Auction Venue Radisson Blu Portman Hotel 22 Portman Square London W1H 7BG
On behalf of Legal and General
Property Information
Location
Miles
16 miles west of Central London
Roads
M25 (Junction 15), M4 (Junction 4), M40
Rail
West Drayton Railway Station
Air
London Heathrow Airport (5 miles)
Situation
West Drayton is a popular commuter town within the London Borough of Hillingdon. The property is situated in a prominent corner position on the eastern side of the High Street at its junction with Falling Lane. West Drayton Railway Station and future Crossrail Station is just 700 metres to the south and offers direct rail services to London Paddington with an approximate journey time of 25 minutes. Nearby occupiers include Aldi, Betfred, Subway, Costa and a number of independent retailers.
Tenure
Long Leasehold. Long Leasehold. Held from London Borough of Hillingdon for a
term of 120 years from 24/06/1973 at a current rent reserved of
£250 p.a.x.
Location
Miles
16 miles west of Central London
Roads
M25 (Junction 15), M4 (Junction 4), M40
Rail
West Drayton Railway Station
Air
London Heathrow Airport (5 miles)
Situation
West Drayton is a popular commuter town within the London Borough of Hillingdon. The property is situated in a prominent corner position on the eastern side of the High Street at its junction with Falling Lane. West Drayton Railway Station and future Crossrail Station is just 700 metres to the south and offers direct rail services to London Paddington with an approximate journey time of 25 minutes. Nearby occupiers include Aldi, Betfred, Subway, Costa and a number of independent retailers.
Tenure
Long Leasehold. Long Leasehold. Held from London Borough of Hillingdon for a
term of 120 years from 24/06/1973 at a current rent reserved of
£250 p.a.x.
Description
The property comprises a ground floor library with a self-contained first floor which is currently sublet and used as a sports/leisure educational facility. The tenant has the right to use parking spaces in the public car park and service area to the rear.
Six Week Completion (subject to landlord's consent to assign)
Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.
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 ground floor library with a self-contained first floor which is currently sublet and used as a sports/leisure educational facility. The tenant has the right to use parking spaces in the public car park and service area to the rear.
Six Week Completion (subject to landlord's consent to assign)
Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.
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 First
Library Office
264.49 sq m 273.13 sq m
(2,847 sq ft) (2,940 sq ft)
LONDON BOROUGH OF HILLINGDON (1)
120 years from 24/06/1973 until 23/06/2093
£30,054.02
24/06/2018 and five yearly (2)
Totals
537.62 sq m
(5,787 sq ft)
£30,054.02
(1) The first floor has been sublet to Yiewsley TKD School for a term of 10 years from 01/04/2011 on a full repairing and insuring lease at a current rent of £30,054 p.a.x. (2)The rent is reviewed to the rent payable for the preceding year, together with 95% of the increase in rent in respect of the first floor office accommodation under the sub-underlease.
Contacts
Seller's Solicitors
Eversheds LLP Bridgewater Place, Water Lane Leeds LS11 5DR
