A freehold retail and residential parade with a development opportunity on Chiswick High Road will be sold at the upcoming Acuitus auction on May 15th.
Comprising three adjoining ground-floor shops and three maisonettes on the upper floors, this prominently situated property on Chiswick High Road is occupied by Vision Express and The Sushi Co. The 5,381 sq ft parade is being offered at a guide price of £2.5m, generates a total annual rental income of £157,000, and has further development opportunity.
Whilst two maisonettes have been sold on long leases, one is currently vacant with potential for AST income.
Charlie Powter of Acuitus comments: “Located in the affluent and busy Chiswick High Road, this retail parade offers numerous opportunities for return on investment, with retail tenants on ten-year leases, a vacant flat available, and development potential of the land and buildings to the rear (subject to consents).”
The Acuitus auction will take place on May 15th at 1 pm and will be broadcast via livestream on the Acuitus website with bidding online, by telephone and proxy.
Further details here.
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