Commercial property for sale in Broadway, London W13
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Property features
- Freehold Investment/Development Opportunity
- Sale-and-Leaseback Plus Approved Planning
- Doctors Surgery Let on New 10 Year Lease
- Producing £100,000 per annum
- Planning Consent for Development of Eight Flats
- Established and Popular Location
Property description
Strapline
Auction Sale - 23/07/2024
Freehold Mixed-Use Investment/Development Opportunity
Doctors Surgery Let on a New 10 Year Lease Producing £100,000 per annum
Planning Consent for Extension to Provide Eight Flats
Description
The property comprises a freehold investment/development opportunity in the heart of Ealing.
Arranged across ground and first floors, the property currently comprises a doctors surgery and associated pharmacy, and is to be sold on a sale and lease-back basis with a new lease for a term of 10 years and paying £100,000 per annum.
The property benefits from planning consent for a rear/side extension to provide additional consultation rooms to the rear, as well as conversion of the remaining space to eight flats.
The planning consent would therefore move the doctors surgery to the rear of the property and a separate agreement for lease in in place on the same terms to allow the development to take place.
The property is situated in an established mixed-use area with a prominent frontage to Ealing Broadway, and comprises the only nhs surgery with such a frontage. The property is well located between West Ealing and Hanwell stations with nearby uses comprising a mix of retail and residential.
Planning
The property has planning consent (reference: 24/1481/ful) for refurbishment of the existing surgery and pharmacy, with a rear/side extension to provide eight apartments:
- 4 x One Bedroom
- 1 x Two Bedrooms
- 3 x Three Bedrooms
The flats are arranged across all floors, with the three bedroom ground floor flat benefitting from a separate entrance and front garden. Six of the flats to the upper parts benefit from private balconies.
For more information about this property, please contact
Savills - National Auctions, W1G on +44 20 8022 4160 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Savills - National Auctions, and do not constitute property particulars. Please contact Savills - National Auctions for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.
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