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Uxbridge Road, Shepherd's Bush, London, W12

Commercial Property in Shepherd's Bush

Guide Price £2,000,000

  • Floorplan

PICTURES AND VIDEOS

KEY FEATURES

  • For Sale: Two substantial Mixed-Use Freehold buildings with development potential and excellent yield located in prime Shepherd's Bush.

Description

For Sale: Two substantial Mixed-Use Freehold buildings with development potential and excellent yield located in prime Shepherd's Bush.

Available for the first time in over 20 years, No.s 77 & 79 Uxbridge Road now present a rare opportunity to acquire a pair of large Freehold Buildings along this arterial road in West London. These highly impressive mixed-use properties on Uxbridge Road receive a passing rent of c.£127,400 per annum. In addition, the vast floorplate totalling 6,070 sq ft is unparalleled in the immediate vicinity in terms of current disposals.

RESIDENTIAL ACCOMODATION (C3) – Occupying in excess of 2,500 sq ft of accommodation, the upper floors have been let for multiple years and will be provided with full vacant possession on completion. This allows any prospective purchaser to explore a full renovation and reconfiguration alongside the additional potential to extend the rear of the property to provide further accommodation (STPP).

77/79 UXBRIDGE ROAD (COMMERCIAL) – The supermarket is let on two separate leases; 77 Uxbridge Road for 15 years commencing on the 29th September 2011. The rent passing is £30,000 PAX with no outstanding rent reviews to consider. 79 Uxbridge Road is equally let for 15 years from 25th December 2019. The rent passing is £25,000 PAX. There are rent reviews due in December 2024 & December 2029.

77B (CAFÉ) – The café located at the rear of 77 Uxbridge Road is let for a term of 3 years, commencing on the 24th March 2022. The passing rent is £10,000 PAX.

Location

The properties are located on the south side of Uxbridge Road and occupy a superb corner position adjacent to Devonport Road within a short walk to both Shepherds Bush Green & Shepherds Bush Market. The property benefits from strong transport links with three underground stations all within 10 minutes’ walk, these include Goldhawk Road & Shepherds Bush Market (Circle, Hammersmith & City) and Shepherds Bush (Central Line & Overground).
The property is situated within the White City Opportunity Area, incorporating a number of current and proposed major mixed-use schemes. These include Westfield Phase Two, White City Place and the BBC Television Centre redevelopment.
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