£2,750,000
11 Bedroom Commercial Property
Uxbridge Road, Shepherds Bush, London, W12
First listed on: 06th February 2024
Nearest stations:
- Shepherd's Bush (0 mi)
- Kensington (Olympia) (1 mi)
- Acton Central (1.6 mi)
- Kensal Green (1.7 mi)
- West Brompton (1.9 mi)
Interested?
Call: See phone number 0208 740 9944
Property Description
Tenure: Freehold
An outstanding opportunity to acquire two freehold end-of-terrace Victorian buildings, currently configured with 1 x one bed flat, 2 x studio flat and 8 bedsit on the first and second floors, and 2 commercial units on the ground and basement floors, located adjacent to Shepherd`s Bush Market underground station.
All residential units are currently leased under Assured Shorthold Tenancies (ASTs), and both commercial units are subject to long leases. The property represents a compelling investment, boasting a combined Gross Rental Income of ?206,500 per annum, resulting in a Gross Initial Yield of 7.5%.
The property holds potential for future redevelopment (subject to necessary consent) and offers opportunities for enhanced yearly rent for both the residential and commercial components.
PLEASE NOTE THAT THE PROPERTY IS PRESENTLY TENANTED, AND THE TENANTS WILL CONTINUE TO OCCUPY IT UPON COMPLETION.
Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.
Council Tax
London Borough Of Hammersmith & Fulham, To Be Confirmed
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Price History
Listed prices are those submitted to us and may not reflect the actual selling price of this property.
Date | History Details |
---|---|
06/02/2024 | Property listed at £2,750,000 |
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