Nearby occupiers include Pizza Hut, Takeaway, Betfred and Aldi
600 metres from West Drayton Rail and future Crossrail stations
Six Week Completion Period Available
Lot 29
Auction 24th May 2012
Rent £18,875 per Annum Exclusive
Status Sold
Price £260,000
Sector High Street Retail
Auction Venue Millennium Hotel 39-44 Grosvenor Square London W1K 2HP
On Behalf of Joint LPA Receivers, Wedlake Bell
Property Information
Location
Miles
2.5 miles south of Uxbridge, 4 miles north of Heathrow, 16 miles west of Central London
Roads
A408, M25 (Junction 15), M4 (Junction 4)
Rail
West Drayton Rail (25 mins to London Paddington)
Air
London Heathrow
Situation
The property is situated in a prominent High Street position just 600 metres from West Drayton Railway Station and the future Crossrail station. Nearby occupiers include Pizza Hut Takeaway, Betfred and Aldi.
Tenure
Freehold.
Location
Miles
2.5 miles south of Uxbridge, 4 miles north of Heathrow, 16 miles west of Central London
Roads
A408, M25 (Junction 15), M4 (Junction 4)
Rail
West Drayton Rail (25 mins to London Paddington)
Air
London Heathrow
Situation
The property is situated in a prominent High Street position just 600 metres from West Drayton Railway Station and the future Crossrail station. Nearby occupiers include Pizza Hut Takeaway, Betfred and Aldi.
Tenure
Freehold.
Description
The property comprises a ground floor retail unit trading as an amusement arcade, with a three bedroom maisonette on first and second floors accessed from the rear.
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 VAT, can be given. The LPA 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 retail unit trading as an amusement arcade, with a three bedroom maisonette on first and second floors accessed from the rear.
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 VAT, can be given. The LPA 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
56.58 sq m
(609 sq ft)
INDIVIDUAL(t/a ReelsAmusements)
15 years from 19/04/2004 until 18/04/2019 on a full repairing and insuring lease
£18,875
19/04/2014
First and Second
Residential
Not Measured (1)
Totals
56.58 sq m
(609 sq ft)
£18,875 (2)
(1) The tenant has sublet the residential accommodation on a 12 month Assured Shorthold Tenancy to an individual at £900 per calendar month (£10,800 p.a.x.)