Property Details - Gf And Basement 116 Churchfield Road, Acton, London

Photo of Gf And Basement 116 Churchfield Road, Acton, London

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Lot 20

This ground floor lock-up shop premises is currently let to a limited company with guarantor, trading as an Indian restaurant. We understand that the property is let on a full repairing and insuring lease from 14/11/13 for a period of 15 years at a rent of £20,000 pa. The lease has a provision for rent reviews every 5 years and the property is sold with the benefit of this investment income. The property is situated on a busy secondary trading position, a short walk from Acton Central Mainline Station and the A4020 High Street, Acton is also close at hand. This property will be of interest to investment purchasers.

ACCOMMODATION

Ground floor shop area: 52.80m2
Basement area: 46.20m2
(taken from VOA website)

TENURE

Leasehold 999 years.

LOCAL AUTHORITY & TAX RATING

London Borough of Ealing 020 8825 5000
£8,700 pa

VIEWING TIMES

At the convenience of the tenants

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Price Information

*Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Additional Fees

Please note that the following additional fees will apply to the purchase of your property:

Buyers Premium of £600 inclusive of VAT
Other fees as listed within the Special Conditions of Sale that form part of the legal pack which is made available to you prior to auction. You will be expected to sign this document as well as the Sales Memorandum at the time of purchase.
Stamp Duty - rates easily available on-line
Your solicitor fees and any survey fees
Insurance - it is your responsibility from the date of exchange to insure the property purchased.

Gf And Basement 116 Churchfield Road, Acton, London

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