Are you an Estate Agent? Register here
Are you an Estate Agent? Register here
Stable Farm,, SL9 0PX
£450,000
Location:
Situated on one of Hammersmiths busiest main roads, these two prominently positioned corner retail units benefit from exceptional visibility and continuous foot traffic throughout the day. The surrounding area is a vibrant mix of residential blocks, offices, cafs, and transport links, ensuring a consistent flow of local and commuter trade.
This is a rare opportunity to acquire two well-established corner shops located side by side in one of West Londons most desirable trading positions.
Property DescriptionBoth properties occupy high-profile corner plots with wide glass frontages and excellent signage exposure to the main road. Each unit is fully fitted to a high standard and operates as a successful convenience outlet.
The shops are being sold together as a combined investment and trading opportunity. They are currently trading under separate names but benefit from shared footfall and complementary product offerings.
Financial PerformanceCombined Weekly Turnover: approximately 25,000
Strong Profit Margins due to high demand and minimal local competition
The immediate area has no comparable convenience stores, providing the shops with a dominant local presence
TenureLeasehold:13 years
Rent:103,000
Business Rates:20,000
Map location is not available for this property.
Your property may be repossessed if you do not keep up repayments on your mortgage.
Monthly Payment: £ 8,216.87
Monthly Payment: £ 8,216.87
Monthly Payment: £ 8,216.87
Amortization For Monthly Payment: £8,216.87 over 30 years ( Based on 3.20% Interest )
Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.
Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.
Your home may be repossessed if you do not keep up repayments on your mortgage.
The refurbishment budget is set to 2.50% of the purchase price, but this will vary dependent on the suitability of the property for the rental market. Select a value that you feel is appropriate to the condition of the property.
This will vary between lenders, type of report and whether or not you are buying with a mortgage, for advice on which type of survey would be appropriate speak with an advisor from Preston Baker Financial Services.
Lenders will often charge a fees for the arrangement of a mortgage, for advice on what lenders may charge, speak with an advisor from Preston Baker Financial Services. Your home may be repossessed if you do not keep up repayments on your mortgage.
This is the sum of mortgage admin, land registry, search, bank transfer and any other fees incurred.
Purchase costs include assumed mortgage and survey costs which are estimated. For a quote contact a Preston Baker Financial Services mortgage advisor who can provide you with current and accurate information. The stamp duty calculation has applid the 3% stamp duty surcharge on the basis that this will be a second property.
The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.
This is the percentage of the rent that you will spend maintaining the property.
Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.
Service charge only applies to leasehold properties. The correct figure can found in the Property Information Questionnaire answered by the seller.
This is a standard, indicative figure only. Properties that have a service charge often have this included withing that charge. Please consult the Property Information Questionnaire for more information.
Final Equity Profit = Final Property Value - Mortgage Required - Investment
Cumulative Rental Profit = Annual rental profit x Time of Investment
This is the assumed rate of house price inflation.
This is the property value at the end of the investment based on an assumed rate of % house price inflation.
Stable Farm,, SL9 0PX
The Property has been saved to your favorites
/ 5
It's quick and easy
