Petrol Stations for sale in Bayswater, London

Commercial Property in Bayswater available for sale

Retail Properties for Sale Near the Bayswater, London

29 Alexander St

London, W2 5NU

Office for Sale
£1,100,000
1,247 sq ft
1 Unit Available

London Retail for Sale - Bayswater

The unit is approximately 1,115 sq. ft. (excluding Vaults 1,247 sq,ft. including the vaults). Class E office with Permitted Development Rights granted for Conversion to Residential 1,115 sq ft over ground and lower ground floor Rear courtyard To be sold vacant or with short term income New 999-year lease or Share of Freehold available by negotiation.

Contact:

Ascent Real Estate

Property Subtype:

Shopfront Retail / Residential

Date on Market:

24/02/2026

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37 Alexander St

London, W2 5NU

Retail for Sale
£425,000
787 sq ft

London Retail for Sale - Bayswater

Investment Consideration: Gross Initial Yield: 5.88% Rental Income: £25,000 p.a. VAT is NOT applicable to this property Comprises ground floor retail premises with ancillary at basement Prominent corner location with allocated outdoor space at the front Situated in a quiet residential area within 5 min walk from Royal Oak Underground Station with nearby occupiers including Veterinary Clinic and others. Property Description: Comprises prominent corner retail premises t/a medical clinic arranged over ground floor and basement, providing the following accommodation and dimensions: Ground Floor: 35 sq m (377 sq ft) Reception, Retail Basement: 38 sq m (410 sq ft) Treatment rooms, wc Tenancy: The property is at present let to Portobello Girl Beauty Limited for a term of 10 years from 8th June 2018 at a current rent of £25,000 p.a. and the lease contains full repairing and insuring covenants. Break clause in 2023 NOT exercised. Rent review from 2023 outstanding. Tenure: Long leasehold. Held on a 999 Year lease from 25th December 1988 at a ground rent of peppercorn. Location: The property is situated in a highly sought after area of West London, North of Bayswater and west of Paddington, close to local shops and amenities with the more extensive facilities of Whiteleys Shopping Center in close proximity. The open spaces of Hyde Park are within easy reach. The closest underground station is Royal Oak, situated 5 min walk and providing Circle and Hammersmith & City Lines.services.