Fulham is an affluent and fashionable South-West London suburb some 5.5 miles west of Central London. Earls Court is some 0.6 miles to the east with Putney approximately 2.5 miles to the south west. The property is prominently situated on the eastern side of the busy North End Road, a major route linking Kensington with Fulham Road. Nearby occupiers include Superdrug, William Hill, Paddy Power and Co-op Supermarket.
Tenure
Freehold.
Location
Miles
0.9 miles to Kings Road, 0.6 miles to Queens Club, 2.2 miles south-west of Hyde Park
Roads
A4, A304, A3218, M4
Rail
West Kensington (Overground & District), West Brompton
Fulham is an affluent and fashionable South-West London suburb some 5.5 miles west of Central London. Earls Court is some 0.6 miles to the east with Putney approximately 2.5 miles to the south west. The property is prominently situated on the eastern side of the busy North End Road, a major route linking Kensington with Fulham Road. Nearby occupiers include Superdrug, William Hill, Paddy Power and Co-op Supermarket.
Tenure
Freehold.
Description
The property comprises a ground floor and basement retail unit currently used as a betting shop. In addition there is a residential flat on first and second floors accessed from the rear offering four bedrooms, two WC’s, kitchen and living room.
NB
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 information in these particulars has been provided by the Joint Law of Property Act Receivers to the best of their knowledge but the purchaser must rely solely upon their own enquiries. The Joint Law of Property Act 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.
Viewings
There will be block viewings for this property. Interested parties must register their details with the Auctioneers and provide identification on site. Please contact Gwen Thomas. Tel: +44 (0)20 7034 4857.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises a ground floor and basement retail unit currently used as a betting shop. In addition there is a residential flat on first and second floors accessed from the rear offering four bedrooms, two WC’s, kitchen and living room.
NB
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 information in these particulars has been provided by the Joint Law of Property Act Receivers to the best of their knowledge but the purchaser must rely solely upon their own enquiries. The Joint Law of Property Act 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.
Viewings
There will be block viewings for this property. Interested parties must register their details with the Auctioneers and provide identification on site. Please contact Gwen Thomas. Tel: +44 (0)20 7034 4857.
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
Ground Basement
Betting Shop Ancillary/ Storage
68.20 sq m 73.50 sq m
(756 sq ft) (839 sq ft)
CORAL RACING LIMITED (1) on assignment
10 years from 01/12/2010 until 30/11/2020 on a full repairing and insuring lease
£30,000
01/12/2015 (2)
First/Second
Residential
132.26 sq m
(1,424 q ft)
VACANT POSSESSION
Totals
273.96 sq m (3)
(3,019 sq ft) (3)
£30,000 (rising to £34,275 p.a.x. in 2015)
(1) Coral Racing Limited is part of the Gala Coral Group and, together with the online presence, trade from over 1,700 outlets across the UK. Gala Coral is the third largest bookmaking business in the UK with a market share of approximately 20%. (Source: www.coral.co.uk 22/04/2013). (2) There is a fixed rental increase to £34,275 p.a.x. in 2015. (3) The commercial floor areas are stated within the lease. The residential floor areas are GIA.
Contacts
Seller's Solicitors
Wedlake Bell Solicitors 52 Bedford Row London WC1R 4LR
