328-330 Uxbridge Road Hatch End Greater London HA5 4HR

  • 328-330 Uxbridge Road<br>Hatch End<br>Greater London<br>HA5 4HR

328-330 Uxbridge Road
Hatch End
Greater London
HA5 4HR

Freehold Restaurant and Residential Investment

  • Affluent North London suburb
  • Restaurant with self-contained four bedroom flat above
  • VAT-free investment
  • Lot
    7
  • Auction
    28th March 2018
  • Rent
    £54,900 per Annum Exclusive
  • Status
    Sold
  • Price
    £1,005,000
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
  • On behalf of Mapeley
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Freehold Restaurant and Residential Investment

  • Affluent North London suburb
  • Restaurant with self-contained four bedroom flat above
  • VAT-free investment
  • Lot 7
  • Auction 28th March 2018
  • Rent £54,900 per Annum Exclusive
  • Status Sold
  • Price £1,005,000
  • Sector
    Restaurant
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
  • On behalf of Mapeley

Property Information

Location
Miles
14 miles north-west of Central London, 4 miles south of Watford, 3 miles north of Harrow
Roads
A410 (Uxbridge Road), A404, M1, M25
Rail
Hatch End Railway Station
Air
London Heathrow and London Gatwick Airports
Situation

Hatch End is an affluent London communter town located 14 miles north-west of Central London. The property is located in a central trading position on the north side of Uxbridge Road, close to its junction with Cornwall Road, 400 metres west of Hatch End railway station. Occupiers close by include Costa, Coral, NatWest and Tesco.

Tenure

Freehold.

Location
Miles
14 miles north-west of Central London, 4 miles south of Watford, 3 miles north of Harrow
Roads
A410 (Uxbridge Road), A404, M1, M25
Rail
Hatch End Railway Station
Air
London Heathrow and London Gatwick Airports
Situation

Hatch End is an affluent London communter town located 14 miles north-west of Central London. The property is located in a central trading position on the north side of Uxbridge Road, close to its junction with Cornwall Road, 400 metres west of Hatch End railway station. Occupiers close by include Costa, Coral, NatWest and Tesco.

Tenure

Freehold.

Description

The property comprises a ground floor restaurant with selfcontained residential accommodation on the first and second floors.

VAT

VAT is not applicable to this lot.

Completion Period

Six Week Completion

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property comprises a ground floor restaurant with selfcontained residential accommodation on the first and second floors.

VAT

VAT is not applicable to this lot.

Completion Period

Six Week Completion

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 Restaurant
155.88 sq m
(1,678 sq ft)
INSPIRED
INDIAN LTD
t/a Sakonis (1)
15 years from
04/04/2017 (2)
£37,500 (3) 2022 & 2027
(2)
First &
Second
Residential
6 Rooms, Kitchen
and Bathroom
166.29 sq m


(1,790 sq ft)
INDIVIDUALS AST for 1 year from
01/11/2015
£17,400
(annualised)
Holding Over
Total
322.17 sq m
(3,468 sq ft)
       

(1) Sakonis trade from two shops (Source: www.sakonis.co.uk).
(2) Tenant’s option to break in 2022 and 2028 upon 6 months’ prior notice.
(3) Rent deposit of £22,500 held.

Contacts

Seller's Solicitors
Irwin Mitchell LLP Bauhaus, Rossetti Place, 27 Quay Street
Manchester
M3 4AW
Paul Barnard 0161 838 3142paul.barnard@irwinmitchell.com  Briana Scally 0161 838 3166briana.scally@irwinmitchell.com

Useful Links

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

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