5 bedroom guest house for saleAdelaide Grove, Shepherds Bush, W12
- 5 Bedrooms
- 3 self-contained studios, 2 bedsits
- Restaurant kitchen
- Dining area
- Communal bathroom
- 2 x WCs
- Rent £25,000pa
- Premium: £45,000(STC).
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.
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.
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.
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.
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