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South Ealing Road, Ealing, W5

Under Offer £350,000

Property Description

Key features

  • Rarely Available Investment
  • Blue Chip Tenant until 2023
  • Betting Office / A3 Use
  • Free Stop and Shop Parking
  • Near South Ealing Station
  • Available Now

Full description

Location -
The property is located on ever popular South Ealing Road which benefits from good footfall. Easily accessible by public transport as well as a short drive from Ealing Broadway, Chiswick and within few minutes' walk from South Ealing Tube Station.

Description -
Rarely available investment for sale. This is an excellent opportunity to acquire this long leasehold (199 years from 1986) commercial property in a great location with a blue chip tenant. Ladbrokes have a 10 year lease from 2013 at an annual rent of £20,000. Rent reviews are five yearly with next one due in 2018 and there is a break clause option in 2018. Permitted uses include licensed betting office and a restaurant - A3 use. Further benefits include free on street parking around the neighbouring roads and free 'stop and shop' for 30 minutes on the main road.

Accommodation -
Ground floor unit with front and back access.
Ground floor area: 97 SQ M / 1044 SQ FT

Measurements -
All measurements used in calculating areas are correct to the nearest six inches.

Planning -
Interested parties are advised to make their own enquiries in respect of planning proposals if any change of use is envisaged.

Vat -
All figures are deemed exclusive of Vat where applicable.

Terms -
The property is available by way of purchasing long leasehold with 169 years remaining. The seller is seeking £350,000.

Rates -
Interested parties are advised to make their own enquiries in respect to rates with Ealing Council.

Viewing arrangements -
Strictly by appointment with the agent.

Map & Street View

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