Entirely let to J & C Taverns Limited on a 20 year lease until 2033 (subject to option)
Includes self-contained maisonette on the upper floors
Popular and affluent north-west London suburb
Nearby occupiers include Formula 1 Auto Centres and Costcutter
Legal Title Report <a href="/media/32026/legal title report v4.pdf" target="_blank" title="Legal Title Report V4">here</a>
Lot 41
Auction 11th December 2014
Rent £39,000 per Annum Exclusive
Status Sold Post
Price
Sector High Street Retail
Auction Venue The Millennium Hotel 44 Grosvenor Square London W1K 2HP
Property Information
Location
Miles
8 miles south-east of Watford
11 miles from Central London
Roads
A40, A404, A406, A409
Rail
Sudbury Hill Harrow Railway Station, South Kenton Underground Station and North Wembley Underground Station (Metropolitan Line)
Air
London Heathrow Airport, London City Airport, London Luton Airport
Situation
The property is situated on the west side of Watford Road (A404) near its junction with East Lane (A4088), providing an important arterial route through north-west London from Paddington to Harrow.
Tenure
Freehold.
Location
Miles
8 miles south-east of Watford
11 miles from Central London
Roads
A40, A404, A406, A409
Rail
Sudbury Hill Harrow Railway Station, South Kenton Underground Station and North Wembley Underground Station (Metropolitan Line)
Air
London Heathrow Airport, London City Airport, London Luton Airport
Situation
The property is situated on the west side of Watford Road (A404) near its junction with East Lane (A4088), providing an important arterial route through north-west London from Paddington to Harrow.
Tenure
Freehold.
Description
The property comprises ground floor retail accommodation currently used as a Bar and a self-contained maisonette on the upper floors. The maisonette is accessed separately from the front of the property. Nearby occupiers include Formula 1 Auto Centres, Costcutter and a range of other local occupiers.
Legal Title Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.
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 ground floor retail accommodation currently used as a Bar and a self-contained maisonette on the upper floors. The maisonette is accessed separately from the front of the property. Nearby occupiers include Formula 1 Auto Centres, Costcutter and a range of other local occupiers.
Legal Title Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.
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 First Second
Retail Residential Residential
125.00 sq m bedroom, lounge, kitchen, bathroom 2 bedrooms and shower room
(1,345 sq ft)
J & C TAVERNS LIMITED (t/a The Skelligs) (1) with personal guarantee
20 years from 14/11/2013 until 2033 on a full repairing and insuring lease (2)
£39,000
14/11/2018 14/11/2023 (13/11/2033)
Total Commercial Floor Area
125.00 sq m
(1,345 sq ft)
£39,000
(1) J & C Taverns Limited were incorporated on 23rd August 2013. (2) The lease provides for a tenant option to determine the lease on 14th November 2018, 2023 and 2028.