95, 95a & 95b Askew Road, Shepherd`s Bush London W12 9AS

95, 95a & 95b Askew Road,
Shepherd`s Bush
London
W12 9AS

Freehold Retail and Residential Investment

Located in a prominent position in affluent and popular West London suburb
Comprises a single let shop and 2 x two bedroom separately let flats
Development Potential of Upper Floors (subject to necessary consents)
Opposite Co-op Supermarket with other occupiers nearby including Costa, Tesco Express and a number of independent shops & boutiques
VAT-free investment

Lot
5
Auction
4th November 2021
Rent
£49,120 per Annum Exclusive
Status
Sold
Price
£690,000
Auction Venue
Live Streamed Auction

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Freehold Retail and Residential Investment

Located in a prominent position in affluent and popular West London suburb
Comprises a single let shop and 2 x two bedroom separately let flats
Development Potential of Upper Floors (subject to necessary consents)
Opposite Co-op Supermarket with other occupiers nearby including Costa, Tesco Express and a number of independent shops & boutiques
VAT-free investment

Lot 5
Auction 4th November 2021
Rent £49,120 per Annum Exclusive
Status Sold
Price £690,000
Sector
High Street Retail
Auction Venue
Live Streamed Auction

Property Information

Location

Miles: 2 miles north-east Chiswick; 3 miles south-west of Notting Hill; 7 miles west of Central London
Roads: A40 (Westway), A4 (Hammersmith Flyover), A3220
Rail: Shepherds Bush Underground (Central & Metropolitan Lines) & Overground, Goldhawk Road Underground (Metropolitan & Circle Lines)
Air: Heathrow

Situation

Shepherd`s Bush is a primarily residential West London suburb, 2 miles north-east of Chiswick, 3 miles south-west of Holland Park/Notting Hill and 7 miles west of Central London. Askew Road (B408) connects Uxbridge Road & Goldhawk Road. The property is located in the heart of Askew Road at its junction with Landor Walk, close to Hadyn Park Road and diagonally opposite a Co-op Supermarket and Gayford Road. Occupiers close by include Tesco Express, Costa, Ginger Pig and Askewine, as well as a number of other specialist traders & boutiques.

Tenure

Freehold.

Location

Miles: 2 miles north-east Chiswick; 3 miles south-west of Notting Hill; 7 miles west of Central London
Roads: A40 (Westway), A4 (Hammersmith Flyover), A3220
Rail: Shepherds Bush Underground (Central & Metropolitan Lines) & Overground, Goldhawk Road Underground (Metropolitan & Circle Lines)
Air: Heathrow

Situation

Tenure

Freehold.

Description

The property comprises a ground floor shop plus 2 x two bedroom self-contained flats, each arranged on part ground and first floors.

The property benefits from separate access to the flats from Landor Walk.

VAT

VAT is not applicable to this lot.

Completion Period

Six Week Completion Available

EPC

See legal pack at www.acuitus.co.uk

Description

VAT

VAT is not applicable to this lot.

Completion Period

Six Week Completion Available

EPC

See legal pack at www.acuitus.co.uk

Tenancy & Accommodation

Lot 5	Floor	Use	Floor Areas (Approx)		Tenant	Term	Rent p.a.x
95 Askew Road	Ground	Retail	40.03 sq m	(431 sq ft)	R A SABIR t/a Capital Hardware	3 years from 20/05/2020	£13,500
95a	Ground & First	Residential - 2 bedrooms	53.97 sq m	(581 sq ft)	INDIVIDUAL	AST - 2 years from 9/02/2020 (1)	£18,200
95b	Ground & First	Residential - 2 bedrooms	49.98 sq m	(538 sq ft)	INDIVIDUAL	AST - 3 years from 6 July 2020 (2)	£17,420
Total Commercial Area			143.98 sq m	(1,550 sq ft)			£49,120

(1) Notice has been served by the landlord to terminate the AST - please see legal pack.
(2) AST subject to 6 month rolling break option.

If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.