Offers over
£1,400,000
(£831.85/sq. ft)
Retail premises for saleAskew Road, London W12
1,683 sq. ft
About this property
Freehold
HMO + 2 bed flat
Shop is tenanted
High yielding
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Location
The property is located on Askey Road, in the London Borough of Hammersmith and Fulham. Askew Road is a through road which connects Uxbridge Road with Goldhawk Road. Locally, the area is predominately residential, interspersed with commercial premises along Askew Road and the surrounding roads.
Transport links for the property are good, with various bus routes running along Askew Road, whilst Stamford Brook, Goldhawk Road and Shepherd's Bush Market Stations are within approximately 1 mile of the property.
Description
The shop is arranged over ground floor only, with the HMO located on the 1st, 2nd and 3rd floors. The two bed apartment is located over the 1st and 2nd floors.
Tenancy income
Shop: £12,000 pax - 15 years from March 2023.
Studio A1: £16,200 pax (excluding bills) **
Studio A2: £16,200 pax (excluding bills) **
Flat B: £35,598.36 pax (excluding bills) *
Studio C1: £17,400 pax (including 3rd-floor kitchen, excluding bills) **
Studio C2: £16,152 pax (including bills) *
Total £113,550.36 per annum
** With rent guarantee insurance
* With rent guarantor
Price Offers in excess of £1,400,000 for the benefit of the 100% shares in the spv holding company which holds the freehold title. This represents a gross yield of 8.11%.
VAT tbc
EPC
Retail - c-69
HMO’s - Range from d-69 to c-77
Location
The property is located on Askey Road, in the London Borough of Hammersmith and Fulham. Askew Road is a through road which connects Uxbridge Road with Goldhawk Road. Locally, the area is predominately residential, interspersed with commercial premises along Askew Road and the surrounding roads.
Transport links for the property are good, with various bus routes running along Askew Road, whilst Stamford Brook, Goldhawk Road and Shepherd's Bush Market Stations are within approximately 1 mile of the property.
Description
The shop is arranged over ground floor only, with the HMO located on the 1st, 2nd and 3rd floors. The two bed apartment is located over the 1st and 2nd floors.
Tenancy income
Shop: £12,000 pax - 15 years from March 2023.
Studio A1: £16,200 pax (excluding bills) **
Studio A2: £16,200 pax (excluding bills) **
Flat B: £35,598.36 pax (excluding bills) *
Studio C1: £17,400 pax (including 3rd-floor kitchen, excluding bills) **
Studio C2: £16,152 pax (including bills) *
Total £113,550.36 per annum
** With rent guarantee insurance
* With rent guarantor
Price Offers in excess of £1,400,000 for the benefit of the 100% shares in the spv holding company which holds the freehold title. This represents a gross yield of 8.11%.
VAT tbc
EPC
Retail - c-69
HMO’s - Range from d-69 to c-77
Mortgage calculator
Monthly repayment
£7,003 per month
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