Planning Consent for four residential flats on upper floors
Busy High Street location in affluent London suburb
Nearby occupiers include Subway, Halifax, Iceland, O2 and Boots Chemist
For the Seller's Legal Pack, please click the Property Documents tab below
For a Buyer's Legal Report please click <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>
Lot 5
Auction 11th February 2016
Rent £35,600 per Annum Exclusive
Status Sold Prior
Price
Sector High Street Retail
Auction Venue Radisson Blu Portman Hotel 22 Portman Square London W1H 7BG
On behalf of Joint LPA Receivers
Property Information
Location
Miles
1 mile west of Ealing Broadway, 5 miles north of Richmond, 8 miles west of Central London
Roads
A4020, M4 (Junction 2)
Rail
West Ealing Rail (13 minutes to London Paddington)
Air
London Heathrow
Situation
The property is situated in a prominent position on the northern side of the busy Broadway (A4020) approximately 1 mile west of Ealing Broadway. Nearby occupiers include Subway, Halifax, Iceland, O2 and Boots Chemist.
Tenure
Freehold.
Location
Miles
1 mile west of Ealing Broadway, 5 miles north of Richmond, 8 miles west of Central London
Roads
A4020, M4 (Junction 2)
Rail
West Ealing Rail (13 minutes to London Paddington)
Air
London Heathrow
Situation
The property is situated in a prominent position on the northern side of the busy Broadway (A4020) approximately 1 mile west of Ealing Broadway. Nearby occupiers include Subway, Halifax, Iceland, O2 and Boots Chemist.
Tenure
Freehold.
Description
The property comprises a ground floor retail unit with basement storage accommodation. There is a residential flat on the upper floors although planning consent has been granted for four
residential flats (see Planning paragraph).
Planning
Planning consent has been granted for the construction of a part two and three storey rear extension and the creation of a fourth storey to create four self contained flats (1 x one bedroom and 3 x two bedroom). For further details please go to Ealing Council Planning Dept (www.ealing.gov.uk Ref: PP/2014/2228).
Six Week Completion
Note
This property is being marketed for sale on behalf of Joint Law of Property Act Receivers and therefore no warranties or guarantees in any respect, including VAT, can be given. The information in these particulars has been provided by the Joint Law of Property Act Receivers to the best of their knowledge but the purchaser must rely solely upon their own enquiries. The Joint Law of Property Act Receivers are not bound to accept the highest or any offer and are acting in respect of this sale without personal liability.
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 retail unit with basement storage accommodation. There is a residential flat on the upper floors although planning consent has been granted for four
residential flats (see Planning paragraph).
Planning
Planning consent has been granted for the construction of a part two and three storey rear extension and the creation of a fourth storey to create four self contained flats (1 x one bedroom and 3 x two bedroom). For further details please go to Ealing Council Planning Dept (www.ealing.gov.uk Ref: PP/2014/2228).
Six Week Completion
Note
This property is being marketed for sale on behalf of Joint Law of Property Act Receivers and therefore no warranties or guarantees in any respect, including VAT, can be given. The information in these particulars has been provided by the Joint Law of Property Act Receivers to the best of their knowledge but the purchaser must rely solely upon their own enquiries. The Joint Law of Property Act Receivers are not bound to accept the highest or any offer and are acting in respect of this sale without personal liability.
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
Review (Reversion)
Ground
Retail
88.16 sq m
(949 sq ft)
CANCER RESEARCH UK (1)
10 years from 15/04/2014 on a full repairing and insuring lease
£23,000
15/04/2019 (14/04/2024)
Basement
Storage
72.37 sq m
(779 sq ft)
First and Second
Residential (2)
-
-
INDIVIDUALS
AST for 1 year from 01/07/2015
£12,600
(31/10/2010) (3)
Total Commercial Floor Area
160.53 sq m
(1,728 sq ft)
£35,600
(1) Cancer Research UK is the UK’s leading cancer charity. They fund world-class research into all aspects of cancer, providing information and influencing public policy. Cancer Research UK run over 550 shops across the UK. (Source: www.cancerresearchuk.org 27/08/2014) (2)The upper floors benefit from planning consent for conversion to residential accommodation. Please see planning paragraph for further details. (3)The tenants are holding over.
Contacts
Seller's Solicitors
Wedlake Bell Solicitors 52 Bedford Row London WC1R 4LR
