Entirely let to Baleday Ltd until 2025 with Fixed Rental Uplift in 2020
Two bedroom residential flat on uppers Located in a popular West London suburb
Nearby occupiers include Halifax, WH Smith, Edinburgh Woollen Mill and KFC
For the Seller's Legal Pack, please click the Property Documents tab below
For a Buyer's Legal Report please click <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>
Lot 9
Auction 11th February 2016
Rent
Status Sold Prior
Price
Sector High Street Retail
Auction Venue Radisson Blu Portman Hotel 22 Portman Square London W1H 7BG
On behalf of Joint LPA Receivers
Property Information
Location
Miles
15 miles north-west of Central London, 10 miles north-east of Slough, 16 miles south-east of High Wycombe
Roads
A4180, B466, A40
Rail
Ruislip
Air
Heathrow Airport
Situation
The property is situated in the West London suburb of Ruislip, on the High Street at its junction with Ickenham Road (B466). Nearby occupiers include Halifax, WH Smith, Edinburgh Woollen Mill and KFC.
Tenure
Freehold.
Location
Miles
15 miles north-west of Central London, 10 miles north-east of Slough, 16 miles south-east of High Wycombe
Roads
A4180, B466, A40
Rail
Ruislip
Air
Heathrow Airport
Situation
The property is situated in the West London suburb of Ruislip, on the High Street at its junction with Ickenham Road (B466). Nearby occupiers include Halifax, WH Smith, Edinburgh Woollen Mill and KFC.
Tenure
Freehold.
Description
The property comprises ground floor retail with a self-contained first floor two bedroom flat accessed to the rear.
Six Week Completion
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 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.
Buyer's Legal 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.
Viewings
There will be a block viewing for this property. Interested parties must register their details with the Auctioneers and provide identification on site. Please contact Georgina Roberts. Telephone: +44 (0)20 7034 4863.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises ground floor retail with a self-contained first floor two bedroom flat accessed to the rear.
Six Week Completion
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 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.
Buyer's Legal 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.
Viewings
There will be a block viewing for this property. Interested parties must register their details with the Auctioneers and provide identification on site. Please contact Georgina Roberts. Telephone: +44 (0)20 7034 4863.
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 First
Retail Residential
93.83 sq m 2 Bedroom Flat
(1,010 sq ft)
BALEDAY LTD (1)
13 years from 01/07/2012 until 30/11/2025 on a full repairing and insuring lease
£36,559.66
01/12/2020 (3)
Total Commercial Areas
93.83 sq m
(1,010 sq ft)
£36,559.66 rising to £41,769.03 p.a.
(1) Baleday Limited is a wholly owned subsidiary of Praesepe Holdings limited. Founded in 2007, The Praesepe Group has in excess of 170 leisure outlets across the UK with brands including Cashino Gaming, Beacon Bingo and The Crystal Rooms (Source: www.praesepeplc.com 07/01/2016) (2) The tenant is not currently in occupation of the retail unit and their lease is being marketed. (3) The 2020 rent review provides a fixed uplift to £41,769.03 p.a.