£495,000

Retail premises for sale

  1. Property photo 1 of 1.
Under offer
Freehold

Offers in region of

£495,000

(£417.72/sq. ft)

Retail premises for sale

North End Road, London SW6

1,185 sq. ft

Local area information

Property location

Nearby amenities

  • Fulham Primary School 0.2 miles
  • Fulham Broadway 0.2 miles
  • St Thomas of Canterbury Catholic Primary School 0.3 miles
  • West Brompton 0.4 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guides for Fulham, West Brompton and Earls Court to find out more about the local area.

Features and description

  • Freehold
  • Income producing £34,000pa
  • Let to a well established tattoo parlor on their second term
  • Tenant lease expiring in August 2034 with no break clauses
  • Local parade in a busy street
  • NIA 1,185 sq. Ft. Over ground and basement
Location
The property occupies a prominent position in the heart of Fulham, one of South-West London's most dynamic and sought after commercial districts. The property sits along North End Road, a well established and busy thoroughfare known for its bustling street market, diverse mix of independent retailers, and national high street brands. The area surrounding the property is home to a diverse mix of retailers and amenities including Boots, Savers, Tesco Express, Greggs, Iceland, and independent cafes, takeaways, salons and convenience stores. The property is exceptionally well connected by public transport with Fulham Broadway Station (District Line) approximately 0.4 miles away. Multiple bus routes also operate along North End Road, connecting Hammersmith, Chelsea, Earls Court and central London.

Description
The property is situated within a mid-terrace position and comprises a three-storey, mixed use 20th century building. The retail part is arranged over ground and basement floors and is well presented. It's accessed from both the North End Road and Shorrolds Road via communal alleyway.

User
We believe the premises fall under Sui Generis of The Town and Country Planning (Use Classes) (Amendment) (England) Regulations 2020.
EPC

The Energy performance certificate has ratings of C (55) for the shop unit. A copy of the EPC is available upon request.

Local Authority
London Borough of Hammersmith & Fulham.

Accommodation Schedule & Tenancies
The commercial premises are let on an effective Fri basis. The current lease expires on 29th August 2034 with a rent review on the 29th August 2029. The passing rent is £34,000 per annum. The upper flats are sold off on a single 999 year long lease commencing on and including 25th December 2011 based on full repairing and insuring basis with peppercorn ground rent.

Tenure
Freehold subject to the existing residential long-leases.

Price
Offers are invited in the region of £495,000 (Four Hundred and Ninety Five Pounds).

Service Charge
Tbc


Legal
Each party to bear its own legal costs.
VAT

The property has not been elected for VAT.
Aml

In accordance with Anti-Money Laundering Regulations, we shall require additional information from the purchaser/tenants so that an online veri?cation can be undertaken.

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  1. Zoopla
  2. Commercial for sale
  3. London
  4. South London
  5. Fulham
  6. North End Road