305 North End Road, West Kensington, W14 9NS
FREEHOLD INVESTMENT - SHOP, NIGHTCLUB & 3 FLATS
Wednesday, 16th September 2020 12:00pm
Comprising a ground floor shop, part ground/basement nightclub and separate rear access (via Telephone Place) to 3 self-contained flats above. Located near to the junction with Lillie Road within this popular mixed commercial/residential area, about ¼ mile from West Brompton station (District lIne, Overground and mainline) and ½ mile from Fulham Broadway. Earls Court (where a significant regeneration project is proposed) is within close proximity.
Ground Floor Shop:
545 sq ft (50.6 sq m), rear yard with ext. toilet
Let on a repairing and insuring lease to Saffiullha Aubi (trading as a carpet shop) for 20 years from 12.02.2013 at £13,000 p.a. Rent reviews 2021 & 4 yearly. Tenant in occupation for 25 years.
Part Ground & Basement Nightclub:
Ground: 125 sq ft (11.6 sq m)
Basement: 667 sq ft (62 sq m) plus customer toilets
Let on a repairing and insuring lease to Edward Barnham (trading as a Ted's Place) for 15 years from 15.10.2013 at £13,000 p.a. Rent reviews & tenant's break 2023. Tenant in occupation for 30 years.
14 A, B & C Telephone Place:
Each 1 bedroom, reception room, kitchen, shower/toilet
14a & 14b Telephone Place: Each let on a lease to the London Borough of Hammersmith & Fulham for 3 years and 1 day from 23.07.2018 and 11.12.2018 respectively at £12,800.55 p.a. Tenant's break on 28 days notice.
14c Telephone Place: Let to an individual on an AST for 12 months from 30.09.2020 at £17,420 p.a. This is a renewal of a current 12 month AST.
EQUIVALENT TO £69,021.10
Shop & 3 Flats: D Basement: TBC
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