32 Crown Street Acton London W3 8SB

32 Crown Street
Acton
London
W3 8SB

  • 32 Crown Street<br>Acton<br>London<br>W3 8SB

London Retail Investment

  • Let Until 2032 (Subject to Option)
  • 4 yearly Rent Reviews
  • Popular West London Location
  • Close to Acton Town and Acton Central Stations
  • 6 Miles West of Central London
  • 30 and 36 Crown Street are Being Offered for Sale Separately as Lots 1 and 24
  • Lot
    6
  • Auction
    13/Dec/2021
  • Rent
    £12,000 per Annum Exclusive
  • Status
    Sold
  • Price*
    £182,000
  • Sector
    High Street Retail
  • Auction Venue
    Live Streamed Auction
  • Expand
  • Photos
  • Map

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

Property Information

Location
Miles
6 miles west of Central London
2 miles west Shepherd Bush and
Westfield White City
Roads
A4020, A406 (North Circular Road), A40, M4
Rail
Acton Town Underground Station (District, Piccadilly Line), Acton Central (Overground)
Air
London Heathrow Airport, London Gatwick Airport, London City Airport
Situation

Acton is a popular west London residential suburb approximately 6 miles west of Central London close to Ealing and Shepherds Bush. Acton benefits from several major redevelopments such as One West Point, delivering 701 new homes across four buildings; Acton Gardens, a 52 acre site delivering 3,463 with many further developments planned or in construction as well as Crossrail serving Acton Mainline making Acton one of the best connected areas in West London.

The Property is situated on the south side of Crown Street equidistant between Acton Town Underground Station (District, Piccadilly Line) and Acton Central (Overground) and near to the junction of the busy and popular Acton High Street (A4020). Crown Street has a mix of commercial and residential units including a dry cleaners, convenience store, and cafes. Other nearby occupiers include Subway, McDonalds, Lidl, Superdrug and many local pubs, estate agents and restaurants.

Tenure

Virtual Freehold. Held for a term of 999 years from completion at a ground rent reserved of £150 per annum exclusive. The Freehold is available by separate negotiation.

Location
Miles
6 miles west of Central London
2 miles west Shepherd Bush and
Westfield White City
Roads
A4020, A406 (North Circular Road), A40, M4
Rail
Acton Town Underground Station (District, Piccadilly Line), Acton Central (Overground)
Air
London Heathrow Airport, London Gatwick Airport, London City Airport
Situation

Acton is a popular west London residential suburb approximately 6 miles west of Central London close to Ealing and Shepherds Bush. Acton benefits from several major redevelopments such as One West Point, delivering 701 new homes across four buildings; Acton Gardens, a 52 acre site delivering 3,463 with many further developments planned or in construction as well as Crossrail serving Acton Mainline making Acton one of the best connected areas in West London.

The Property is situated on the south side of Crown Street equidistant between Acton Town Underground Station (District, Piccadilly Line) and Acton Central (Overground) and near to the junction of the busy and popular Acton High Street (A4020). Crown Street has a mix of commercial and residential units including a dry cleaners, convenience store, and cafes. Other nearby occupiers include Subway, McDonalds, Lidl, Superdrug and many local pubs, estate agents and restaurants.

Tenure

Virtual Freehold. Held for a term of 999 years from completion at a ground rent reserved of £150 per annum exclusive. The Freehold is available by separate negotiation.

Description

The property comprises a self contained ground floor retail unit. 30 and 36 Crown Street are being offered for sale separately as Lots 1 and 24.

VAT

VAT is applicable to this lot.

Completion Period

Six week completion

EPC

Band A.

Description

The property comprises a self contained ground floor retail unit. 30 and 36 Crown Street are being offered for sale separately as Lots 1 and 24.

VAT

VAT is applicable to this lot.

Completion Period

Six week completion

EPC

Band A.

Tenancy & Accommodation

Floor Use Floor Areas
(Approx)
Tenant Term Rent p.a.x Reviews/
(Reversion)
Ground Retail
26.12 sq m
(281 sq ft)
N. SIDI TAILORS
LIMITED (1)
12 years from
04/09/2020 until
2032 (2)
£12,000 04/09/2024
and 2028
(04/09/2032)
Total
26.12 sq m
(281 sq ft)(3)
    £12,000  

(1) N. Sidi Tailors Limited was incorporated in 2020.
(2) The lease provides the tenant the option to determine the lease on 04/09/2026.
(3) The Floor areas above are those published by the Valuation Office Agency (www.voa.gov.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.

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

  • Catalogue Page
    Updated Date
    23.11.21
    File Size
    1 MB
    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 060519john.mehtab@acuitus.co.uk
Alexander AuteracAlexander Auterac +44 (0)20 7034 4859 +44 (0)7713 135 034alexander.auterac@acuitus.co.uk
Seller's Solicitors
Harold Benjamin Solicitors Hygeia Building, 66-68 College Road
Harrow
Middlesex
HA1 1BE
020 8864 7530
Varsha Sood 020 8872 3028varsha.sood@haroldbenjamin.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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