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For Sale Hammersmith Road, London, W6 £1,400,000

Commercial  For Sale £1,400,000

Hammersmith Road, London, W6

Excellent Investment Opportunity with AAA Corporate Tenant

Use - D1 Dental Clinics

9 Fully Fitted Dental Clinic Rooms

Rent - £80,000 per annum

Borough - Hammersmith & Fulham

Term 999 Years Lease from 1976

Two upmarket Dental Clinics

Leasehold

952 Lease Years Remaining

An Opportunity to acquire two Dental Surgeries, comprises; 9- purpose built clinic rooms on a new 15-year renewable sale and lease back to a prime covenant with a strong operational track record and accounts.

Two upmarket dental clinic premises on Term: 99 years lease from 1976 (Option Re-new to 999 Years Lease By Separate Negotiations), comprises circa 3000 sq. feet combined, located in Hammersmith, 150 meters East of Hammersmith Broadway.

Complete with new institutional standard Full Repairing and Insuring 15-year lease (renewable) to Colosseum Dental UK Limited a (AAA covenant), at an initial rent of £80,000 pa, subject to 5 yearly rent reviews.

The healthcare sector is becoming increasingly popular with the institutional funds, as they move away from the retail sector, and look for alternative, diversified growth areas with good supply/demand dynamics. The lot size of this asset is appealing to them with regard any future disposal.

Location

Floor Plans

Floor Plan 1
Floor Plan 2
Floor Plan 1
Floor Plan 2

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IMPORTANT NOTICE FROM LATYMERS

Descriptions of the property are subjective and are used in good faith as an opinion and NOT as a statement of fact. Please make further specific enquires to ensure that our descriptions are likely to match any expectations you may have of the property. We have not tested any services, systems or appliances at this property. We strongly recommend that all the information we provide be verified by you on inspection, and by your Surveyor and Conveyancer.

Fees

When renting a property, you will need to take into consideration the lettings cost and charges when you make an offer.

Holding Deposit: You will be required to pay a holding deposit equivalent to one week’s rent in order to take the property off the market. The week’s deposit will be taken as part of the full 5 week’s deposit required before the start of the tenancy.

Security Deposit: This is usually the equivalent of 5 weeks’ rent, payable prior to the commencement of your tenancy to cover the added risk of property damage that is beyond fair wear and tear. This deposit will be protected in a Government-authorised scheme and may be returned at the end of the tenancy. All deposits are held in our Clients Account and protected by Clients Money Protection Scheme.

Advance Rent: Rent is usually payable in advance for each tenancy. You will therefore need to pay the first month’s rent prior to the commencement of your tenancy.

Professional Cleaning: Tenants will usually be responsible for paying for a professional clean at the end of the tenancy. Costs can vary depending on the size of the property and your requirements, payable to the cleaning company.

Lastly, the Tenant/s will pay all utility bills, telephone and Council Tax where applicable.

Should you have any question, please do not hesitate to contact our lettings team on: 0208 741 2233 or email at: info@latymers.co.uk