Churchfield Road, London
£425,000


*COMMERCIAL FREEHOLD*
Investment Property For SALE (BUSINESS NOT AFFECTED)
Commercial retail unit in the Heart of Acton, serving Poet's Corner.
116 Churchfield Road is offered with the freehold title within an affluent residential district of West London. Superb location on Churchfield Road, moments from Acton Central Station.
Large, approx. 1455 sq ft, over ground floor 970 sq ft and basement 486 sq ft, currently trading as a very successful Japanese Restaurant; the lease includes a PG. 20-year FRI lease from May 2023. RENT: £30,000 per annum.
3 residential apartments are sold on long leases with a ground rents of £525 per annum. TOTAL INCOME: £30,525 per annum (7% yield, net)
Location:
Churchfield Road offers a fantastic selection of independent shops and offices, as well as an increasingly affluent residential area. The property benefits from being close to the Oaks Shopping Centre, Acton Central Station (5 minutes), Acton Main Line Station (Elizabeth Line/Crossrail Station) and Acton Town Tube Station (12-15 minutes),
VAT:
No VAT
Legal Costs:
Each party is responsible for their own legal costs incurred in the transaction.
Viewing:
Strictly by sole agent Citydeal Estates. Call us on 020 8896 0800.
Tenure: Freehold
Reference: CS0157
*COMMERCIAL FREEHOLD FOR SALE* in the Heart of Acton. Superb location on Churchfield Road, Poets Corner moments from Acton Central Station. Approx. 1455 sq ft, leased to a successful Japanese Restaurant. 20-year FRI lease from May 2023. RENT: £30,000 pa + ground rents £525pa = £30,525pa
Features
- Vibrant Churchfield Road
- Large approx. 1455 sq ft, over ground floor 970 sq ft and basement 486 sq ft
- INCOME: £30,525 per annum (7.6% yield, net)
- Japanese Restaurant; 20-year FRI lease from May 2023
- Investment Property For SALE (BUSINESS NOT AFFECTED)
Arrange a Viewing
To arrange a viewing for this property, please call us on 020 8896 0800, or complete the form below:
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