Yiewsley Library 192 High Street, Yiewsley West Drayton Middlesex UB7 7BE

Yiewsley Library
192 High Street, Yiewsley
West Drayton
Middlesex
UB7 7BE

Long Dated Library and Office Investment

  • Let to London Borough of Hillingdon until 2093 (no breaks)
  • Approximately 537.62 sq m (5,787 sq ft)
  • Greater London and future Crossrail location
  • Nearby occupiers include Aldi, Betfred, Subway and Costa
  • Rent is £30,054.02 gross and £29,804.02 net p.a.
  • Buyer's Legal Report available <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>
  • Lot
    42
  • Auction
    22nd October 2015
  • Rent
    £29,804 per Annum Exclusive
  • Status
    Sold
  • Price
    £675,000
  • Sector
    Ground Rent
  • Auction Venue
    Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
  • On behalf of Legal and General
  • Expand
  • Photos
  • Map

* More information on the term "guide" can be found here

Long Dated Library and Office Investment

  • Let to London Borough of Hillingdon until 2093 (no breaks)
  • Approximately 537.62 sq m (5,787 sq ft)
  • Greater London and future Crossrail location
  • Nearby occupiers include Aldi, Betfred, Subway and Costa
  • Rent is £30,054.02 gross and £29,804.02 net p.a.
  • Buyer's Legal Report available <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>
  • Lot 42
  • Auction 22nd October 2015
  • Rent
  • Status Sold
  • Price £675,000
  • Sector
    Ground Rent
  • Auction Venue
    Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
  • On behalf of Legal and General

Property Information

Location
Miles
16 miles west of Central London
Roads
M25 (Junction 15), M4 (Junction 4), M40
Rail
West Drayton Railway Station
Air
London Heathrow Airport (5 miles)
Situation

West Drayton is a popular commuter town within the London Borough of Hillingdon. The property is situated in a prominent corner position on the eastern side of the High Street at its junction with Falling Lane. West Drayton Railway Station and future Crossrail Station is just 700 metres to the south and offers direct rail services to London Paddington with an approximate journey time of 25 minutes. Nearby occupiers include Aldi, Betfred, Subway, Costa and a number of independent retailers.

Tenure

Long Leasehold. Long Leasehold. Held from London Borough of Hillingdon for a term of 120 years from 24/06/1973 at a current rent reserved of £250 p.a.x.

Location
Miles
16 miles west of Central London
Roads
M25 (Junction 15), M4 (Junction 4), M40
Rail
West Drayton Railway Station
Air
London Heathrow Airport (5 miles)
Situation

West Drayton is a popular commuter town within the London Borough of Hillingdon. The property is situated in a prominent corner position on the eastern side of the High Street at its junction with Falling Lane. West Drayton Railway Station and future Crossrail Station is just 700 metres to the south and offers direct rail services to London Paddington with an approximate journey time of 25 minutes. Nearby occupiers include Aldi, Betfred, Subway, Costa and a number of independent retailers.

Tenure

Long Leasehold. Long Leasehold. Held from London Borough of Hillingdon for a term of 120 years from 24/06/1973 at a current rent reserved of £250 p.a.x.

Description

The property comprises a ground floor library with a self-contained first floor which is currently sublet and used as a sports/leisure educational facility. The tenant has the right to use parking spaces in the public car park and service area to the rear.

Six Week Completion (subject to landlord's consent to assign)

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.

EPC

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

Description

The property comprises a ground floor library with a self-contained first floor which is currently sublet and used as a sports/leisure educational facility. The tenant has the right to use parking spaces in the public car park and service area to the rear.

Six Week Completion (subject to landlord's consent to assign)

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.

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
Ground
First
Library
Office
264.49 sq m
273.13 sq m
(2,847 sq ft)
(2,940 sq ft)
LONDON BOROUGH
OF HILLINGDON (1)
120 years from 24/06/1973 until 23/06/2093 £30,054.02 24/06/2018 and
five yearly (2)
Totals  
537.62 sq m
(5,787 sq ft)
    £30,054.02

(1) The first floor has been sublet to Yiewsley TKD School for a term of 10 years from 01/04/2011 on a full repairing and insuring lease at a current rent of £30,054 p.a.x.
(2)The rent is reviewed to the rent payable for the preceding year, together with 95% of the increase in rent in respect of the first floor office accommodation under the sub-underlease.

Property Documents

  • Site Plan
    Updated Date
    30.09.15
    File Size
    64 KB
    View PDF
  • Catalogue Page
    Updated Date
    30.09.15
    File Size
    544 KB
    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

Seller's Solicitors
Eversheds LLP Bridgewater Place, Water Lane
Leeds
LS11 5DR
Emma Whitworth 0113 200 4379emmawhitworth@eversheds.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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