This property has been removed by the agent. It may be sold or temporarily removed from the market

View similar properties

5 bedroom guest house for sale

Adelaide Grove, Shepherds Bush, W12

Under Offer £45,000

Property Description

Key features

  • 5 Bedrooms
  • mid-terraced
  • HMO
  • 3 self-contained studios, 2 bedsits
  • Restaurant kitchen
  • Dining area
  • Communal bathroom
  • 2 x WCs
  • Rent 25,000pa
  • Premium: 45,000(STC).

Full description

Tenure: Leasehold

LOCATION:

Adelaide Grove is a tree lined street north of the Uxbridge Road, within easy reach of a range of amenities and transport facilities in particular those situated at Shepherds Bush Green including Westfield London. The nearest stations are Shepherds Bush (Central Line, Hammersmith & City Line and Overground), while the motorist will find the A4/M4 for routes into and out of London.

ACCOMODATION:

A rare opportunity to acquire a substantial 5 bedrooms Guest House arranged over three floors. Currently arranged as 3 self-contained bedsits/studios, 2 further bedsits that shares a communal bathroom and a restaurant kitchen with a dining area.

TERMS:

Tenure: Leasehold (The property will be available by way of a full repairing and insuring 12 year lease from Feb 2017).
Rent 25,000 per annum. (Rent Review Every 4 Years).
Premium: Minimum 45,000 (STC).
Rates: 1,900 per annum (Approx).
Possession: Going Concern.
The Rent Received 74,400 per annum (Approx 2016/7).
Reservation Fee: 3,000 (STC).
Dilapidation: (Approx 80,339). (A Schedule of Dilapidation is a description of any defects present during or at the end of a Lease, where these breach the Lease terms, and the repairs the Landlord considers necessary to return the property to a good state of repair in accordance with the Lease).
Legal Costs: The Ingoing Tenant to contribute minimum 3,000 + V.A.T. towards the freeholders legal costs in this transaction.
Viewings: Strictly by prior appointment through the Lessor`s sole agent.

Amber & Co is the seller`s agent for this property. Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. We make detailed enquiries of the seller to ensure the information provided is as accurate as possible. Please inform us if you become aware of any information being inaccurate.

Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.


Floorplans

Map & Street View

Disclaimer - Property reference 1191. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Amber & Co ltd, London. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

* Average speeds are based on the download speeds of at least 50% of customers at peak time (8pm to 10pm) from packages available on comparethemarket.com. Speed can be affected by a range of technical and environmental factors. The speed you receive where you live may be lower than that listed above. You can check the estimated speed to your property prior to purchasing. Fibre/cable services at your postcode are subject to availability. You can confirm availability on the provider's website. Providers may increase charges. You should have the right to exit your contract without penalty if this happens. The information is provided and maintained by Decision Technologies Limited.

Map data OpenStreetMap contributors.