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Class E Office Investment with Development Potential, Freehold for Sale, Shepherds Bush, W12

Two adjoining buildings with large rear garden

59-61 Goldhawk Road, Shepherds Bush, London W12

>Class E Office Investment with Development Potential for Sale, 59-61 Goldhawk Road, Shepherds Bush, London W12

Situation & Location

The property is situated on the the southern side of Goldhawk Road, adjacent Goldhawk Road underground station (Circle, Hammersmith & City Lines).

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Description & Accommodation

The property comprises two adjoining office buildings with shop fronts, planned on basement, ground and two upper floors. Externally there is a rear garden: depth approx 15.8 m, width approx 10 m wide. The building is currently arranged and fittied out as digital editing suites, podcast suites, preview cinema, reception and break out area.

Net internal office area approx 2,549 sq ft 237 sq m
Gross internal area approx 4,204 sq ft 390 sq m

Tenure

Freehold

Tenancies

The entire property is let to West Digital Ltd on two leases, both expiring in September 2028, drawn on internal repairing and insuring terms and taken outside the Landlord & Tenant Act 1954, producing an aggregate rent of £66,250 per annum exclusive.

Guide Price

One million and forty thousand pounds (£1,040,000) to give a net initial yield of 6% after usual costs of purchase, with significant future potential for redevelopment and change of use.

Legal Costs

Each party to bear their own.

EPC

EPC rating 39 Band B.

VAT

Will not apply.

Contact

Jeremy Barnard
Tel: 020 7938 3990
Fax: 020 7937 3764
Email: jb@jmwbarnard.com

Important Notice: Measurements are approximate and no responsibility is taken for any error, omission or mis-statement in these particulars which do not constitute an offer or contract. No representation or warranty is given either during negotiations, in particulars, or elsewhere. Unless otherwise stated all rents and prices are exclusive of VAT, where applicable.

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JMW Barnard LLP registered office: North Lodge, Brockham Green, Betchworth, Surrey, RH3 7JS - Registered in England Number: OC314826
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