Ground Floor let to Done Brothers (Cash Betting) Ltd, t/a Betfred, until 2022
Prominent position on the busy Uxbridge Road (A4020) some 500 metres from Lombardy Retail Park
Nearby occupiers include Abbey Bank, Coral Betting Shop, KFC and Nationwide
Six Week Completion Period Available
Lot 9
Auction 18th October 2011
Rent £42,500 per Annum Exclusive
Status Withdrawn Prior
Price
Sector High Street Retail
Auction Venue Millennium Hotel 44 Grosvenor Square London W1K 2HP
On the instructions of J Pitt and B Moon acting as Joint Fixed Charge Receivers, BNP Paribas Real Estate
Property Information
Location
Miles
15 miles west of Central London, 5 miles north of Heathrow, 7 miles east of Slough
Roads
A40, A312, M4 (Junction 3), M25 (Junction 15)
Rail
Hayes & Harlington Rail Station , (direct to London Paddington approximately 18 minutes)
Air
London Heathrow
Situation
The property is situated in a prominent position on the busy Uxbridge Road (A4020) some 500 metres from Lombardy Retail Park. Nearby occupiers include Abbey Bank, Coral Betting Shop, KFC and Nationwide.
Tenure
Virtual Freehold. Held for a term of 999 years from 29th September 1994 until 28th September 2993 at a peppercorn rent
Location
Miles
15 miles west of Central London, 5 miles north of Heathrow, 7 miles east of Slough
Roads
A40, A312, M4 (Junction 3), M25 (Junction 15)
Rail
Hayes & Harlington Rail Station , (direct to London Paddington approximately 18 minutes)
Air
London Heathrow
Situation
The property is situated in a prominent position on the busy Uxbridge Road (A4020) some 500 metres from Lombardy Retail Park. Nearby occupiers include Abbey Bank, Coral Betting Shop, KFC and Nationwide.
Tenure
Virtual Freehold. Held for a term of 999 years from 29th September 1994 until 28th September 2993 at a peppercorn rent
Description
The property comprises a ground floor betting shop and ancillary accommodation.
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 any in relation to VAT, can be given. The Law of Property Act Receivers are 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 comprises a ground floor betting shop and ancillary accommodation.
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 any in relation to VAT, can be given. The Law of Property Act Receivers are 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
Retail/Ancillary
111.94 sq m
(1,205 sq ft)
DONE BROTHERS (CASH BETTING) LTD (1)
15 years from 24/05/2007 until 23/05/2022 on a full repairing and insuring lease
£42,500
24/05/2012 and 24/05/2017
Totals
111.94 sq m
(1,205 sq ft)
£42,500
(1) For the year ending 28th March 2010, Done Brothers (Cash Betting) Limited reported a turnover of £3,502,057,000, pre-tax profits of £358,000 and a net worth of £35,768,000. (Source: www.riskdisk.com 19/09/2011)
Contacts
Seller's Solicitors
Berwin Leighton Paisner LLP Adelaide House, London Bridge London EC4R 9HA
