Virtual Freehold Betting Shop Investment in London.
Comprising a 1,167 sq.ft. ground floor shop.
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.
This prominent corner property is situated on the south side of Uxbridge Road (A4020), at its junction with Northfield Avenue (B452), opposite Dean Gardens.
Occupiers close by include Tesco Express, Co-Op, Post Office & Dreams amongst many local shops, restaurants and takeaways.
Tenancy
Let to Coral Estate Limited for 15 years from 07/02/2008 Rent Reviews every 5th year FR& I for £30,000 p.a.
For the year ended 31st December 2018 Coral Estates Limited reported a turnover of £10,574,000, a pre-tax profit of £3,631,000, shareholder’s funds of £38,239,000, and a net worth of £38,239,000
Additional Notes
The property is held on a Virtual Freehold lease for 999 years from 02.07.2018 at a fixed ground rent of a peppercorn.