Basic Facts
Property ID:
13202
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Post Updated:
2021-07-06 11:50:50
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Status:
Sold
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Type:
Retail - other
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Tenure:
Virtual Freehold
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Area:
1768 sq ft
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Gross Rent:
£ 24,000
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Lease Term:
Lease expires April 2024
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VAT applicable:
Yes (TOGC Available)
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Property Description
- Virtual Freehold Retail Investment in London.
- Comprising a 1,768 sq.ft. ground floor basement unit.
Location Description
- West Ealing is located 10 miles west of Central London, 5 miles north of Richmond and 3 miles north-west of Chiswick.
- Junction 2 of the M4 lies some 3 miles to the south of the property and the A40 lies some 3 miles to the north of the property.
- The area is served by West Ealing Rail Station, some 300 metres from the property, which provides regular services to Paddington and Heathrow.
Tenancy
- Let to Cancer Research lease on a FR& I for £24,000 p.a expiring on 15th April 2024.
Additional Notes
- The property is held on a Virtual Freehold lease for 999 years at a fixed ground rent of a peppercorn.
Features
Blue-chip tenant
Suitable for a SIPP
Under £500k
Virtual Freehold