Freehold Shop and Residential Investment
Freehold Shop and Residential Investment
Hayes is 15 miles west of central London, 5 miles north of Heathrow Airport and 6 miles east of the North Circular Road. The property is situated on Uxbridge Road (A4020) forming part of local retail parade in a predominantly residential suburb of Greater London. The property is
located on Uxbridge Road, close to its junction with Warley Way. Occupiers close by include Tesco, KFC, Betfred, Paddy Power and Nationwide, amongst a number of local traders.
Freehold.
Hayes is 15 miles west of central London, 5 miles north of Heathrow Airport and 6 miles east of the North Circular Road. The property is situated on Uxbridge Road (A4020) forming part of local retail parade in a predominantly residential suburb of Greater London. The property is
located on Uxbridge Road, close to its junction with Warley Way. Occupiers close by include Tesco, KFC, Betfred, Paddy Power and Nationwide, amongst a number of local traders.
Freehold.
The property comprises a ground floor shop (No 692) together with a self-contained two bedroom maisonette (No 694) on the first and second floors.
VAT is not applicable to this lot.
Six Week Completion
The EPC will be available to view online in the solicitor’s legal pack.
The property comprises a ground floor shop (No 692) together with a self-contained two bedroom maisonette (No 694) on the first and second floors.
VAT is not applicable to this lot.
Six Week Completion
The EPC will be available to view online in the solicitor’s legal pack.
| Floor | Use | Floor Areas (Approx) | Tenant | Term | Rent p.a.x | Reversion | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| No 692 Ground |
Retail | 105 sq m |
(1,130 sq ft) |
ASIAN AFRICAN FOODS LIMITED (1) |
10 years from 09/06/2005 (2) |
£20,000 (3) | 08/06/2015 Holding Over |
||||||||
| No 694 First Second |
Residential | 3 rooms, kitchen & bathroom |
Individuals | AST for 1 year from 07/12/2015 |
£10,800 (annualised) |
Holding Over |
|||||||||
| Total Commercial Area | 105 sq m |
(1,130 sq ft) |
£30,800 | + 2 bedroom maisonette |
|||||||||||
(1) The tenant uses the shop (no 692) to house stock and trades from another shop close by.
(2) Lease renewal negotiations for a new 10 year lease have taken place but the matter remains outstanding.
(3) Rent Review 2015 has not been triggered.
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