ADDRESSAurora, 60 Chiswick High Road, London, Greater London, W4 1SY
TYPERetail, General Retail, Retail - High Street, Other, Other Property Types & Opportunities
TENUREInvestment Opportunity, Under Offer, For Sale Leasehold
POSTED ON2nd September 2020
Attractive commercial premises, trading as Aurora Spa Chiswick - BUSINESS NOT AFFECTED - arranged over the ground floor and basement + WC/Washroom and storage.
Extremely well fitted and maintained * Retail investment - Income: £25,000pax * T/A Aurora Spa Chiswick - BUSINESS NOT AFFECTED * Attractive parade - affluent area * Close to Chiswick Cinema (opening 2021) * East Central Chiswick * For Sale - VIRTUAL FREEHOLD * Long Leasehold - 993 years remaining * Sole Agent - MJ Finn Commercial
Virtual Freehold - Long Leasehold for a term of 999 years from 2014 (exp. 3013), at a Peppercorn Ground Rent. Subject to a subsisting Full Repairing & Insuring lease for a term of 10 years from 6 August 2018 (exp.2028) at a passing rent of £25,000 p.a.x. (subject to a rent review at the anniversary of the 5th year, deposit equivalent to one quarters passing rent + guarantor).
Price: Offers in the region of £420,000 subject to contract only.