2 Ilex House Holly Road Twickenham London TW1 4HF

  • 2 Ilex House<br>Holly Road<br>Twickenham<br>London<br>TW1 4HF

2 Ilex House
Holly Road
Twickenham
London
TW1 4HF

Freehold London Office/Medical Investment with Immediate Asset Management Opportunities

  • Let to South London & Maudsley NHS Foundation Trust (t/a Richmond Community Drug and Alcohol Service)
  • Lease expires December 2024 (2)
  • Potential to renew lease for a term of 5 years at same rent (subject to tenant options) (2)
  • Approximately 2,056 sq ft plus car parking spaces to the rear
  • Prominent town centre location - 500 metres from Twickenham Railway Station
  • Nearby retailers include Waitrose, Tesco, Iceland, Gail's, Starbucks, Costa, Nando's and Boots the Chemist
  • Lot
    10
  • Auction
    7th November 2024
  • Rent
    £46,500 per Annum Exclusive
  • Status
    Available
  • Guide*
    £500,000
  • Sector
    Office
  • Auction Venue
    Live Streamed Auction
Important Update
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Freehold London Office/Medical Investment with Immediate Asset Management Opportunities

  • Let to South London & Maudsley NHS Foundation Trust (t/a Richmond Community Drug and Alcohol Service)
  • Lease expires December 2024 (2)
  • Potential to renew lease for a term of 5 years at same rent (subject to tenant options) (2)
  • Approximately 2,056 sq ft plus car parking spaces to the rear
  • Prominent town centre location - 500 metres from Twickenham Railway Station
  • Nearby retailers include Waitrose, Tesco, Iceland, Gail's, Starbucks, Costa, Nando's and Boots the Chemist
  • Lot 10
  • Auction 7th November 2024
  • Rent £46,500 per Annum Exclusive
  • Status Available
  • Guide* £500,000
  • Sector
    Office
  • Auction Venue
    Live Streamed Auction

Property Information

Location
Miles
2 miles south-west of Richmond, 11 miles south-west of Central London
Roads
A4, A305, A310, M3 (Junction 1), M4 (Junction 2)
Rail
Twickenham Railway Station
Air
London Heathrow Airport
Situation

The property is prominently situated in an established commercial and residential location, in the heart of Twickenham town centre, a short walk from Twickenham Railway Station. Nearby retailers include Waitrose, Tesco, Iceland, Gail's, Starbucks, Costa, Nando's and Boots the Chemist.

Tenure

Freehold.

Location
Miles
2 miles south-west of Richmond, 11 miles south-west of Central London
Roads
A4, A305, A310, M3 (Junction 1), M4 (Junction 2)
Rail
Twickenham Railway Station
Air
London Heathrow Airport
Situation

The property is prominently situated in an established commercial and residential location, in the heart of Twickenham town centre, a short walk from Twickenham Railway Station. Nearby retailers include Waitrose, Tesco, Iceland, Gail's, Starbucks, Costa, Nando's and Boots the Chemist.

Tenure

Freehold.

Description

The property comprises an office building arranged over the ground, first and second floors. The property benefits from car parking spaces to the rear.

VAT

VAT is applicable to this lot.

Completion Period

Six Week Completion

EPC

Band D

Description

The property comprises an office building arranged over the ground, first and second floors. The property benefits from car parking spaces to the rear.

VAT

VAT is applicable to this lot.

Completion Period

Six Week Completion

EPC

Band D

Tenancy & Accommodation

Floor Use Floor Areas
Approx sq m
Floor Areas
(Approx sq ft)
Tenant Term Rent p.a.x.
Ground
First
Second
plus 2 Car Parking Spaces
Offices
Offices
Offices
72.08
65.61
53.43
(775)
(706)
(575)
SOUTH LONDON AND MAUDSLEY NHS FOUNDATION TRUST (1)
(t/a Richmond Community Drug and Alcohol Service)
Lease expiring on 20/12/2024 with 5-year lease extension agreed until 20/12/2029
(2)
£46,500
Total  
191.12
(2,056)
   
£46,500

(1) South London & Maudsley NHS Foundation Trust provide the widest range of NHS mental health services in the UK, serving a local population of over 1.3 million in South London, as well as specialist services for children and adults across the UK and beyond (www.slam.nhs.uk)
(2) The current lease expires on 20/12/2024. A lease extension has been agreed, subject to contract, with the tenant for a term for 5 years from 21/12/2024 until 20/12/2029 (subject to tenant options to determine) at the same passing rent of £46,500 pa. The new lease will not be completed prior to auction and it will be for a buyer to continue negotiations.

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.

Property Documents

  • Solicitors Legal Pack
    Updated Date
    29.10.24
    File Size
    27 MB
    Login to View
  • Brochure
    Updated Date
    29.10.24
    File Size
    4 MB
    View PDF
  • Common Auction conditions
    Updated Date
    20.05.24
    File Size
    620 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Acuitus
David MargolisDavid Margolis +44 (0)20 7034 4862 +44 (0)7930 484 440david.margolis@acuitus.co.uk
Henry JohnHenry John +44 (0)20 7034 4860 +44 (0)7876 884 320henry.john@acuitus.co.uk
Seller's Solicitors
Spencer West LLP Longbow House 20 Chiswell Street
London
EC1Y 4TW
Jaymini Ghelani (0)20 7925 8080Jaymini.Ghelani@spencer-west.com

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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