5 High Street Hampton Wick Kingston-upon-Thames London KT1 4DA

  • 5 High Street<br>Hampton Wick<br>Kingston-upon-Thames<br>London<br>KT1 4DA

5 High Street
Hampton Wick
Kingston-upon-Thames
London
KT1 4DA

Freehold Restaurant and Residential Ground Rent Investment

  • Restaurant trading as Eleana's Bistro until October 2031 (No breaks)
  • Includes three separately-accessed flats above, all let on long leases
  • Affluent South-West London suburb location
  • A short walk from Kingston's main shopping facilities including John Lewis, Côte, Bill's, Marks & Spencer, Waitrose, Nike and Zara
  • Close to Hampton Court Palace and The Bentall Centre
  • Lot
    1
  • Auction
    7th November 2024
  • Rent
    £33,800 per Annum Exclusive
  • Status
    Sold
  • Price
    £275,000
  • Auction Venue
    Live Streamed Auction
  • On Behalf of Trustees
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Freehold Restaurant and Residential Ground Rent Investment

  • Restaurant trading as Eleana's Bistro until October 2031 (No breaks)
  • Includes three separately-accessed flats above, all let on long leases
  • Affluent South-West London suburb location
  • A short walk from Kingston's main shopping facilities including John Lewis, Côte, Bill's, Marks & Spencer, Waitrose, Nike and Zara
  • Close to Hampton Court Palace and The Bentall Centre
  • Lot 1
  • Auction 7th November 2024
  • Rent £33,800 per Annum Exclusive
  • Status Sold
  • Price £275,000
  • Sector
    High Street Retail, Residential
  • Auction Venue
    Live Streamed Auction
  • On Behalf of Trustees

Property Information

Location
Miles
0.2 miles west of Kingston-upon-Thames, 4 miles south-east of Heathrow Airport, 13 miles south-west of Central London
Roads
A3, A308, A310, M3 (Junction 1)
Rail
Hampton Wick & Kingston Railway Station
Air
London Heathrow Airport
Situation

The property is situated in the heart of Hampton Wick, close to the historic Hampton Court Royal Palace, on the western side of High Street (A310), less than half a mile from Hampton Wick Railway Station. The property is situated a short walk from The Bentall Centre, with nearby occupiers including John Lewis, Côte, Bill's, Marks & Spencer, Waitrose, Nike and Zara.

Tenure

Freehold.

Location
Miles
0.2 miles west of Kingston-upon-Thames, 4 miles south-east of Heathrow Airport, 13 miles south-west of Central London
Roads
A3, A308, A310, M3 (Junction 1)
Rail
Hampton Wick & Kingston Railway Station
Air
London Heathrow Airport
Situation

The property is situated in the heart of Hampton Wick, close to the historic Hampton Court Royal Palace, on the western side of High Street (A310), less than half a mile from Hampton Wick Railway Station. The property is situated a short walk from The Bentall Centre, with nearby occupiers including John Lewis, Côte, Bill's, Marks & Spencer, Waitrose, Nike and Zara.

Tenure

Freehold.

Description

The property comprises a bistro arranged on the ground floor and basement, with three-separately-accessed flats on the first and second floors, let on long leases.

VAT

VAT is applicable to this lot.

Note

As to the residential flats, the tenants have been served notice pursuant to Section 5B of the Landlord and Tenant Act 1987. The tenants have not responded to the notices within the timeframe (or not at all). Therefore, the tenants are not able to exercise their rights of pre-emption on this sale.

Completion Period

Six Week Completion

EPC

Band D

Description

The property comprises a bistro arranged on the ground floor and basement, with three-separately-accessed flats on the first and second floors, let on long leases.

VAT

VAT is applicable to this lot.

Note

As to the residential flats, the tenants have been served notice pursuant to Section 5B of the Landlord and Tenant Act 1987. The tenants have not responded to the notices within the timeframe (or not at all). Therefore, the tenants are not able to exercise their rights of pre-emption on this sale.

Completion Period

Six Week Completion

EPC

Band D

Tenancy & Accommodation

Floor Use Floor Areas
Approx sq m (1)		 Floor Areas
Approx sq ft (1)		 Tenant Term Rent p.a.x. Rent Reviews
Ground
Basement		 Restaurant
Ancillary
72.92
67.63
(785)
(728)
 DAIRO LIMITED
(t/a Eleana's Bistro)		 10 years from 06/10/2021
£33,500
06/08/2027 and 06/08/2030
First/Second 3 Residential Flats
116.00
(1,248)
 THREE INDIVIDUALS Held on three leases each let for 125 years from 01/09/2002 at a rent of £100 p.a.
£300
-
Total  
256.55
(2,761)
    
£33,800
  

(1) Residential flat areas provided by the EPC register (www.gov.uk/find-energy-certificate).

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.

Contacts

Acuitus
David MargolisDavid Margolis +44 (0)20 7034 4862 +44 (0)7930 484 440david.margolis@acuitus.co.uk
Associate AuctioneersSteven Macdermott 07764476931srm@jaggardmacland.co.uk
Seller's Solicitors
IBB Law LLP 59b High Street
Ascot
Berks
SL5 7HP
Imran Dean 03456 381381imran.dean@ibblaw.co.uk

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk
AquillaNatasha Ward+44 (0)20 3159 4314+44 (0)7545 208 759natashaw@aquillaib.co.uk

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