Pizza Hut, Lombardy Retail Park Coldharbour Lane Hayes Greater London UB3 3EX

Pizza Hut, Lombardy Retail Park
Coldharbour Lane
Hayes
Greater London
UB3 3EX

Modern Restaurant Investment

Let to Pizza Hut (UK) Limited until 2024
Prominent position on modern Retail Park
Neighbouring occupiers include McDonald’s, Next, Sports Direct.com, Homebase and Sainsburys
Six Week Completion

Lot
21
Auction
5th December 2013
Rent
Gross: £91,000 per Annum Exclusive
Status
Sold
Price
£1,280,000
Auction Venue
Millennium Hotel
44 Grosvenor Square
London W1K 2HP

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Modern Restaurant Investment

Let to Pizza Hut (UK) Limited until 2024
Prominent position on modern Retail Park
Neighbouring occupiers include McDonald’s, Next, Sports Direct.com, Homebase and Sainsburys
Six Week Completion

Lot 21
Auction 5th December 2013
Rent Gross: £91,000 per Annum Exclusive
Status Sold
Price £1,280,000
Sector
Restaurant
Auction Venue
Millennium Hotel
44 Grosvenor Square
London W1K 2HP

Property Information

Location

Miles: 12 miles west of Central London
Roads: A312, A4020, M25
Rail: Hayes & Hillingdon, Southall Railway Station
Air: London Heathrow Airport

Situation

The property is prominently situated at the entrance to the busy Lombardy Retail Park, which is situated at the junction of Parkway (A312) and Uxbridge Road (A4020).

Tenure

Leasehold. Held for a term of 125 years from 25th March 1993 until 2118 at a peppercorn rent.

Location

Miles: 12 miles west of Central London
Roads: A312, A4020, M25
Rail: Hayes & Hillingdon, Southall Railway Station
Air: London Heathrow Airport

Situation

The property is prominently situated at the entrance to the busy Lombardy Retail Park, which is situated at the junction of Parkway (A312) and Uxbridge Road (A4020).

Tenure

Leasehold. Held for a term of 125 years from 25th March 1993 until 2118 at a peppercorn rent.

Description

The property comprises a modern purpose built restaurant unit benefiting from a site area of approximately 0.14 hectares (0.35 acres) which accommodates some 28 car parking spaces.

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property comprises a modern purpose built restaurant unit benefiting from a site area of approximately 0.14 hectares (0.35 acres) which accommodates some 28 car parking spaces.

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor	Use	Floor Areas (Approx)		Tenant	Term	Rent p.a.x	Reviews
Ground	Restaurant	312 sq m	(3,357 sq ft)	PIZZA HUT (UK) LIMITED (1)	30 years from 24th June 1994 until 2024 on a full repairing and insuring lease	£91,000	2014 and 2019
Totals		312 sq m	(3,357 sq ft)			£91,000

(1) For the year ending 2nd December 2012, Pizza Hut (UK) Limited reported a turnover of £268,692,000, pre-tax profits of £1,329,000 and a net worth of £54,786,000. (Source: www.riskdisk.com 08/11/2013)