1219 - 1225 Greenford Road Greenford London UB6 0HZ

1219 - 1225 Greenford Road
Greenford
London
UB6 0HZ

Freehold Bank and Residential Investment

  • Retail let to Barclays Bank Plc
  • Includes 5 self-contained flats on the upper floors
  • September 2016 Bank Rent Review notice served at £72,500 p.a.x.
  • Popular North West London suburb
  • Nearby occupiers include Iceland Foods and David Lloyd Leisure
  • Car parking for approximately 8 cars
  • For the Seller's Legal Pack, please click the Property Documents tab below
  • Lot
    24
  • Auction
    7th July 2016
  • Rent
    £124,500 per Annum Exclusive
  • Status
    Withdrawn Prior
  • Price
     
  • Sector
    Bank
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Squafre
    London W1H 7BG
Important Update
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* More information on the term "guide" can be found here

Freehold Bank and Residential Investment

  • Retail let to Barclays Bank Plc
  • Includes 5 self-contained flats on the upper floors
  • September 2016 Bank Rent Review notice served at £72,500 p.a.x.
  • Popular North West London suburb
  • Nearby occupiers include Iceland Foods and David Lloyd Leisure
  • Car parking for approximately 8 cars
  • For the Seller's Legal Pack, please click the Property Documents tab below
  • Lot 24
  • Auction 7th July 2016
  • Rent
  • Status Withdrawn Prior
  • Price  
  • Sector
    Bank
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Squafre
    London W1H 7BG

Property Information

Location
Miles
8 miles from London’s West End, 2 miles west of Wembley Stadium, 8 miles south-west of Watford
Roads
A40, A404, A406, A409
Rail
Greenford Railway Station, Sudbury Hill Underground (Piccadilly Line)
Air
London Heathrow Airport, London City Airport, London Luton Airport
Situation

The property is situated on the west side of the busy Greenford Road (A4127) within a popular North West London residential suburb, some 160 metres south of Sudbury Hill Underground Station. Greenford benefits from excellent transport links being located on the A40, the main arterial route through North West London which connects to the M40 Motorway. Nearby occupiers include Iceland Foods and David Lloyd Leisure.

Tenure

Freehold.

Location
Miles
8 miles from London’s West End, 2 miles west of Wembley Stadium, 8 miles south-west of Watford
Roads
A40, A404, A406, A409
Rail
Greenford Railway Station, Sudbury Hill Underground (Piccadilly Line)
Air
London Heathrow Airport, London City Airport, London Luton Airport
Situation

The property is situated on the west side of the busy Greenford Road (A4127) within a popular North West London residential suburb, some 160 metres south of Sudbury Hill Underground Station. Greenford benefits from excellent transport links being located on the A40, the main arterial route through North West London which connects to the M40 Motorway. Nearby occupiers include Iceland Foods and David Lloyd Leisure.

Tenure

Freehold.

Description

The property comprises a ground floor banking hall and 2 x three bedroom and 3 x two bedroom self-contained flats on the first and second floors accessed from the rear of the property. The property benefits from a significant quadruple frontage and car parking for approximately 8 cars.

VAT

VAT is not applicable to this lot.

Completion Period

Six Week Completion

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property comprises a ground floor banking hall and 2 x three bedroom and 3 x two bedroom self-contained flats on the first and second floors accessed from the rear of the property. The property benefits from a significant quadruple frontage and car parking for approximately 8 cars.

VAT

VAT is not applicable to this lot.

Completion Period

Six Week Completion

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/(Reversion)
Ground Banking Hall/Office
284.90 sq m
(3,067 sq ft)
BARCLAYS BANK
PLC (1)
10 years from 29/09/2011 £52,500 29/09/2016 (2)
(28/09/2021)
First and Second 2 x three bedroom and 3 x two bedroom residential flats INDIVIDUALS Assured Shorthold Tenancies £72,000 (3)  
Total Commercial
Area
 
284.90 sq m
(3,067 sq ft)
    £124,500

(1) For the year ending 31st December 2015, Barclays Bank PLC reported pre tax profits of £2,841,000,000, and a total net worth of £43,108,000,000. (Source: www.riskdisk.com 01/06/2016)
(2) The seller has served a notice in respect of the September 2016 Rent Review proposing a new rent of £72,500 per annum exclusive.
(3) The rents shown for the residential flats have been annualised. A schedule of tenancies is available upon request.

Property Documents

  • Site Plan
    Updated Date
    13.11.19
    File Size
    71 KB
    View PDF
  • Catalogue Page
    Updated Date
    13.11.19
    File Size
    2 MB
    View PDF
  • Common Auction conditions
    Updated Date
    10.06.21
    File Size
    168 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Acuitus
John MehtabJohn Mehtab +44 (0)20 7034 4855 +44 (0)7899 060 519john.mehtab@acuitus.co.uk
Seller's Solicitors
Mills Chody 226-228 Kenton Road, Kenton
Harrow
Middlesex
HA3 8BZ
David Ford 020 8909 0402dford@millschody.com

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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