Commercial Properties For Sale in West London
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The property is a mid-terraced industrial warehouse extending to 3,783 sq. ft across ground floor and mezzanine level. Accessed via a communal service road (included in the sale) off Standard Avenue, the property benefits from 2x roller shutter loading doors, rear service access, and parking for approximately 2 cars. Currently fitted as a commercial kitchen with cold storage and baking areas, the unit also provides office accommodation, staff facilities, storage space, air conditioning, and separate male and female WCs/changing rooms. The property is of traditional brick and block construction with profile steel cladding beneath a pitched steel roof.
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This newly decorated property comprises a mix of industrial space on the ground floor with office space on the first floor. There is a mezzanine floor at the rear of the unit offering more storage or office space which is air conditioned. The office space has a kitchenette and WC and there is also a WC and wash-hand basin on the ground floor. Bi-folding doors at the front of the property allow good access for deliveries. These are secured by an electric steel roller shutter and there is a separate manual shutter covering the single front door. Partial air conditioning. Three phase electricity. Chubb security grills on first floor windows and skylights. Radiators fitted throughout the unit. Two industrial ceiling fans fitted in the atrium which is 7.5 metres in height.
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Freehold Betting Office/Shop Investment Let to Power Leisure Bookmakers Limited (t/a Paddy Power) until 2035 (1) with three flats above which have been sold off on long leases, one of which expires in 2086. Total Current Rents £66,700 p.a.
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Permitted Development Opportunity Held in an SPV An opportunity to purchase a freehold property with development potential to convert to one or two residential units with the benefit of purchasing the company, benefiting from significant stamp duty savings.
