Spacious and Well-Located E Class Commercial Investment for Sale – 999-Year Lease, Acton High Street
An excellent investment opportunity to acquire a spacious and well-positioned E Class commercial property, available on a 999-year lease. The premises are currently let to a printing shop on a 10-year lease commencing January 2025, generating a rental income of £19,500 per annum, circa 7% yield.
Ideally located on Acton High Street amidst a bustling array of shops, cafés, and excellent public transport links, presenting a strong investment opportunity.
Location
The property is conveniently situated in the heart of Acton High Street, surrounded by a mix of shops, cafés, and excellent public transport links. It is close to The Oaks Shopping Centre and Morrisons Superstore.
Acton Town Tube Station (District and Piccadilly Lines) is approximately half a mile (a 12-minute walk) to the southwest, while Acton Central (London Overground) is about 0.4 miles (a 6-minute walk) to the northeast. Acton Main Line Station (Elizabeth Line) is roughly 0.8 miles away (a 15-minute walk) to the north.
The area benefits from frequent local bus services and excellent connectivity between Shepherd’s Bush and Ealing, resulting in high pedestrian traffic.
Accommodation
The property is approximately 1,065 sq ft across the ground floor and basement.
Terms
Lease: Sale of a long leasehold – 999-year lease from 2005.
Price: £275,000
Rates: The rateable value is £11,750 before any reliefs or discounts. Eligible for 100% business rates relief. Interested parties must verify these figures with the London Borough of Ealing.
Service Charge: £500 per year
Ground Rent: £250 per year
Specification
- 999-year lease
- Producing a solid income of £17,304 per annum
- Ground floor and basement
- High footfall location