Strong location within close proximity to an Asda Superstore and Central Middlesex Hospital
Situated on major Central London industrial park
Neighbouring occupiers include HSBC, Avis, Subway and NatWest
Note: The purchaser will pay 1% plus VAT of the purchase price towards the Vendor’s sales costs.
Lot 28
Auction 21st October 2010
Rent £59,500 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Status Withdrawn Post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
6.8 north-west of London W1
Roads
Major access from A40 Westway and A406 (North Circular Road)
Rail
Park Royal Underground (Piccadilly Line)
Air
Heathrow Airport
Situation
Park Royal is London’s largest industrial and business park covering 650 hectares (1,606 acres). The property is on the south side on the important thoroughfare of Acton Lane (B4492) between an Asda Superstore and the Frogmore Industrial Estate, opposite the modern Central Middlesex Hospital. Nearby occupiers include HSBC, Avis, Subway and NatWest.
Tenure
Freehold.
Location
Miles
6.8 north-west of London W1
Roads
Major access from A40 Westway and A406 (North Circular Road)
Rail
Park Royal Underground (Piccadilly Line)
Air
Heathrow Airport
Situation
Park Royal is London’s largest industrial and business park covering 650 hectares (1,606 acres). The property is on the south side on the important thoroughfare of Acton Lane (B4492) between an Asda Superstore and the Frogmore Industrial Estate, opposite the modern Central Middlesex Hospital. Nearby occupiers include HSBC, Avis, Subway and NatWest.
Tenure
Freehold.
Description
The property comprises GROUND FLOOR RETAIL ACCOMMODATION and self-contained MOTOR TRADE WORKSHOP which is accessed separately from Acton Lane.
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 GROUND FLOOR RETAIL ACCOMMODATION and self-contained MOTOR TRADE WORKSHOP which is accessed separately from Acton Lane.
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
Floor
Use
Floor Areas (Approx)
Tenant
Term
Rent p.a.x
Reversions
Ground Forecourt
Retail Parking Spaces
225.61 sq m
(2,428 sq ft)
THE CARPHONE WAREHOUSE LIMITED
5 years from 23/07/2008
£31,000
22/07/2013
Ground Floor Rear
Workshop
345.85 sq m
(3,722 sq ft)
SALA GLOBAL LIMITED
5 years from 02/10/2008
£28,500
30/09/2013
Totals
571.46 sq m
(6,150 sq ft)
£59,500
(1) The Carphone Warehouse Ltd operates from approximately 800 branches in the UK and is the largest independent mobile phone retailer in the world with 2,400 stores across 10 countries. (www.carphonewarehouse.com)
