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193/195 High Street, London, W3

Fixed Price
£1,300,000

£431.46 per sq ft

Business rates & charges may apply

Blue Alpine, London
SIZE AVAILABLE

3,013 sq ft

280 sq m

SECTOR

High street retail property for sale

USE CLASSUse class orders: Class E

E

Description

Investment Consideration:
Gross Initial Yield: 6.08%
Rental Income: £79,000 p.a.
Let to Mleczko Delikatesy Limited until 2035, no breaks
Rent reviews in February 2025 and 2030. Open market upward only
VAT is NOT applicable to this property
In same ownership for 15 years
Comprises large double fronted ground floor shop t/a supermarket
Situated between Acton Central and Ealing Common Stations, with occupiers nearby including Morrisons, Lidl, Restaurants, Takeaways, Pharmacy and more.

Property Description:
The property comprises large double fronted retail premises t/a Polish delicatessen supermarket. The property benefits from rear access and provides the following accommodation and dimensions:
Ground Floor: 280 sq m (3,013 sq ft)
Open plan retail, storage, office, WCs

Tenure:
Long Leasehold. Held on a 999 Year lease from 21st July 2000 at a ground rent of peppercorn.

Tenancy:
The property is at present let to Mleczko Delikatesy Limited for a term of 20 years from 11th February 2015 at a current rent of £79,000 per annum and the lease contains full repairing and insuring covenants. Rent review in February 2025 and 2030 open market upward only. No breaks.
Mleczko Delikatesy has 14 branches across North, South and West London and 1 Branch in Reading. The company reported turnover of £31,842,000 and a total net assets of £7,654,000 for the financial year ending December 2021.
For more information please visit their website:


Location:
Acton is a town and area in west London, England, within the London Borough of Ealing. It is 6.1 miles (10 km) west of Charing Cross. The recently refurbished 'Mount' on Acton High Street hosts a Market on Thursday, Friday and Saturday. Acton's library, swimming baths (built in 1904) and Town Hall are examples of tall Victorian municipal buildings that can be found along the High Street. The property is conveniently located between Acton Central and Ealing Common Stations, with occupiers nearby including Morrisons, Lidl, Restaurants, Takeaways, Pharmacy and many more.

Brochures

193/195 High Street, London, W3

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Acton Central Station0.4 miles
  • Acton Town Station0.5 miles
  • South Acton Station0.6 miles

About Blue Alpine, London

54 Welbeck Street, London W1G 9XS

Blue Alpine is a UK-wide property consultancy based in central London, focusing on commercial property, developments and residential blocks. Our services include disposals, acquisitions, lettings, auction advice, planning and architecture, dilapidations, and surrenders of leases.

Blue Alpine plans and delivers solutions that manage risk, optimise benefits, and expand the power of capital to protect and strengthen portfolios. By employing a transparent and consultative approach, we can assess and manage your current portfolio to devise a forward-looking investment plan and, if necessary, an exit strategy.

We are dedicated to disrupting the commercial property industry by delivering exceptional solutions that prioritise honesty, transparency, integrity, and providing an unparalleled client experience. Our team consists of knowledgeable professionals with a strong background in commercial property, enabling us to help clients around the world turn property into a path for growth.

Together, we unlock potential.

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