22/24 Oak End Way Gerrards Cross Buckinghamshire SL9 8BR

22/24 Oak End Way
Gerrards Cross
Buckinghamshire
SL9 8BR

Freehold Restaurant Investment

Affluent Commuter Belt Location
Ground floor restaurant let to Paolos Limited (with guarantee) until March 2024
Nearby occupiers include William Hill, Waitrose, Costa Coffee, Boots and Santander
Less than 350 metres from Gerrards Cross Railway Station (22 mins to London Marylebone)
Legal Title Report <a href="/media/32026/legal title report v4.pdf" target="_blank" title="Legal Title Report V4">here</a>

Lot
2
Auction
11th December 2014
Rent
£45,200 per Annum Exclusive
Status
Withdrawn Post
Price
Auction Venue
The Millennium Hotel
44 Grosvenor Square
London W1K 2HP

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Freehold Restaurant Investment

Affluent Commuter Belt Location
Ground floor restaurant let to Paolos Limited (with guarantee) until March 2024
Nearby occupiers include William Hill, Waitrose, Costa Coffee, Boots and Santander
Less than 350 metres from Gerrards Cross Railway Station (22 mins to London Marylebone)
Legal Title Report <a href="/media/32026/legal title report v4.pdf" target="_blank" title="Legal Title Report V4">here</a>

Lot 2
Auction 11th December 2014
Rent £45,200 per Annum Exclusive
Status Withdrawn Post
Price
Sector
Leisure
Auction Venue
The Millennium Hotel
44 Grosvenor Square
London W1K 2HP

Property Information

Location

Miles: 6 miles north of Slough; 18 miles west of Central London
Roads: A413, A40, M25 (Junction 16), M40 (Junction 1A)
Rail: Gerrards Cross Railway Station
Air: Heathrow International Airport

Situation

The affluent village of Gerrards Cross is located close to the border with Greater London and is popular with commuters. The property is situated on the southern side of Oak End Way, off Packhorse Road. Nearby occupiers include William Hill, Waitrose, Costa Coffee, Boots and Santander with Gerrards Cross Railway Station less than 350 metres away, with a shortest journey time of 22
minutes.

Tenure

Freehold.

Location

Miles: 6 miles north of Slough; 18 miles west of Central London
Roads: A413, A40, M25 (Junction 16), M40 (Junction 1A)
Rail: Gerrards Cross Railway Station
Air: Heathrow International Airport

Situation

Tenure

Freehold.

Description

The property comprises a ground floor restaurant benefitting from rear servicing, and two self-contained residential flats on the upper floors, let on 125 year leases.

Six Week Completion

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 applicable to this lot.

EPC

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

Description

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	Reversion
Ground	Restaurant/ Ancillary	177 sq m	(1,905 sq ft)	PAOLOS LIMITED t/a Di Paolo (1) with personal guarantee	15 years from 24/03/2009	£45,000	23/03/2024
First	Residential	Not Measured		CASTLESTONE INVESTMENTS LTD	125 years from completion	£100	January 2139
First	Residential	Not Measured		CASTLESTONE INVESTMENTS LTD	125 years from completion	£100	January 2139
Totals		177 sq m	(1,905 sq ft)			£45,200

(1) With 30 years of experience in the industry, Di Paolo offers an exquisite menu of authentic homemade Italian food (Source: www.dipaolo.co.uk 06/11/2014).