Includes studio flat let on an AST, rear access and parking
150 metres from Wembley Central Station and less than a mile from Wembley Stadium
Residential development potential (subject to consents)
Neighbouring occupiers include Coral, Lloyds Bank, HSBC and an eclectic mix of local retailers
Lot 7
Auction 21st May 2020
Rent £14,400 per Annum Exclusive
Status Sold Prior
Price
Sector High Street Retail
Auction Venue Live Streamed Auction
Property Information
Location
Miles
8 miles north-west of Central London
Roads
North Circular (A406), A40
Rail
Wembley Central (Bakerloo Line), Wembley Park (Jubilee Line), Preston Road (Metropolitan Line)
Air
London Heathrow
Situation
The property is prominently situated in the popular and affluent North West London Borough of Wembley, on the west side of the busy Ealing Road (A4089), approximately 150 metres from Wembley Central Station and less than a mile from Wembely Stadium. Neighbouring occupiers include Coral, Lloyds Bank, HSBC and an eclectic mix of local retailers.
Tenure
Freehold.
Location
Miles
8 miles north-west of Central London
Roads
North Circular (A406), A40
Rail
Wembley Central (Bakerloo Line), Wembley Park (Jubilee Line), Preston Road (Metropolitan Line)
Air
London Heathrow
Situation
The property is prominently situated in the popular and affluent North West London Borough of Wembley, on the west side of the busy Ealing Road (A4089), approximately 150 metres from Wembley Central Station and less than a mile from Wembely Stadium. Neighbouring occupiers include Coral, Lloyds Bank, HSBC and an eclectic mix of local retailers.
Tenure
Freehold.
Description
The property comprises ground floor retail accommodation, basement storage accommodation and a studio flat on the first floor. The property benefits from rear access and parking at the rear. The property may be suitable for residential development (subject to consents).
VAT
VAT is not applicable to this lot.
Completion Period
Six Week Completion
EPC
Available from the legal pack at acuitus.co.uk.
Description
The property comprises ground floor retail accommodation, basement storage accommodation and a studio flat on the first floor. The property benefits from rear access and parking at the rear. The property may be suitable for residential development (subject to consents).
VAT
VAT is not applicable to this lot.
Completion Period
Six Week Completion
EPC
Available from the legal pack at acuitus.co.uk.
Tenancy & Accommodation
Floor
Use
Floor Areas (Approx)
Tenant
Term
Rent p.a.x
Ground
Retail
51.73 sq m
(557 sq ft)
VACANT POSSESSION
First
Studio Flat
25.80 sq m
(277 sq ft)
INDIVIDUAL
1 year AST from 01/10/2019
£9,600
Basement
Storage
60.34 sq m
(650 sq ft)
INDIVIDUAL
5 years from 01/07/2017 until 30/06/2022
£4,800 (1)
Totals
137.87 sq m
(1,484 sq ft)
£14,400
(1) The rent is inclusive of insurance.
If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.
