299 Chiswick High Road Chiswick London W4 4HH

299 Chiswick High Road
Chiswick
London
W4 4HH

Freehold Investment

  • Let until 2035 (No breaks)
  • Attractive, affluent and highly fashionable West London suburb
  • Important Rent Review Outstanding (1)
  • No rental arrears
  • Approximately 400 metres from Chiswick Park Business park
  • Neighbouring occupiers include Cotswold Outdoor, Neptune, Majestic Wine, Halfords, HSBC and Caffe Nero.
  • Lot
    1
  • Auction
    28th October 2020
  • Rent
    £24,000 per Annum Exclusive
  • Status
    Sold
  • Price
    £403,000
  • Sector
    High Street Retail
  • Auction Venue
    Live Streamed Auction
Important Update
  • Expand
  • Photos
  • Map

* More information on the term "guide" can be found here

Freehold Investment

  • Let until 2035 (No breaks)
  • Attractive, affluent and highly fashionable West London suburb
  • Important Rent Review Outstanding (1)
  • No rental arrears
  • Approximately 400 metres from Chiswick Park Business park
  • Neighbouring occupiers include Cotswold Outdoor, Neptune, Majestic Wine, Halfords, HSBC and Caffe Nero.
  • Lot 1
  • Auction 28th October 2020
  • Rent
  • Status Sold
  • Price £403,000
  • Sector
    High Street Retail
  • Auction Venue
    Live Streamed Auction

Property Information

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

Chiswick is an attractive, affluent and highly fashionable West London suburb, located approximately 6 miles west of Central London and 8 miles east of Heathrow Airport. The property is prominently located on the south side of Chiswick High Road (A315), Chiswick's prime retailing thoroughfare. The property benefits from being less than 150 metres to Chiswick Park Station (District Line), with Turnham Green Station (District & Piccadilly Lines) also a short walk away. The property benefits from being some 400 metres from the major Chiswick Park Business Park which comprises 1,800,000 sq ft of offices, accommodating 10,000 workers from 75 companies (www.enjoy-work.com/the-park/availability) Neighbouring occupiers include Cotswold Outdoor, Neptune, Majestic Wine, Halfords, HSBC and Caffe Nero. Other national retailers located on Chiswick High Road include Waitrose, Starbucks, Boots the Chemist, Gail's Bakery, Greggs and several national bank branches.

Tenure

Freehold.

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

Chiswick is an attractive, affluent and highly fashionable West London suburb, located approximately 6 miles west of Central London and 8 miles east of Heathrow Airport. The property is prominently located on the south side of Chiswick High Road (A315), Chiswick's prime retailing thoroughfare. The property benefits from being less than 150 metres to Chiswick Park Station (District Line), with Turnham Green Station (District & Piccadilly Lines) also a short walk away. The property benefits from being some 400 metres from the major Chiswick Park Business Park which comprises 1,800,000 sq ft of offices, accommodating 10,000 workers from 75 companies (www.enjoy-work.com/the-park/availability) Neighbouring occupiers include Cotswold Outdoor, Neptune, Majestic Wine, Halfords, HSBC and Caffe Nero. Other national retailers located on Chiswick High Road include Waitrose, Starbucks, Boots the Chemist, Gail's Bakery, Greggs and several national bank branches.

Tenure

Freehold.

Description

The property comprises a self contained commercial units with ground floor retail accommodation and ancilarry accommodation in the basement. The first and second floors comprise residential flats that have been let on long leases.

VAT

VAT is not applicable to this lot.

Completion Period

Six week completion

EPC

See legal pack.

Description

The property comprises a self contained commercial units with ground floor retail accommodation and ancilarry accommodation in the basement. The first and second floors comprise residential flats that have been let on long leases.

VAT

VAT is not applicable to this lot.

Completion Period

Six week completion

EPC

See legal pack.

Tenancy & Accommodation

Floor Use Floor Areas (Approx) Tenant Term Rent p.a.x Reviews/(Reversion)
Basement
Ground
Retail
Ancillary
42.76 sq m
38.40 sq m
(460 sq ft)
(413 sq ft)
INDIVIDUAL 20 years from
25/03/2015 until
24/03/2035
£24,000 25/03/2020 (1)
5 yearly rent
reviews
First Residential
1 bed flat

INDIVIDUAL 125 years from
2017
peppercorn  
Second Residential
1 bed flat

INDIVIDUAL 170 years from
2013
peppercorn  
Total Commercial Floor Area
81.16 sq m
(873 sq ft)     £24,000  

(1) As to the March 2020 Rent Review the Seller has served a rent review notice on the tenant proposing a new rent of £28,000 per annum exclusive.

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.

Property Documents

  • Catalogue Page
    Updated Date
    07.10.20
    File Size
    5 MB
    View PDF
  • Site Plan
    Updated Date
    07.10.20
    File Size
    860 KB
    View PDF
  • Common Auction conditions
    Updated Date
    10.06.21
    File Size
    168 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Acuitus
John MehtabJohn Mehtab +44 (0)20 7034 4855 +44 (0)7899 060 519john.mehtab@acuitus.co.uk
Seller's Solicitors
Capital Solicitors LLP
Layla Alkhoee 02073770847layla@capitalsolicitors.com

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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