Excellent investment opportunity w12

£375,000

Floorplan

Rare Opportunity: Long Lease Commercial Unit in Prime Location

We are pleased to present a unique opportunity to acquire a long lease commercial unit situated in a highly sought-after area. The property is strategically located opposite Imperial College London and in close proximity to Westfield Shopping Centre. This prime location provides easy access to a wide array of designer shops, cafes, and restaurants, ensuring high foot traffic and visibility.

Property Details:

  • Current Tenant: The premises are currently leased to a Chinese Mini-Market.
  • Passing Rent: 20,400 per annum.
  • Lease Term: 7 years remaining on the current lease.
  • Next Rent Review: Scheduled for 2025.
  • Long Lease Duration: The property is sold with the benefit of a 115-year lease.

This commercial unit represents an excellent investment opportunity, combining a prime location with a stable rental income and long lease security.

Nearest Stations:

0.31 miles
White City
0.45 miles
Latimer Road
0.47 miles
Wood Lane
0.72 miles
Shepherds Bush Market
0.73 miles
Ladbroke Grove

Mortgage Calculator

Your property may be repossessed if you do not keep up repayments on your mortgage.

Monthly Payment: £1,621.75

Total Interest: £208,830.27

Overall Total: £583,830.27

Amortization For Monthly Payment: £1,621.75 over 30 years ( Based on 3.20% Interest )

YearInterest Principal Balance 
2025£11,889.59 £7,571.42 £367,428.58 
2026£11,643.72 £7,817.29 £359,611.30 
2027£11,389.87 £8,071.14 £351,540.16 
2028£11,127.77 £8,333.24 £343,206.92 
2029£10,857.16 £8,603.85 £334,603.07 
2030£10,577.76 £8,883.25 £325,719.82 
2031£10,289.29 £9,171.72 £316,548.10 
2032£9,991.45 £9,469.56 £307,078.55 
2033£9,683.94 £9,777.06 £297,301.48 
2034£9,366.45 £10,094.56 £287,206.92 
2035£9,038.64 £10,422.37 £276,784.56 
2036£8,700.19 £10,760.82 £266,023.74 
2037£8,350.75 £11,110.26 £254,913.48 
2038£7,989.96 £11,471.05 £243,442.43 
2039£7,617.45 £11,843.55 £231,598.88 
2040£7,232.85 £12,228.16 £219,370.72 
2041£6,835.76 £12,625.25 £206,745.47 
2042£6,425.77 £13,035.23 £193,710.24 
2043£6,002.47 £13,458.53 £180,251.70 
2044£5,565.43 £13,895.58 £166,356.12 
2045£5,114.19 £14,346.82 £152,009.31 
2046£4,648.30 £14,812.71 £137,196.59 
2047£4,167.28 £15,293.73 £121,902.86 
2048£3,670.64 £15,790.37 £106,112.49 
2049£3,157.87 £16,303.14 £89,809.35 
2050£2,628.45 £16,832.56 £72,976.78 
2051£2,081.83 £17,379.18 £55,597.61 
2052£1,517.47 £17,943.54 £37,654.07 
2053£934.78 £18,526.23 £19,127.84 
2054£333.17 £19,127.84 £0.00 

Return on Investment

£
£
£
£

Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 301,575

Mortgage Loan to Value

80%

Gross Yield

12%

Annual ROI

35%

Annual Rental Profit

£ 20,249

Cumulative Rental Profit

£ 202,491

Cost of Purchase

£ 20,325
  • Stamp Duty
    £ 8,250

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 9,375
  • Survey Costs
    £ 400
  • Mortgage Fees
    £ 1,000

    Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Legal Fees
    £ 1,300

Adjust these figures

£

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.

Annual Costs

£ 24,751
  • Mortgage Interest
    £ 13,571

    The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Letting and Management Costs (Inc VAT)
    £ 5,940
  • Letting Fee
    £ 240
  • Maintenance
    £ 4,500
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

Adjust these figures

  %
  %
£
  %

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.

Total Profit

£ 418,002
  • Final Equity Profit
    £ 215,510

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
    £ 202,491

    Cumulative Rental Profit = Annual rental profit x Time of Investment

Adjust these figures

  %

This is the assumed rate of house price inflation.

Final Property Value

£ 610,835

This is the property value at the end of the investment based on an assumed rate of % house price inflation.

Notes

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