London north: property for sale

Prominent Corner Investment Commercial Unit Let for 10 years rent rising (£550,000)

Date posted: Thursday 26th November
Location: West Kensington

139 North End Road, W14
Occupied Prominent Corner Unit

Location: This is a well established commercial property in the heart of West Kensington. North End Road runs from Fulham Broadway to Hammersmith Road and Kensington Olympia through West Kensington. The premise is located at the busy junction of the North End Road with Edith Villas in West London.
This attractive corner property is situated in an area that borders Fulham, Barons Court and Kensington Olympia. Shops, banks and restaurants can be found on the North End Road.

West Kensington underground station (District line) is within 5 minutes walk of the property, and Barons Court underground station (Piccadilly line) is within 10 minutes walk. The A4, which is less than a minute's drive from the property, provides access to the West End (3 miles) and Heathrow Airport (15 miles).

Description: This prominent corner property occupies the ground and lower ground floors of a former Solicitors' office constructed of traditional brick.

A naturally bright commercial property with good location and a large glass frontage facing the North End Road, it benefits from one W.C., a kitchen and a door to the rear of building including all fittings, fixtures and equipment (security alarm, fire alarm, intercom systems, etc).

There are three residential floors above the ground floor.

The property has been rented on a 10 year lease starting March 30, 2009 to Arthur Rai Medical Services at an annual rent of £34,000 rising every three years at a rate of 9%.

Planning and Development: The premises were until recently used as a solicitor's office use classes A2/B1.

The local planning authority is The Borough of Hammersmith and Fulham tel.: 020 8753 1081 email: environment@lbhf.gov.uk

Area: Approximate gross total: 904 ft2 / 84 m2
Price: 550,000.00 (No premium)
Business Rates: £3,507.30 per annum
Lease: Approximate 80 years remaining on the lease

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