Auction Venue Radisson Blu Portman Hotel 22 Portman Square London W1H 7BG
Property Information
Location
Miles
6 miles south-east of Windsor, 19 miles west of Central London, 21 miles north-east of Guildford
Roads
A30, M3, M4, M25
Rail
Staines Railway Station
Air
London Heathrow Airport
Situation
The property is prominently situated on the north side of the High Street, at its western end, opposite Thames Street. The property benefits from close proximity to both Two Rivers Retail Park and Elmsleigh Shopping Centre, with other nearby occupiers include Debenhams, WH Smith, New Look, River Island, Monsoon, Pizza Express and Dorothy Perkins.
Tenure
Freehold.
Location
Miles
6 miles south-east of Windsor, 19 miles west of Central London, 21 miles north-east of Guildford
Roads
A30, M3, M4, M25
Rail
Staines Railway Station
Air
London Heathrow Airport
Situation
The property is prominently situated on the north side of the High Street, at its western end, opposite Thames Street. The property benefits from close proximity to both Two Rivers Retail Park and Elmsleigh Shopping Centre, with other nearby occupiers include Debenhams, WH Smith, New Look, River Island, Monsoon, Pizza Express and Dorothy Perkins.
Tenure
Freehold.
Description
The property comprises a double-fronted public house with accommodation over basement, ground and first floors. Both the ground and part first floors provide bar/restaurant accommodation with ancillary space at basement level. In addition the property benefits from a terrace and access to the rear.
Six Week Completion
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 double-fronted public house with accommodation over basement, ground and first floors. Both the ground and part first floors provide bar/restaurant accommodation with ancillary space at basement level. In addition the property benefits from a terrace and access to the rear.
Six Week Completion
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/ Basement/First
Public House/ Ancillary
676.43 sq m
(7,281 sq ft)
JD WETHERSPOON PLC (1)
35 years from 24/06/1996 until 23/06/2031
£132,500
24/06/2016 and five yearly thereafter
Totals
676.43 sq m
(7,281 sq ft)
£132,500
(1) For the year ending 27th July 2014, JD Wetherspoon plc reported a turnover of £1,409,333,000 and pre-tax profits of £78,365,000 and a total net worth of £200,330,000. (Source: Experian Group: 06/11/2015)
