Unbroken Freehold Retail And Residential Parade In A Prime West London Location
Summary
The property is very well located within a small parade on Hangar Lane in Ealing, a prime, Zone 3 West London location, just 7 miles west of central London.
The property provides 9,814 sq ft of retail accommodation and 26 x 2 bed flats
on the floors above and currently produces an income of £624,873 pa.
Freehold
The site has the potential to offer a medium to long term redevelopment opportunity with a variety of different uses, subject to the relevant planning consents.
We are seeking offers in excess of £11,700,000 (ELEVEN MILLION SEVEN
HUNDRED THOUSAND POUNDS) subject to contract and exclusive of VAT for our
client’s freehold interest in the above.
Net initial yield of 5% after allowance for unadjusted purchaser’s costs of 6.8%.
