13 The Avenue, Ealing, London, W13 8JR
- SIZE
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- SECTOR
High street retail property for sale
Key features
- 7 unit HMO with ground floor commercial unit
- Residential fully let at a gross income of £136,400 pa
- Commercial unit offered with VP or a short term lease back
- Travel time of 14 mins to Paddington and 17 mins to Bond Street via the Elizabeth Line.
- Offers in excess of £1,800,000, STC and excluding VAT, equating to 6.40% NIY and a capital value of £775 psf
Description
The property is well positioned on the western side of The Avenue opposite The Drayton Court public house which is at the southern end of the street. The immediate area benefits from several newsagents, pharmacies, cafés, a florist, a dry cleaners and several takeaway food outlets, all of which are independent operators.
The building sits within the Ealing Council local authority area. The property is only a 1 minute walk from West Ealing Station which has a travel time of 14 minutes to Paddington and 17 minutes to Bond St via the Elizabeth Line. The immediate vicinity is improving rapidly with recent developments such as Twenty Three West and Luminosity Court now complete.
The property is not listed and does not sit within a conservation area.
Offers sought in excess of £1,800,000, subject to contract and excluding VAT. This equates to net initial yield of 6.40% after purchaser’s costs and reflects a capital value of £775 psf.
Brochures
13 The Avenue, Ealing, London, W13 8JR
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- West Ealing Station0.1 miles
- Drayton Green Station0.4 miles
- Castle Bar Park Station0.7 miles
Notes
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