99 Uxbridge Road, Shepherd's Bush, London, W12 8NL

Description
Number 99 Uxbridge Road is a unique and exceptional Central London investment opportunity, representing the best that the Capital has to offer by combining period grandeur with the appeal and dynamic asset class that is mixed use real estate.

The property was subjected to a complete refurbishment and structural upgrade in 2009/2010 with further internal enhancements made in 2018, delivering the existing four self-contained residential apartments and providing a thoughtful layout that allows both use classes to function independently of each other. As a result of these works, no requirement for further capital expenditure in the near – mid term.

The four self-contained apartments represent the ideal rental investment mix for the area, with 3 x 2 bedroom apartments and 1 x 3 bedroom which benefits from its own private garden. The performance of this investment is most highly rated with the managing agent reporting minimal void periods and the Gross Rental Income when combined with the retail standing at £119,800 per annum representing a Gross Initial Yield of 6.14%.

With the Commercial Use Class ‘E’ element to the Ground & Basement floors, the building also qualifies for non-residential stamp duty rates )capped at 5%) revealing further savings to an investor versus the cost of individual unit acquisitions.

Location
The W12 postcode where 99 Uxbridge Road is located is often cited as one of the most under-valued pieces in Prime Central London, with significant upsides anticipated by virtue of its striking period architecture, high levels of footfall and close proximity to significantly more valuable residential districts such as Kensington and Holland Park. In addition, the immediate area itself benefits from a superb variety of retail destinations – both independent and national – with an eclectic mix of established restaurants and bars, and the landmark Westfield Shopping Centre all located within walking distance.

Shepherds Bush itself boasts the active Green, Dorset Hotel chain and an accessibility across London via public transport that is almost unrivalled. For overseas travel, Heathrow is conveniently located along the A4 with good access from this particular region.

Terms
Tenure: Freehold.

Terms: The property is being offered for sale subject to the five current occupational leases.

Rateable Value: The rateable value of the Commercial premises has ben set at £21,000 per annum.

Rates Payable: We strongly recommend that you verify these rates with the London Borough of Hammersmith & Fulham's Business Rates department on .

EPC: Commercial: B (47). Ground Floor Flat: C (75). First Floor: C (77). Second Floor: C (77). Top Floor: C (78).

VAT: The property is not elected for VAT.