A Commercial and Part Reversionary Ground Rent Investment Producing £9,120 per annum. The Ground Floor Shop is Let at £9,000 per annum. The Four Flats are all Sold Off on Underleases with a Combined Ground Rent of £120 per annum. Three of the Flats have 64 Years Unexpired on their Leases.
The property comprises a mixed use mid terrace building arranged over ground and three upper floors. The flats are all sold off on underleases.
The property is situated on an established parade overlooking Acton Park and within close proximity of central Acton and its shops and amenities. Transport links are provided by Acton Central overground station and Acton Town underground station (District & Piccadilly lines).
We have been informed that the headlease is owned by a Housing AssociatIon and therefore the usual S5(b) notices do not apply. The head lessee manages and insures the building.
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Administration Charge - Purchasers will be required to pay an administration fee of £1,200 inc VAT
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.