Green Station
(District & Piccadilly Lines)
Air
Heathrow
Situation

Chiswick is an attractive, affluent and highly sought-after West London suburb, located approximately 6 miles west of Central London and 8 miles east of Heathrow Airport. The property is located on the south side of Chiswick High Road, Chiswick's prime retailing thoroughfare. The property benefits from being less than 0.3 miles to Chiswick Park Station (District Line), with Turnham Green Station (District & Piccadilly Lines) also a short walk away. Nearby occupiers include Waitrose, Boots the Chemist, Gail's Bakery, Specsavers, Greggs and several national bank branches. Other national retailers located on Chiswick High Road include Marks & Spencer Food, Hotel Chocolat, Jo Maman Bebe and Waterstones, with many cafes, high end restaurants and independent boutiques making Chiswick a desirable London location.

Tenure

Freehold.

Description

The property comprises a three storey building, arranged as a well-configured ground floor shop, with two refurbished flats above on the first and second floors benefiting from separate access from Chiswick High Road.

VAT

VAT is applicable to this lot.

Completion Period

Six Week Completion Available

EPC

Available from the legal pack at www.acuitus.co.uk.

Tenancy & Accommodation

FloorUseFloor Areas (Approx)TenantTermRent p.a.x
Ground/
Courtyard
Retail
84.08 sq m
(905 sq ft)
POT POURRI FLOWERS
LIMITED (t/a Pot Pourri
Flowers) (1)
15 years from
29/09/2008
£42,300 (2)
FirstResidential (2 bed,
living room, kitchen
& bathroom)
63.36 sq m
(682 sq ft)
INDIVIDUALS (3)2 year AST from
01/08/2018 at
£1,650 pcm
£19,800
SecondResidential (2 bed,
living room, kitchen
& bathroom)
66.43 sq m
(715 sq ft)
INDIVIDUALS1 year AST from
02/12/2019 at
£1,650 pcm
£19,800
Total
213.87 sq m
(2,302 sq ft)
  £81,900 (2)

(1) Pot Pourri Flowers is an award winning florist, established in 1982, providing flower services from individual bouquets to weddings & dinner parties (www.potpourriflowers.co.uk).
(2) A concessionary rent is being paid by the tenant from 01/01/2020 to 28/09/2023 at an annual rent of 38,605 per annum, paid monthly. This concession is personal to the current tenant only - please see legal pack. The Vendor has agreed to to make an allowance to top up the concessionary rent from completion of the sale until the end of the concessionary period.
(3) Tenant in occupation for circa 10 years.

If you are the successful bidder, Acuitus requires a separate payment of £1,000 inclusive of VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.

Due to the current restrictions in movement throughout the UK, the property may not have been inspected by Acuitus. Some photographs may not be current and these will be dated where this is the case. Plans showing nearby occupiers and mention of nearby occupiers may reflect a dated situation as some tenants are not currently in occupation. Floor areas and accommodation details are likely to have been obtained from VOA.Gov.UK and the Vendor.

Property Documents

  • Solicitors Legal Pack
    Updated Date
    03.07.20
    File Size
    28 MB
    Login to View
  • Catalogue Page
    Updated Date
    22.06.20
    File Size
    1 MB
    View PDF
  • Site Plan
    Updated Date
    22.06.20
    File Size
    439 KB
    View PDF
  • Common Auction conditions
    Updated Date
    01.07.20
    File Size
    277 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF
  • Money Laundering Regs
    Updated Date
    20.05.20
    File Size
    694 KB
    View PDF
  • Customer Due Dilligence Form
    Updated Date
    20.05.20
    File Size
    585 KB
    View PDF

Contacts

Acuitus
David MargolisDavid Margolis +44 (0)20 7034 4862 +44 (0)7930 484 440david.margolis@acuitus.co.uk
George GoucherGeorge Goucher +44 (0)20 7034 4860george.goucher@acuitus.co.uk
Associate Auctioneers
CWM 35 Heddon Street
London
W1B 4BP
John Miles 07789 243 998jhm@cwm.co.uk
Seller's Solicitors
Knights Plc 10 Wellington Place
Leeds
West Yorkshire
LS1 4AP
Edwina Hewson 0113 207 0187edwina.hewson@knightsplc.com

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