Future potential residential development (subject to consents)
Approximately 255.25 sq m (2,767 sq ft)
Nearby occupiers include Best One Convenience Store, JSL Meats Butchers and various other local retailers
Close to the M3 (Junction 1) and M25 (Junction 12) motorways
Lot 9
Auction 7th July 2011
Rent £55,000 per Annum Exclusive
Status Sold
Price £450,000
Sector Leisure
Auction Venue Millennium Hotel 39-44 Grosvenor Square London W1K 2HP
On Behalf of Jonathan Cookson as LPA Receiver, Colliers International
Property Information
Location
Miles
6 miles north-west of Esher, 11 miles south-east of Windsor, 18 miles south-west of Central London
Roads
B376, M3 (Junctions 1 and 2), M25 (Junction 12)
Rail
Shepperton Railway Station
Air
London Heathrow
Situation
The property is situated in a predominantly residential area on the western side of Sheep Walk approximately 100 metres south of Laleham Road (B376.) The area benefits from various attractions including Thorpe Park, Sunbury Golf Centre, Shepperton Studios and Queen Elizabeth Reservoir. Other nearby occupiers include Best One Convenience Store, JSL Meats Butchers, Famous Jacks Fish & Chip Shop and various other local retailers.
Tenure
Freehold.
Location
Miles
6 miles north-west of Esher, 11 miles south-east of Windsor, 18 miles south-west of Central London
Roads
B376, M3 (Junctions 1 and 2), M25 (Junction 12)
Rail
Shepperton Railway Station
Air
London Heathrow
Situation
The property is situated in a predominantly residential area on the western side of Sheep Walk approximately 100 metres south of Laleham Road (B376.) The area benefits from various attractions including Thorpe Park, Sunbury Golf Centre, Shepperton Studios and Queen Elizabeth Reservoir. Other nearby occupiers include Best One Convenience Store, JSL Meats Butchers, Famous Jacks Fish & Chip Shop and various other local retailers.
Tenure
Freehold.
Description
The property, a former church hall, comprises a self-contained children's nursery on ground and first floor.
Viewings
There will be block viewings for this property.
Interested parties must register their details with the Auctioneers and provide
copies of identification in advance and originals on site.
Please contact Gwen Thomas. Telephone: +44 (0)20 7034 4857.
Note: This property is being marketed on behalf of a Law of Property Act Receiver and therefore no warranties or guarantees in any respect, including VAT, can be given. The LPA Receiver is not bound to accept the highest or any offer and are acting without personal liability.
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 former church hall, comprises a self-contained children's nursery on ground and first floor.
Viewings
There will be block viewings for this property.
Interested parties must register their details with the Auctioneers and provide
copies of identification in advance and originals on site.
Please contact Gwen Thomas. Telephone: +44 (0)20 7034 4857.
Note: This property is being marketed on behalf of a Law of Property Act Receiver and therefore no warranties or guarantees in any respect, including VAT, can be given. The LPA Receiver is not bound to accept the highest or any offer and are acting without personal liability.
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
Children’s Nursery Children’s Nursery
126.38 sq m 128.87 sq m
(1,380 sq ft) (1,387 sq ft)
FIRST LEARNING LIMITED (1)
20 years from and including 01/06/2003 up to and including 01/06/2022 (as stated in the lease) on a full repairing and insuring lease
£55,000
(2)
Totals
255.25 sq m (3)
(2,767 sq ft) (3)
£55,000
(1) First Learning Ltd operates from their nursery in Shepperton which opened in 2004, with an additional nursery in Richmond. They were the first nursery in the UK to be certified as fully organic and continue to build on this achievement with impressive Ofsted reports and local and national awards for being environmentally friendly and for nursery nutrition. (Source: www.firstlearning.co.uk 31/05/2011) (2) The rent review dates will be the date of any valuation carried out by any RICS registered valuer appointed by the Freeholder's funding bank. For further information, please refer to the legal documentation. (3) Please note that these areas have been measured on a gross internal basis.
