£899,999

Retail premises for sale

  1. Property photo 1 of 1.
Freehold

Offers in region of

£899,999

Retail premises for sale

High Street, London, London W3

1 bath

Local area information

Property location

Nearby amenities

  • Ark Byron Primary Academy 0.2 miles
  • Ark Priory Primary Academy 0.2 miles
  • Acton Central 0.3 miles
  • South Acton 0.5 miles

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

Read our area guides for Acton, South Acton and West Acton to find out more about the local area.

Features and description

  • Freehold
  • Close to Public transport
  • Shops and Amenities
  • Long Let
  • Excellent Location
  • High Street Location
  • Glass Shop Front
Prime Freehold Investment Opportunity – High Street Retail & Residential
An excellent opportunity to acquire a prime freehold mixed-use investment property situated in a prominent High Street location. The property comprises a ground floor retail unit occupied by an established global brand tenant together with a spacious self-contained two-bedroom garden flat above.

The retail premises extends to approximately 1,000 sq ft and is currently let to T4 Bubble Tea, a well-known international franchise operator with over 50 UK branches. The tenant has recently committed to a new 10-year lease commencing May 2023, providing strong long-term income security.

Investment Highlights
  • Prime High Street freehold investment
  • Ground floor retail unit approx. 1,000 sq ft
  • Let to global covenant tenant – T4 Bubble Tea
  • New 10-year Fri lease from May 2023
  • Tenant break option in 2028
  • Current commercial rent: £32,500 p.a.
  • Fixed rental increase to £37,500 p.a. From 2028
  • Additional income from self-contained 2-bedroom garden flat
  • Strong potential to increase residential rent to approx. £2,000 pcm
  • Opportunity to add an additional floor subject to planning permission
  • High specification fit-out completed by tenant
  • Let until 2033 (subject to tenant break in 2028)
    Commercial Tenancy
    The ground floor shop is fully let to T4 Bubble Tea, part of a rapidly expanding international franchise network. The tenant has occupied the premises for approximately three years and has recently entered into a new lease for a term of 10 years from May 2023.

    The lease is held on full repairing and insuring terms, producing a current rent of £32,500 per annum for the first five years, increasing to £37,500 per annum from 2028 onwards.

    Residential Accommodation
    The upper parts comprise a spacious self-contained two-bedroom apartment featuring a large lounge area and private garden.

    The apartment offers strong reversionary potential with estimated market rent in the region of £2,000 pcm, providing an opportunity for future income growth and value enhancement.

    Development Potential
    The property may offer further asset management and development opportunities through:

  • Increasing the residential rental income to market levels
  • Refurbishment and value enhancement of the apartment
  • Potential construction of an additional floor, subject to obtaining the necessary planning consents
    A rare opportunity to acquire a secure mixed-use freehold investment with strong covenant strength, long-term income, and future upside potential.
  • Floor plans and tours

    Floor plans (1)

    Floor plan 1

    More information

    Property descriptions and related information displayed on this page are marketing materials provided by - The Havn Group Greenford. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact The Havn Group Greenford for full details and further information.

    1. Zoopla
    2. Commercial for sale
    3. London
    4. West London
    5. East Acton
    6. High Street