*** PRIME CHISWICK RETAIL UNIT RAISES £2.55M ***
A prominent freehold retail and residential investment in the affluent West London borough of Chiswick has been sold for £2.55m.
The sale comes hard on the heels of the retail unit being let to Shelter for its new boutique clothing format which it launched last autumn. Shelter has taken a new 10-year lease on the 1,565 sq ft shop at annual rent of £65,000 pa.
Located at 80 - 82 Turnham Green Terrace, close to the underground station, the property includes two recently refurbished flats above, both of which are vacant.
Houston Lawrence and HRH Retail acted for the vendor, Investre. The purchaser, Loadcase Limited, was represented by Gerrard Matthews.
Investre is a London-based real estate company focused on investment properties in the Greater London area and strong regional locations. It currently has a portfolio of six projects totalling around 100,000 sq ft.
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