DOWNHILLS ROAD N17
£449,995
AWAITING IMAGE
X6 APARTMENTS
RENTAL INCOME £28,500 WITH POTENTIAL £39,000 pa
RENTAL INCOME £28,500 WITH POTENTIAL £39,000 pa
This is an extended mid terrace house arranged into 6 flats, 2 x 1 beds and 4 studios, all self contained with own bathrooms and kitchens . Although provisions for separate meters are installed to all flats, at present, all flats feed off one meter and the landlord pays the bills. The flats were split without planning permission but has establish use since 2004. The extensions have building control certificates.
All flats are tenanted and achieving a combined rent of £28,500 pa. All are under price and potentially the income could be as much as £39,000 pa. For example, a studio flat is currently let for £120.00 when it could achieve £160-£180 per week. 1 bed flats are let for £150.00 per week when it could achieve £200-£220.00 per week.
Asking price is £449,995 which is below market price for a quick sale. Similar properties in the area are valued between £500-£550,000.00.
Devonshire, W4 £1,000,000 + VAT subject to contract
Devonshire Road
Chiswick
London
W4 2JJ
Chiswick
London
W4 2JJ
· Detached freehold pub and garden
· Gross internal area approximately 5,591 sq ft / 519 sq m
· Site area approximately 415 sq m (4,477 sq ft)
· Potential for alternative use/redevelopment (subject to necessary consents)
FOR SALE FREEHOLD WITH VACANT POSSESSION
£1,000,000 (PLUS VAT IF APPLICABLE)
£1,000,000 (PLUS VAT IF APPLICABLE)
LOCATION
The property is located at the junction of Devonshire Road and Ashbourne Grove in a mainly residential area of Chiswick. The northern end of Devonshire Road is populated by niche retailers and quality food and beverage offers including the Michelin starred La Trompette. The High Road is approximately 375 metres to the north, the nearest underground station is Turnham Green (District Line).
The property is located at the junction of Devonshire Road and Ashbourne Grove in a mainly residential area of Chiswick. The northern end of Devonshire Road is populated by niche retailers and quality food and beverage offers including the Michelin starred La Trompette. The High Road is approximately 375 metres to the north, the nearest underground station is Turnham Green (District Line).
THE PROPERTY
A detached two storey property built over part basement. The accommodation can be summarised as follows, floor plans are enclosed herewith:-
A detached two storey property built over part basement. The accommodation can be summarised as follows, floor plans are enclosed herewith:-
Ground Floor (2,554 sq ft / 237 sq m)
Open plan trade area with single servery. Panelled walls and three fireplaces (it is not known if they function). Two sets of male and female WC’s. Commercial kitchen, storage.
Open plan trade area with single servery. Panelled walls and three fireplaces (it is not known if they function). Two sets of male and female WC’s. Commercial kitchen, storage.
First Floor (1,345 sq ft / 125 sq m)
Five rooms, bathroom, separate WC, storage.
Five rooms, bathroom, separate WC, storage.
Basement (799 sq ft / 74 sq m)
Beer cellar, general storage.
Beer cellar, general storage.
Outdoor (893 sq ft / 83 sq m)
Rear yard with walk-in refrigeration, side passageway, trade garden.
Rear yard with walk-in refrigeration, side passageway, trade garden.
From ProMap measurements it has been calculated that the building footprint is approximately 268 sq m (2,891 sq ft) and the site area is approximately 415 sq m (4,477 sq ft).
NB: The measurements set out herein were taken using the ProMap measuring system and are for guidance purposes only and no reliance should be placed on this when making any offer to purchase either expressly or impliedly and for the avoidance of doubt AG&G Chartered Surveyors will be not liable for any losses howsoever arising in law as a result of the bidder placing any reliance on such measurement. The successful bidder should state if they wish to undertake a measured survey prior to exchange of contracts to enable it to satisfy itself of the precise measurements.
PREMISES LICENCE
The Premises License permits the sale of alcohol from 11:00 am to Midnight Monday to Saturday and from Noon to 10:30 pm on Sunday.
The Premises License permits the sale of alcohol from 11:00 am to Midnight Monday to Saturday and from Noon to 10:30 pm on Sunday.
SERVICES
The property is believed to be connected to all mains services.
The property is believed to be connected to all mains services.
LOCAL TAXATION
The property is listed as a Public House and Premises and has a Rateable Value of £52,500.
The property is listed as a Public House and Premises and has a Rateable Value of £52,500.
PLANNING
From informal enquiry of the London Borough of Hounslow it has been ascertained that the property is not
From informal enquiry of the London Borough of Hounslow it has been ascertained that the property is not
listed as being of Special Architectural or Historical Interest, nor does it lie within a conservation area.
BASIS OF SALE
Unconditional offers are invited for the freehold interest with vacant possession upon completion, guide price £1,000,000 plus VAT.
Unconditional offers are invited for the freehold interest with vacant possession upon completion, guide price £1,000,000 plus VAT.
CONTACT Mark Greenwood 07716023743
conceptpropertysolutions@gmail.com