69 Askew Road, Shepherd's Bush, London W12 9AH
- PROPERTY TYPE
Commercial Property
- SIZE
Ask agent
Key features
- A freehold unbroken mixed use terraced building
- Ground floor retail unit trading as a convenience store
- Three self-contained flats above (two x one beds and one x two bed)
- Shop subject a lease expiring 2038 on FR&I terms and with five yearly rent reviews
- Flats subject to tenancies/licences
- Currently producing £72,000 (equivalent) per annum in total
- Bidders will be required to pay a bidder security of £10,000 in order to take part in the sale. This can be by pre-authorisation on a credit card
Description
StrapLine
Auction Sale - 23/07/2024Of interest to investors - A freehold unbroken building comprising a ground floor shop with three self-contained flats above. Shop unit subject to a lease. Each flat subject to a tenancy or licence. Producing £72,000 per annum (equivalent)
Description
The property comprises a mid parade building arranged on ground and three upper floors (the top floor is an extension). The ground floor unit trades as a convenience store serving the surrounding popular and affluent residential area. Above are three self contained flats with separate street access. There are two one bedroom flats and one two bedroom flat.
Location
The building occupies a prominent junction position on the east side of Askew Road and south of Becklow Road. It forms part of a busy local parade in this popular west London area.
Transport
The property is well-served by public transport, with several bus routes running along Askew Road, providing easy connections to key areas including Hammersmith, Shepherd’s Bush, and Acton. The nearest Underground stations are Goldhawk Road (Hammersmith & City Line) and Shepherd's Bush (Central Line), both approximately a 15 minute walk away. Askew Road connects directly to Uxbridge Road (A4020), offering straightforward access to the A40 and the Westway, facilitating quick travel into Central London and towards the M25.
Accommodation
Please refer to the schedule of tenancies
69 Askew Road, Shepherd's Bush, London W12 9AH
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Stamford Brook Station0.7 miles
- Goldhawk Road Station0.7 miles
- Shepherd's Bush (Hammersmith & City) Station0.7 miles
About the agent
Savills Auctions, London
33 Margaret Street London W1G 0JD
Savills Auctions are specialist residential and commercial property auctioneers with an unrivalled depth of experience and market knowledge.
Notes
Disclaimer - Property reference 153-11891. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Savills Auctions, London. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Savills Auctions, London on 020 3909 6715.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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