326 Coldharbour Lane Brixton London SW9 8QH

326 Coldharbour Lane
Brixton
London
SW9 8QH

Freehold Betting Shop and Residential Investment in South London Location

Shop let to William Hill Organization Ltd on a 15 year lease until 2023
Located in busy South London suburb
Opposite Moorlands Residential Estate
300 metres from Brixton Village
Six Week Completion Available

Lot
33
Auction
6th December 2012
Rent
£19,050 per Annum Exclusive
Status
Sold
Price
£300,000
Auction Venue
Millennium Hotel
39-44 Grosvenor Square
London W1K 2HP
On the instructions of Joint Fixed CHarge Receivers, BNP Paribas Real Estate

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Freehold Betting Shop and Residential Investment in South London Location

Shop let to William Hill Organization Ltd on a 15 year lease until 2023
Located in busy South London suburb
Opposite Moorlands Residential Estate
300 metres from Brixton Village
Six Week Completion Available

Lot 33
Auction 6th December 2012
Rent £19,050 per Annum Exclusive
Status Sold
Price £300,000
Sector
Leisure
Auction Venue
Millennium Hotel
39-44 Grosvenor Square
London W1K 2HP
On the instructions of Joint Fixed CHarge Receivers, BNP Paribas Real Estate

Property Information

Location

Miles: 0.25 miles from Brixton Underground Station, 3.5 miles south of City of London
Roads: A3, A202
Rail: Brixton Underground (Victoria Line) and Rail Station
Air: London Airports: City (8 miles), Heathrow (15 miles), Gatwick (21 miles)

Situation

The property is situated in a prominent location on the north side of Coldharbour Lane (A2217) close to its junction with Gresham Road, opposite the Moorlands residential complex. Coldharbour Lane (A2217) connects to both the M25 and M23 motorways via the A23. The popular Brixton Village is located approximately 300 metres from the property.

Tenure

Freehold.

Location

Miles: 0.25 miles from Brixton Underground Station, 3.5 miles south of City of London
Roads: A3, A202
Rail: Brixton Underground (Victoria Line) and Rail Station
Air: London Airports: City (8 miles), Heathrow (15 miles), Gatwick (21 miles)

Situation

Tenure

Freehold.

Description

The property comprises a ground floor betting shop with residential accommodation over first, second and third floors.

Note
This property is being marketed for sale on behalf of Joint Fixed Charge Receivers excluding any title guarantees, warranties or indemnities. The information in these particulars, including VAT, has been provided by the Joint Fixed Charge Receivers to the best of their knowledge but the purchaser must rely solely upon their own enquiries. The Joint Fixed Charge Receivers are not bound to accept the highest or any offer and are acting in respect of this sale 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

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	Review/(Reversion)
Ground	Betting Shop	65.80 sq m	(708.27 sq ft)	WILLIAM HILL ORGANIZATION LTD (1)	15 years from 07/07/2008 on a full repairing and insuring lease	£19,000	07/07/2013 and 07/07/2018 (06/07/2023)
First, Second & Third	Residential		Not Measured	INDIVIDUAL	99 years from 29/09/1984	£50	(28/09/2083)
Totals		65.80 sq m	(708.27 sq ft)			£19,050

(1) William Hill is the UK’s leading bookmaker and one of the most recognised and trusted brands in the gambling industry, providing gaming and betting services across multiple channels: online, on the high street, on the phone and on the move. They have been listed on the London Stock Exchange (WMH.L) since 2002 and employ over 15,000 people (Source: www.williamhillplc.com 29/10/2012)