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Churchfield Road, London, W3

££4,000,000 Offers in the region of

Mixed Use For Sale

Location: 
The premises are located on the northern side of Churchfield Road near its junction with Newburgh Road. It is well served by transport links including Acton Central (Overground) Station (0.3 miles) and Acton Town Station (District and Piccadilly Lines) (0.7 miles). Acton High Street and The Oaks Shopping Mall are within the locality where a wealth of national and local operators trade from, including Lidl, Wilko, Poundland, Barclays Bank, The Gym Group and Boots.

Description:
The subject properties are part of a mixed-use terraced building of traditional brick elevations. The ground floor and basement comprise retail accommodation which are currently fully let to retailers including a nail bar, café, Lebanese restaurant, and a beauty salon. The residential parts are self-contained and comprise part of the rear ground floor, and the first second and third floors. Of the 16 flats, 10 are fully let on ASTs and 6 have been sold off on 125-year leases which produce an income of £500 per annum from the ground rents.

User:
We believe the premises fall under Class E & C3 Dwelling houses of The Town and Country Planning (Use Classes) (Amendment) (England) Regulations 2020.

Accommodation & Tenancy Schedule:

The property offers the following (NIA) approximate dimensions: -

Commercial Floor Areas:

PropertyFloor Area
90 Churchfield Road445 sq. ft. (41.31 sq. m.)
92 Churchfield Road454 sq. ft. (42.20 sq. m.)
94 Churchfield Road897 sq. ft. (83.30 sq. m.)
96 Churchfield Road429 sq. ft. (39.89 sq. m.)
Total Area: 2,225 sq. ft. (206.70 sq. ft.)




Commercial Tenancies:
PropertyTermTotal rent P/A
90 Churchfield Road8-year FRI from 18.07.18£14,500
92 Churchfield Road8-year FRI from 30.04.14£12,500
94 Churchfield Road5 Year FRI from 21.09.20£17,000
96 Churchfield Road8 Year FRI from 01.02.23£14,000
Total Income Per Annum £58,000
Residential Tenancies:
Building Property TermTotal rent P/A
90 Churchfield RoadFlat 1AST£20,020

Flat 2AST£13,200

Flat 3AST£15,600

Flat 4AST£19,500

92 Churchfield RoadGF Flat AAST£16,220

GF Flat BAST £13,200

FF Flat125-year lease£50

SF Flat125-year lease£50

94 Churchfield RoadFlat AAST£14,040

Flat BAST£14,300

Flat CAST£14,040

Flat DAST£14,040

96 Churchfield RoadGF Flat125-year lease £100

FF Front Flat125-year lease£100

FF Rear Flat125-year lease£100

SF Flat125-year lease£100
Total Income Per Annum £154,660










Local Council:
London Borough of Ealing.

EPC:
A copy of the EPCs are available upon request.

Legal Fees:
Each party to bear its own legal costs.

VAT:
Not applicable.
 
Tenure:
Freehold, subject to the existing tenancies.

Price:
Offers invited in the region of £4,000,000 (four million pounds) which shows a GIY of 5.32% on an overall basis.

AML:
Money Laundering In accordance with Anti-Money Laundering Regulations, two forms of identification and confirmation of the source of funding will be required from any successful Purchaser.

Viewings:
By prior appointment only via landlord’s sole agent: Willmotts Chartered Surveyors.

Contacts:
Emily Bradshaw
D: 020 8222 9947
M: 07920 769395
E: e.bradshaw@willmotts.com
Huseyin Zafer
D: 020 8222 9901
M: 07918482210
E: h.zafer@willmotts.com
Varol Zafer
D: 020 8222 9946
M: 07900 224967
E: v.zafer@willmotts.com 
Shahid Sadiq
D: 020 8222 9945
M: 07961 410931
E: s.sadiq@willmotts.com 

Tenure: Freehold

Brochure

Floorplans

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No EPC available for this property

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Office Details

Willmotts Commercial
Willmotts Property Services Willmott House
12 Blacks Road
Hammersmith
W6 9EU

020 8748 6644
commercial@willmotts.com

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