Skip to content

176A Ifield Road, London, SW10

Fixed Price
£250,000

£776.40 per sq. ft.

Business rates & charges may apply

Blue Alpine, London
SIZE AVAILABLE
322 sq. ft.
(30 sq. m.)
SECTOR
High street retail property for sale
USE CLASS
Use class orders: A1 Shops
A1

Key features

  • Victorian mid-terrace ground floor shop
  • Tenant in occupation since 1993
  • Asset management opportunity, shop is under rented
  • VAT is NOT applicable to this property

Property description

Tenure: Leasehold, 992 years remaining

Investment Consideration:
Gross Initial Yield: 4.80%
Rental Income: £12,000 p.a.
VAT is NOT applicable to this property
Victorian mid-terrace ground floor shop
Tenant in occupation since 1993
Asset management opportunity, shop is under rented
Prime location close to Fulham Broadway, Imperial Wharf and West Brompton stations
Nearby occupiers include Tesco, Costa Coffee, Starbucks, Firezza and more.

Property Description:
The property comprises ground floor retail premises, currently operating as tailor shop, providing the following accommodation and dimensions:
Ground Floor: Tailors 30 sq m (322 sq ft)

Tenancy:
The property is at present let to an Individual* for a term of 20 years from 29th September 1993 (Holding Over) at a current rent of £12,000 per annum and the lease contains full repairing and insuring covenants. Current rent below market value. Lease inside Landlord & Tenant Act 1954.
*Note - Individual lease assignment from JMV Holdings

Tenure:
Leasehold. Held on a 999 year lease from March 2014 at a ground rent of £150 per annum. Rent increases to £300 p.a. in 2042, £500 p.a. in 2067, £750 p.a. in 2092 and £1,000 thereafter during the residue of the term.

Location:
Earls Court is a district in the Royal Borough of Kensington and Chelsea in London. The property is located on predominantly residential street, within walking distance to West Brompton Tube Station and nearby occupiers including Tesco, Costa Coffee, Starbucks, Firezza and more.

Brochures

176A Ifield Road, London, SW10

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • West Brompton Station0.3 miles
  • Fulham Broadway Station0.4 miles
  • Earls Court Station0.4 miles

About Blue Alpine, London

83c Ashley Gardens, Thirleby Road, London, SW1P 1HG

Blue Alpine is a leading advisory company that helps clients around the world turn property into a path for growth. We plan and deliver solutions that manage risk, optimise benefits, and expand the power of capital to protect and strengthen portfolios. Together, we unlock potential. At Blue Alpine, we believe a comprehensive understanding of a client’s financial goals are key to helping them fulfil their investment expectations. By employing a transparent and consultative approach we can asse

More properties from Blue Alpine, London

Notes

These notes are private, only you can see them.

Disclaimer - Property reference earlscourt. 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 Blue Alpine, 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.

Map data ©OpenStreetMap contributors.

Your search history

You have no recent searches.