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Retail premises
Fairfax Place, London W14
Auction
£590,000
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Our Summary
- Potential to split the lease and sell the properties separately (subject to the freeholders consent)
- Potential to purchase a share of the freehold (subject to requisite consents) Please refer to legal pack
- Strapline Auction Sale - 10/10/2023 Of interest to Investors and Developers
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Description
The property is a 3-storey, end-of-terrace building in a residential area, comprising a studio flat at lower ground level, a commercial unit and studio flat at ground floor level, and a studio flat on the raised ground floor. The commercial unit is let on a 16-year lease from 2020 for £18,720 per year, while the two studio flats are let on Assured Shorthold Tenancies for £30,840 per year in total.