324 Chiswick High Rd | London W4 5TA
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324 Chiswick High Rd
London W4 5TA
320-324 Chiswick High Road · Retail Property For Sale · 4,656 SF Total
Investment Highlights
- Attractive retail and residential asset.
- To the rear sits a derelict garage and service yard that provides an excellent opportunity for residential development.
Executive Summary
A prime retailing location in the affluent Greater London location of Chiswick. The property is currently let to Vision Express and The Sushi Co with one further vacant unit.
The property benefits from the opportunity to develop a plot of land to the rear into 6 residential flats which has already received a positive pre-application. There is one further vacant flat in need of refurbishment included in the sale.
Offers invited in excess of £3,260,000 (Three Million, Two Hundred and Sixty Thousand Pounds) subject to contract and exclusive of VAT.
• Total Income: £162,000 per annum (assuming a rental guarantee on the vacant unit)
• Retail Net Initial Yield: 8.00%
• Residential & Development Capital Value: £1,360,000 (£250 psf)
The property benefits from the opportunity to develop a plot of land to the rear into 6 residential flats which has already received a positive pre-application. There is one further vacant flat in need of refurbishment included in the sale.
Offers invited in excess of £3,260,000 (Three Million, Two Hundred and Sixty Thousand Pounds) subject to contract and exclusive of VAT.
• Total Income: £162,000 per annum (assuming a rental guarantee on the vacant unit)
• Retail Net Initial Yield: 8.00%
• Residential & Development Capital Value: £1,360,000 (£250 psf)
PROPERTY FACTS
| Price / SF | $863.54 / SF | Number of Properties | 3 |
| Cap Rate | 8% | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 4,656 SF |
| Status | Active | Total Land Area | 0.05 AC |
| Price / SF | $863.54 / SF |
| Cap Rate | 8% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 4,656 SF |
| Total Land Area | 0.05 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 324 Chiswick High Rd, London W4 5TA | Retail | 2,105 SF | 1904 | - |
| 322A Chiswick High Rd, London W4 5TA | Retail | 1,924 SF | 1904 | - |
| 320 Chiswick High Rd, London W4 5TA | Retail | 627 SF | 1904 | - |
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