2022-05-18 10:22, User_1
Truth Factor: N/A
FLAT 1, 118 Churchfield Rd, London W3 6BY, UK
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Property type: ?
Bedrooms: ?
Bathrooms: ?
Receptions: ?
Year built: ?
Total Plot Size: ?
Total Inside Area: ?
Last Sold: JUL 2022
Price: £375000
What can it be sold for now?
AI think: £349,791
Users think: N/A
Agents think: £125,000 1 agent(s) valuations found
HPI banks think: £360,023
CHAT:
Savills - National Auctions Agent Valuation of this property is £125,000
Strapline
Auction Sale - 14/06/2022
Entire freehold mid terrace building arranged as a shop and basement let at £11,500 per annum since 2005 with two self contained flats on first, second and third floors each sold on a lease with unexpired terms of 61 years in busy central location - Reversionary Investment let at £11,700 per annum
In the same family ownership for almost 40 years
Description
A mid terrace building arranged as a ground floor and basement shop unit trading as pm Food & Wine off licence having a rear yard area and outbuilding with pedestrian access form Derwentwater Road.
Separate front entrance to two flats on the first, second and third floors.
The rear yard area has potential for an infill extension whilst there is roof development potential similar to the adjoining building subject to the requisite consents.
Location
Acton is located about six miles west of central London between Shepherds Bush and Ealing.
Situated towards the western end of Churchfield Road, a busy retail thoroughfare, near the junction of Derwentwater Road almost opposite The Oaks Shopping Centre.
The leisure areas of Acton Park and Springfield Gardens are nearby.
Easy access to the North Circular Road( A406) and A40 provides good road links.
Transport
Underground - Acton Town (District, Piccadilly Lines)
Overground - Acton Central
National Rail - Acton
Tenancy
The ground floor shop and basement are let on a lease for a term of 10 years from 12th October 2005 at a rent of £11,500 per annum. Tenants holding over under original lease.
It is felt there is rent increase potential for the shop and basement.
We are advised the tenants have requested a new lease.
Accommodation
Ground Floor - Gross external width approximately 16 ft 4''
Shop built depth approximately 56 ft
Rear Yard with covered outbuilding of approximately 200 sq ft
Basement - Storage area approximately 470 sq ft
First Floor (Flat 1) - 99 years lease from 29th September 1984 (approximately 61 years unexpired) Ground Rent £100 per annum rising
Second / Third Floors (Flat 2) - 99 years lease from 29th September 1984 (approximately 61 years unexpired) Ground Rent £100 per annum rising
