Property Type: Retail

Investment Summary • A retail investment in Acton High Street,• Acton is one of London’s most affluent and popular residential districts • large ground floor retail unit let to successful local businesses producing a total of £76,000 pa,• Highly affordable rents • FRI 20 years Lease,• Rent review Every 5 Years next due on 2020,• Weighted average unexpired lease term (WAULT) of 17 years to expiry ,• Not elected for VAT purposes • Offers invited in excess of £1.4M (one Million and four hundred thousand Pounds) equivalent to a yield of 5.42% • No Break clause,• 999-year lease (Virtual Freehold),• No Service charge or ground rent,
A fantastic opportunity to purchase a VIRTUALLY FREEHOLD (999 Years lease, no service charge, no ground rent) investment property, total area 283 sq. meter, rent income £76,000 per annum. Price: £1.4m
Commercial Investment Property , Income £76,000 Per annum, Remaining lease 17 years