Kingsbridge House, 581 Bath Road Padbury Oaks, Longford Nr Heathrow London UB7 0EH

Kingsbridge House, 581 Bath Road
Padbury Oaks, Longford
Nr Heathrow
London
UB7 0EH

Freehold Office Investment

Let to Marantz Audio UK Limited with guarantee from Phillips Electronics UK Limited
Lease expires September 2015
Popular courtyard office development adjacent to London’s Heathrow Airport
Asset management opportunities
Of interest to investors and owner occupiers (subject to existing lease)

Lot
5
Auction
23rd October 2014
Rent
£79,131 per Annum Exclusive
Status
Sold
Price
£660,000
Auction Venue
The Millennium Hotel
44 Grosvenor Square
London W1K 2HP

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Freehold Office Investment

Let to Marantz Audio UK Limited with guarantee from Phillips Electronics UK Limited
Lease expires September 2015
Popular courtyard office development adjacent to London’s Heathrow Airport
Asset management opportunities
Of interest to investors and owner occupiers (subject to existing lease)

Lot 5
Auction 23rd October 2014
Rent £79,131 per Annum Exclusive
Status Sold
Price £660,000
Sector
Office
Auction Venue
The Millennium Hotel
44 Grosvenor Square
London W1K 2HP

Property Information

Location

Miles: 16 miles west of Central London; 5 miles south of Uxbridge; 5 miles south-east of Slough
Roads: M25 (Junction 14), M4 (Junction 4B), A4, A3044
Rail: West Drayton Rail Station, Heathrow Airport T5 Underground Station (Piccadilly Line)
Air: London Heathrow Airport

Situation

Bath Road immediately to the north-west of London’s Heathrow Airport. The property is located just outside Heathrow’s perimeter fence and about ½ mile east of the M25 and one mile south of the M4 in a mixed commercial and residential area.

Tenure

Freehold.

Location

Miles: 16 miles west of Central London; 5 miles south of Uxbridge; 5 miles south-east of Slough
Roads: M25 (Junction 14), M4 (Junction 4B), A4, A3044
Rail: West Drayton Rail Station, Heathrow Airport T5 Underground Station (Piccadilly Line)
Air: London Heathrow Airport

Situation

Tenure

Freehold.

Description

The property comprises office accommodation arranged over the ground, first and second floors. The property benefits from on-site car parking for approximately 12 cars.

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 office accommodation arranged over the ground, first and second floors. The property benefits from on-site car parking for approximately 12 cars.

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	Reversion
Ground First Second	Office Office Office	91.22 sq m 94.18 sq m 74.88 sq m	(982 sq ft) (1,014 sq ft) (806 sq ft)	MARANTZ AUDIO UK LIMITED (with guarantee from Phillips Electronics UK Limited) (1)	25 years from 17/09/1990 on a full repairing and insuring lease	£79,131	16/09/2015
Totals		260.28 sq m	(2,802 sq ft)			£79,131

(1) Marantz Audio UK Limited is a wholly owned subsidiary of D&M Europe BV. D&M Audio Visual Limited, also a wholly owned subsidiary of D&M Europe BV, are currently in occupation of the property and paying the rent.