Freehold Commercial, Residential & Development Opportunity
150 yards from Rayners Lane Underground station (Piccadilly and Metropolitan Line)
Includes vacant shop on ground, lower ground and basement floors
Large separately-accessed 3-bed maisonette above, let on AST, accessed from front
Maisonette approximately 1,006 sq. ft.
Includes parking for about 5 cars to the rear
Development/Change of Use Opportunities (subject to consents)
Nearby occupiers include Tesco Express, Sainsbury's, Iceland Supermarket, Costa Coffee and numerous independent retailers and restaurants
VAT not applicable
Lot 2
Auction 7th November 2024
Rent £9,600 per Annum Exclusive (Maisonette) plus vacant shop
Status Available
Guide* £600,000 - £625,000
Sector High Street Retail/Residential/Development
Auction Venue Live Streamed Auction
On the Instructions of Dignity Funeral Directors
Property Information
Location
Miles
16 miles north-west of Central London
Roads
A40, A404, A406, M25
Rail
Rayners Lane (Piccadilly and Metropolitan Line)
Air
London Heathrow Airport, London Luton Airport
Situation
The property is prominently situated in an established retail parade, on the west side of Rayners Lane, 150 yards from Rayners Lane Underground station (Piccadilly and Metropolitan Line). Nearby occupiers include Tesco Express, Sainsbury's, Iceland Supermarket, Costa Coffee and numerous independent retailers and restaurants.
Tenure
Freehold.
Location
Miles
16 miles north-west of Central London
Roads
A40, A404, A406, M25
Rail
Rayners Lane (Piccadilly and Metropolitan Line)
Air
London Heathrow Airport, London Luton Airport
Situation
The property is prominently situated in an established retail parade, on the west side of Rayners Lane, 150 yards from Rayners Lane Underground station (Piccadilly and Metropolitan Line). Nearby occupiers include Tesco Express, Sainsbury's, Iceland Supermarket, Costa Coffee and numerous independent retailers and restaurants.
Tenure
Freehold.
Description
The property comprises a shop arranged on the ground, lower ground and basement floors, with a separately-accessed 3-bed maisonette on the first and second floors, accessed from the front. The property benefits from parking for about 5 cars to the rear.
VAT
VAT is not applicable to this lot.
Viewings
There will be two accompanied viewings on Tuesday 29th October and Monday 4th November, both from 10am to 11am. If you would like to inspect, please confirm your attendance with your name and mobile number to henry.john@acuitus.co.uk
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises a shop arranged on the ground, lower ground and basement floors, with a separately-accessed 3-bed maisonette on the first and second floors, accessed from the front. The property benefits from parking for about 5 cars to the rear.
VAT
VAT is not applicable to this lot.
Viewings
There will be two accompanied viewings on Tuesday 29th October and Monday 4th November, both from 10am to 11am. If you would like to inspect, please confirm your attendance with your name and mobile number to henry.john@acuitus.co.uk
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Floor
Use
Floor Areas Approx sq m
Floor Areas (Approx sq ft)
Tenant
Term
Rent p.a.x.
Ground Lower Ground Basement
Retail/Ancillary Ancillary Ancillary
47.57 19.32 54.44
(512) (208) (586)
VACANT
-
-
First Second
Residential - 3-bed maisonette
48.63 44.87
(523) (483)
AN INDIVIDUAL
AST from 01/04/2024 at £800 pcm
£9,600
Total
214.83
(2,312)
£9,600
NB: Please note that there is a restriction on funeral use for this property - please see the legal pack for details.
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.
