Hanovia House, 28/29 Eastman Road London W3 7YG

  • Hanovia House, 28/29 Eastman Road<br>London<br>W3 7YG

Hanovia House, 28/29 Eastman Road
London
W3 7YG

Freehold Office/Workshop Investment

  • Producing substantial rental income with potential to increase
  • Popular West London suburb
  • Situated on a busy business estate
  • Approximately 10,380 sq ft
  • Nearby occupiers include Pirtek, Namco, Access Self Storage and Safestore Self Storage
  • Lot
    21
  • Auction
    26th May 2011
  • Rent
    £112,920 per Annum
  • Status
    Sold
  • Price
    £940,000
  • Auction Venue
    Millennium Hotel
    39-44 Grosvenor Square
    London W1K 2HP
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Freehold Office/Workshop Investment

  • Producing substantial rental income with potential to increase
  • Popular West London suburb
  • Situated on a busy business estate
  • Approximately 10,380 sq ft
  • Nearby occupiers include Pirtek, Namco, Access Self Storage and Safestore Self Storage
  • Lot 21
  • Auction 26th May 2011
  • Rent £112,920 per Annum
  • Status Sold
  • Price £940,000
  • Sector
    Office
  • Auction Venue
    Millennium Hotel
    39-44 Grosvenor Square
    London W1K 2HP

Property Information

Location
Miles
8 miles west of Central London
Roads
M4, A40, A4, A406 (North Circular Road)
Rail
Acton Central Overground, Acton Town Underground Station (District and Piccadilly lines), South Acton (Overground)
Air
Heathrow Airport
Situation

Acton is a popular West London suburb situated between Chiswick and Ealing, with the A406 (North Circular Road) some 1.5 miles to the west. The property is situated on the east side of Eastman Road, just south of The Vale (A4020) in a popular business area adjoining to the important Acton Park Industrial Estate. The Vale (A4020) is a major arterial route through West London. Nearby occupiers include Pirtek, Namco, Access Self Storage and Safestore Self Storage.

Tenure

Freehold.

Location
Miles
8 miles west of Central London
Roads
M4, A40, A4, A406 (North Circular Road)
Rail
Acton Central Overground, Acton Town Underground Station (District and Piccadilly lines), South Acton (Overground)
Air
Heathrow Airport
Situation

Acton is a popular West London suburb situated between Chiswick and Ealing, with the A406 (North Circular Road) some 1.5 miles to the west. The property is situated on the east side of Eastman Road, just south of The Vale (A4020) in a popular business area adjoining to the important Acton Park Industrial Estate. The Vale (A4020) is a major arterial route through West London. Nearby occupiers include Pirtek, Namco, Access Self Storage and Safestore Self Storage.

Tenure

Freehold.

Description

The property, a three storey traditional building, comprises 35 serviced offices and workshop/warehouse units. The property also benefits from parking for approximately 10 cars.

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, a three storey traditional building, comprises 35 serviced offices and workshop/warehouse units. The property also benefits from parking for approximately 10 cars.

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 Reviews
Ground
First
Second
35 Serviced Offices
and Workshops

405.89 sq m
405.89 sq m
288.56 sq m

(4,369 sq ft)
(4,369 sq ft)
(3,106 sq ft)

NUMEROUS 30 let on individual annual licences (1) £112,920 (2)
Totals

1,000.34 sq m

(11,844 sq ft)
£112,920
with 6 Suites To Be Let

(1) The rent shown above includes £100 per month inclusive for a licence for a container located in the car park.
(2) The above rent is per annum inclusive and the seller has indicated the current average management/service charge is £4981.25 per calendar month equating to £59,775 per annum.

Contacts

Acuitus
John MehtabJohn Mehtab +44 (0)20 7034 4855 +44 (0)7899 060 519john.mehtab@acuitus.co.uk
Associate Auctioneers
Stiles Harold Williams 69 Park Lane
Croydon
CR0 1BY
Jon Dickman 0208 662 2708jdickman@shw.co.uk
Seller's Solicitors
Maffey and Brentnall
Steven Drake +44 (0)19 2323 4607s.drake@maffeyandbrentnall.co.uk

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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