2 & 4 Spring Bridge Road Ealing London W5 W5 2AA

  • 2 & 4 Spring Bridge Road<br>Ealing<br>London W5<br>W5 2AA

2 & 4 Spring Bridge Road
Ealing
London W5
W5 2AA

Freehold Retail and Residential

  • Majority let until 2023
  • Prominent corner location some 60 metres from Marks & Spencer, The Broadway and Ealing Broadway Shopping Centre
  • Situated immediately east of 'Dickens Yard', the major St George's regeneration project
  • 300 metres from Ealing Broadway Underground & Railway Station (Central & District lines)
  • Lot
    1
  • Auction
    21st October 2010
  • Rent
    £45,030 per Annum Exclusive
  • Status
    Withdrawn Post
  • Price
     
  • Auction Venue
    Millennium Hotel
    39-44 Grosvenor Square
    Mayfair
    London W1K 2HP
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Freehold Retail and Residential

  • Majority let until 2023
  • Prominent corner location some 60 metres from Marks & Spencer, The Broadway and Ealing Broadway Shopping Centre
  • Situated immediately east of 'Dickens Yard', the major St George's regeneration project
  • 300 metres from Ealing Broadway Underground & Railway Station (Central & District lines)
  • Lot 1
  • Auction 21st October 2010
  • Rent £45,030 per Annum Exclusive
  • Status Withdrawn Post
  • Price  
  • Sector
    High Street Retail
  • Auction Venue
    Millennium Hotel
    39-44 Grosvenor Square
    Mayfair
    London W1K 2HP

Property Information

Location
Miles
300 metres from Ealing Broadway Station, 11 miles west of Central London
Roads
A4020, M4\r\nRail: Ealing Broadway (10 minutes to London Paddington)
Air
Heathrow Airport (6 miles)
Situation

The property is situated in a prominent corner location on the west side of Spring Bridge Road opposite the Arcadia Shopping Centre and some 60 metres from its junction with The Broadway, New Broadway and the High Street. Other nearby occupiers include Marks & Spencer, HMV, TK Maxx and Mothercare. St George's are currently developing 'Dickens Yard', a major regeneration project that will provide 698 new apartments, traffic free thoroughfares, boutique shops and cafes. For further information, please visit www.stgeorgeplc.com

Tenure

Freehold.

Location
Miles
300 metres from Ealing Broadway Station, 11 miles west of Central London
Roads
A4020, M4\r\nRail: Ealing Broadway (10 minutes to London Paddington)
Air
Heathrow Airport (6 miles)
Situation

The property is situated in a prominent corner location on the west side of Spring Bridge Road opposite the Arcadia Shopping Centre and some 60 metres from its junction with The Broadway, New Broadway and the High Street. Other nearby occupiers include Marks & Spencer, HMV, TK Maxx and Mothercare. St George's are currently developing 'Dickens Yard', a major regeneration project that will provide 698 new apartments, traffic free thoroughfares, boutique shops and cafes. For further information, please visit www.stgeorgeplc.com

Tenure

Freehold.

Description

The property comprises TWO RETAIL UNITS on ground and basement floors with a RESIDENTIAL FLAT on the first floor comprising five rooms, kitchen, bathroom and separate WC.

VAT

VAT is not applicable to this lot.

EPC

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

Description

The property comprises TWO RETAIL UNITS on ground and basement floors with a RESIDENTIAL FLAT on the first floor comprising five rooms, kitchen, bathroom and separate WC.

VAT

VAT is not applicable to this lot.

EPC

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

Tenancy & Accommodation

Unit Floor Use Floor Areas (Approx) Tenant Term Rent p.a.x Reviews/Reversion
No. 2

Total
Basement
Ground
Retail
Retail
60.11 sq m
65.42 sq m
125.53 sq m
(647 sq ft)
(704 sq ft)
(1,351 sq ft)
BATHROOMS &
TILES DIRECT LTD (1)
(t/a Top Bath)
15 years from 28/08/2008 £30,000 28/08/2011 and
3 yearly thereafter
No. 4

Total
Basement
Ground
Workshop
Retail
22.29 sq m
24.17 sq m
46.46 sq m

(240 sq ft)
(260 sq ft)
(500 sq ft)
INDIVIDUAL
(t/a BARBARA TOBIAS) (2)
3 years from 13/08/2009 £15,000 (12/08/2012)
  First Residential
Not measured – 5 Rooms, Kitchen,
Bathroom and Separate WC
INDIVIDUALS 99 years from 25/03/1986 £30 (3) 25/03/2016 and 25/03/2046
Totals    
171.99 sq m
(1,851 sq ft)
    £45,030  

(1) For the year ending 28th February 2010, Bathrooms & Tiles Direct Ltd reported a turnover of £168,000, pre-tax profits of £10,000 and a total net worth of £1,000. (Source: www.riskdisk.com 12/08/2010)(2) Barbara Tobias offers high quality, affordable design, tailoring and styling for men, women and children. (Source: www.barbaratobias.com 20/08/2010)(3) Please note that the current rent of £30 p.a.x. will increase to £60 p.a.x. from 25th March 2016 and will increase to £90 p.a.x. from 25rd March 2046 until the end of the lease.

Contacts

Seller's Solicitors
YVA Solicitors YVA House, 811 High Road
North Finchley
London
N12 8JT
0208 445 9199
Michael Votsis 0208 445 9898mvotsis@yvasolicitors.com

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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