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Property Ref: 29162

Freehold Investment (Retail With Residential Upper Parts) - For Sale In Isleworth

INCOME PRODUCING FREEHOLD INVESTMENT BUILDING


479 London Road, Isleworth, Hounslow, TW7 4BX
Available
SQ FT ( SQ M)
Freehold Price £950,000



Enquiry about this Property

Property Type

Retail / Residential

Tenure

Freehold

Price

We are instructed to seek offers in the region of £950,000 (Nine Hundred & Fifty Thousand Pounds), subject to contract, reflecting a net initial yield of 6.47%, assuming purchaser’s costs of 5.69%

Location

Isleworth is a popular residential suburb of the Borough of Hounslow and is located on London Road which provides access to A4 Great West Road into central and other London and the wider motorway network. Local amenities and facilities are accessible with extensive shopping facilities in Hounslow, Brentford & Chiswick and only 20 minutes from Westfield Shopping Centre. Tube and rail links are available via Osterley and Boston Manor
(both Piccadilly Line) underground stations and Isleworth railway station is within a minutes’ walk of the property.

Occupiers close by include Sainsbury’s Local, Coral, Paddypower, Best One and Clarks Pharmacy.

Description

The property is arranged over ground and 3 upper floors to providing a retail shop currently let to Ballucci Ltd on the ground floor and 4 flats above. Please refer to planning below.

Accommodation


Net Yield

Net initial yield of 6.47%, assuming purchaser’s costs of 5.69%.

VAT

The price will not be subject to VAT.

Business Rates

Interested parties are advised to contact the London Borough of Hounslow to obtain this figure.

EPC

Available on request.

Legal Costs

Each party to bear their own legal costs.

Misrepresentation

Telsar Ltd and its joint agents, give notice that these particulars are set out as a general outline only for the guidance of intending Purchasers or Lessees, and do not constitute any part of an offer or contract. Details are given without any responsibility and any intending Purchasers, Lessees or Third Parties should not rely on them as statements or representations of fact, but must satisfy themselves by inspection or otherwise as to the correctness of each of them. No person in the employment of Telsar Ltd or its joint agents, has any authority to make any representation or warranty whatsoever in relation to this property. All rentals and prices are quoted exclusive of VAT.