Northfield Avenue, London, W13 9QT
- SIZE
Ask agent
- SECTOR
Mixed use property for sale
- USE CLASSUse class orders: Class E
E
Key features
- Prime mixed-use investment in sought-after West London location
- Commercial unit let on secure FRI lease
- Two self-contained 1-bed flats let on ASTs
- Vacant office with letting or redevelopment potential
- Investment income with further uplift potential
- Option to purchase individually or collectively with freehold interest
- Future development / reconfiguration potential (STPP & consents)
- For sale via online auction unless sold prior
Description
We are instructed to offer this substantial mixed-use property, prominently positioned on the ever-popular Northfield Avenue in West London. Rarely do opportunities of this nature come to market, combining secure income, strong underlying asset value, and future development potential (STPP).
The property is arranged as a ground floor commercial unit, two self-contained residential flats, and a rear office. The shop is let on a full repairing and insuring (FRI) lease, whilst the flats are both let on Assured Shorthold Tenancies (ASTs). The rear office is currently vacant, providing immediate scope for letting, owner-occupation, or redevelopment.
The property is producing investment income, with scope to enhance through the letting of the vacant office and longer-term reconfiguration of the upper parts.
Each unit will be sold with the benefit of a new 999-year lease (virtual freehold) on completion. Purchasers may buy units individually or acquire the entire holding together with the freehold interest.
There may also be scope to extend into the loft space above the second floor flat (subject to planning and usual consents), further enhancing long-term value.
Schedule of Accommodation:
Ground Floor Shop - approx. 56.08 sq. m. (604 sq. ft.) GIA (Source: VOA) - let on FRI lease
First Floor Flat - approx. 47 sq. m. - 1-bed, let on AST
Second Floor Flat - approx. 49 sq. m. - 1-bed, let on AST, with potential to extend into loft (STPP)
Rear Office - approx. 11 sq. m. - vacant
Key Highlights:
-Prime mixed-use investment in sought-after West London location
-Commercial unit let on secure FRI lease
-Two self-contained 1-bed flats let on ASTs
-Vacant office with letting or redevelopment potential
-Investment income with further uplift potential
-New 999-year leases (virtual freehold) to be granted on completion
-Option to purchase individually or collectively with freehold interest
-Future development / reconfiguration potential (STPP & consents)
-For sale via online auction unless sold prior
LOCAL AUTHORITY: London Borough of Ealing
VIEWINGS: By Appointment Only
This property is being sold via online auction. Interested parties are strongly advised to review the legal pack and the terms of sale prior to bidding. A non-refundable deposit of 10% of the purchase price is required upon the fall of the electronic gavel, together with any applicable auction fees. Pictures, floorplans, videos, and CGI's are provided for guidance purposes only and should not be relied upon as statements of fact. They are intended to give a general indication of the property and may not accurately represent its current condition or layout.
Guide Prices are issued as an indication of the seller's minimum expectation. They are not guaranteed sale prices and may change at any time prior to the auction. Each property will be offered subject to a Reserve Price, being the minimum figure the Auctioneer is authorised to accept. The Reserve Price is generally set within the Guide Range or up to 10% above a single-figure Guide Price.
All prospective purchasers are urged to carry out their own due diligence, inspections, and seek independent professional financial & legal advice before bidding on this property. If you are unsure about any aspect of the property, you are strongly advised not to bid without obtaining such advice.
For further information, please contact DALINGTON Auction House
Northfield Avenue, London, W13 9QT
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Northfields Station0.2 miles
- South Ealing Station0.4 miles
- Boston Manor Station0.6 miles
Notes
Disclaimer - Property reference RSDNA159. 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 DALINGTON Auction House, 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.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call DALINGTON Auction House, London on 020 8176 6807.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a Guide Price or a range of Guide Prices. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a Reserve Price below which the property cannot be sold at auction. Normally the Reserve Price will be set within the range of Guide Prices or no more than 10% above a single Guide Price.
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