Charleville Road 7, London, W14 9JL

Property Details

  • Tenure For Sale
  • Property Type Investment/Development
  • Size 542
  • Rent / Price £320,000 for sale
  • EPC Asset Rating C-73
  • Status Under Offer

Location

Accommodation

A mid terrace building with a self-contained retail unit on lower ground and ground and 3 residential apartments on the 1st,2nd and 3rd floors.

The retail unit is let on lease expiring July 2020 with a current rent of £16,000 per annum exclusive and the apartments are sold on long leases with approx. 92 years unexpired and total ground rent income of £300.

The retail unit is used as a dry cleaners receiving unit and the lease is held outside security of tenure and compensation.

Current total income £16,300 per annum.

 

The retail premises may provide an opportunity for residential conversion subject to design and planning permission and increased commercial rent at renewal.

Business Rates

Business rates payable for the year commencing April 2019 are £6,960 payable by the tenant. Prospective purchasers are required to check this information by telephoning the Business Rates Department at London Borough of Hammersmith & Fulham on 0208 748 3020. Paid by the tenant.

Service Charge

On application.

Terms

The property is held freehold subject to the aforementioned tenancies.

Disclaimer

MISREPRESENTATION ACT 1967 HNG for themselves and for the vendors/lessors of this property whose agents they are, give notice that: (1) These particulars are set out as a general outline only for the guidance of intended purchasers or lessees, and do not, nor constitute part of, any offer or contract: (2) All description, dimensions, reference to condition and necessary permissions for use and occupation, and other details are given without responsibility and any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them; None of the services have been tested. (3) No person in the employment of HNG have any authority to make or give any representation or warranty whatever in relation to this property. FINANCE ACT 1989: Unless otherwise stated all prices are quoted exclusive of VAT. PROPERTY MISDESCRIPTIONS ACT: 1991 These details are believed to be correct at the time of compilation but may be subject to subsequent amendment.