Auction Venue Radisson Blu Portman Hotel 22 Portman Square London W1H 7BG
Property Information
Location
Miles
17 miles west of Central London
5 miles south of Uxbridge
5 miles south-east of Slough
Roads
M25 (Junction 14), M4 (Junction 4B), A4, A3044
Rail
West Drayton Railway Station, Heathrow Airport T5 underground Station (Piccadilly Line)
Air
London Heathrow Airport
Situation
Riverside Business Park is a well located and established office park about ½ mile west of Junction 14 of the M25, 2 miles west of London’s Heathrow Airport (Terminal 5) and 1 ½ miles south of the M4. Riverside Park is situated on Mathisen Way which itself is located off Poyle Road and close to Bath Road. Other nearby occupiers include Terminal 5 Hilton Hotel, Banctec and International Courier & Express Services.
Tenure
Freehold.
Location
Miles
17 miles west of Central London
5 miles south of Uxbridge
5 miles south-east of Slough
Roads
M25 (Junction 14), M4 (Junction 4B), A4, A3044
Rail
West Drayton Railway Station, Heathrow Airport T5 underground Station (Piccadilly Line)
Air
London Heathrow Airport
Situation
Riverside Business Park is a well located and established office park about ½ mile west of Junction 14 of the M25, 2 miles west of London’s Heathrow Airport (Terminal 5) and 1 ½ miles south of the M4. Riverside Park is situated on Mathisen Way which itself is located off Poyle Road and close to Bath Road. Other nearby occupiers include Terminal 5 Hilton Hotel, Banctec and International Courier & Express Services.
Tenure
Freehold.
Description
The property comprises a modern purpose built detached two storey office building with part of the ground floor used for storage and parking. The office accommodation benefits from air conditioning, raised floors, triple glazed windows and suspended ceilings. The property has on-site car parking for approximately 37 cars, providing a car parking ratio of 1:283.
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 applicable to this lot.
Viewings
There will be two block viewings for this property on Thursday 3rd February (am) and Monday 9th February (am). Interested parties must register their details with the Auctioneers and provide identification on site. Please contact Will Moore. Tel: 020 7034 4858. Email: will.moore@acuitus.co.uk
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises a modern purpose built detached two storey office building with part of the ground floor used for storage and parking. The office accommodation benefits from air conditioning, raised floors, triple glazed windows and suspended ceilings. The property has on-site car parking for approximately 37 cars, providing a car parking ratio of 1:283.
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 applicable to this lot.
Viewings
There will be two block viewings for this property on Thursday 3rd February (am) and Monday 9th February (am). Interested parties must register their details with the Auctioneers and provide identification on site. Please contact Will Moore. Tel: 020 7034 4858. Email: will.moore@acuitus.co.uk
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
Reversion
Ground First
Offices/Storage Offices
480.57 sq m 491.72 sq m
(5,173 sq ft) (5,293 sq ft)
RENTOKIL INITIAL SERVICES LIMITED (1)
25 years from 25/03/1990 on a full repairing and insuring lease
£205,000
24/03/2015
Totals
972.29 sq m
(10,466 sq ft)
£205,000
(1) For the year ending 31/12/2013, Rentokil Initial Services Limited reported a turnover of £51,084,000, a pre-tax profit of £3,699,000 and a total net worth of £22,270,000. (Source: www.riskdisk.com 14/01/2015)
