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200 Chiswick High Road
Chiswick
W4 1PD

Size 1,672 sq ft (155.39 sq m)
Lease / Term The subject freehold (Title Number: AGL30610) is owned by our Client (a private individual). Parties should note that our Client also occupies the adjacent no. 198 Chiswick High Road, but this is by way of a lease and this property does not form part of the subject sale. The property will be sold, subject to a lease being granted back to his fashion retail business, Pie Clothing Limited, for a minimum term of 3 years. The rent proposed is £80,000 per annum for a full repairing and insuring lease. The lease will demise the whole of the property to Pie Clothing and will be contracted outside of the relevant provisions of the LTA 1954 Act.
Price Upon Application
Rates The VOA website lists the Ground Floor Retail unit as having a rateable value of £53,500.
VAT VAT is not applicable
This brick-built three storey property forms part of a nineteenth century parade that has good retail frontage at street level and attractive upper parts in the Victorian style. The property is currently used as ground floor A1 retail with self-contained ancillary upper parts (1st & 2nd floors); these upper floors are accessed by a service road at the rear and could be easily refurbished to residential. We believe there is also an opportunity to bring the access staircase inside by re-purposing the rear of the ground floor and potentially creating a small studio flat in the process (circa 400 sq ft - STP). The subject property is not listed, but it does fall within the Chiswick High Road Conservation Area.
The property is situated on the north side of Chiswick High Road between Elliot Road and Windmill Road. The Chiswick prime retail pitch lies between Turnham Green Terrace and Chiswick Green and the subject property is situated on this pitch. The retail and leisure offer in Chiswick is large and diverse. Nearby retailers include JoJo Maman Bébé, Whistles, Snappy Snaps, Mint Velvet, M&S and Waterstones. Nearby Turnham Green Terrace, which is the main access road to Turnham Green Station, is a popular pitch in itself with a selection of boutiques as well as multiples including Sweaty Betty. Chiswick also has an established restaurant scene and boasts two Michelin starred restaurants, Hedone and La Trompette.

Accommodation

Floor Size
Ground Floor Retail Area 820 sq ft (76.21 sq m)
1st Floor Ancillary 495 sq ft (46.00 sq m)
2nd Floor Ancillary 358 sq ft (33.27 sq m)
Total 1,673 sq ft (155.48 sq m)

Amenities

  • Asset Management Opportunities
  • Whole property let on single lease
  • New 5 yr lease with mutual break
  • Opportunity to add value

Contact

Richard Farndale
T: 020 8940 2266
Contact me