12-14 Fulham Broadway, Fulham London SW6 1AA

12-14 Fulham Broadway, Fulham
London
SW6 1AA

Freehold Retail Investment in Affluent South-West London Location

Ground and lower ground floors let to William Hill (Southern) Ltd, with guarantee
Nearby occupiers include Marks & Spencer, Barclays Bank, NatWest and Subway
Prominent corner position some 125 metres from Fulham Broadway Shopping Centre and Fulham Broadway Underground Station
Six week completion available

Lot
7
Auction
9th December 2010
Rent
£105,300 per Annum Exclusive
Status
Sold
Price
£1,405,000
Auction Venue
Millennium Hotel
39-44 Grosvenor Square
London W1K 2HP

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Freehold Retail Investment in Affluent South-West London Location

Ground and lower ground floors let to William Hill (Southern) Ltd, with guarantee
Nearby occupiers include Marks & Spencer, Barclays Bank, NatWest and Subway
Prominent corner position some 125 metres from Fulham Broadway Shopping Centre and Fulham Broadway Underground Station
Six week completion available

Lot 7
Auction 9th December 2010
Rent £105,300 per Annum Exclusive
Status Sold
Price £1,405,000
Sector
High Street Retail
Auction Venue
Millennium Hotel
39-44 Grosvenor Square
London W1K 2HP

Property Information

Location

125 metres from Fulham Broadway Underground Station; 4.3 miles south-west of Central London
Roads: A304, A4
Rail: Fulham Broadway Underground Station (District Line)
Air: London Heathrow (11 miles)

Situation

The property is prominently situated in a corner position on Fulham Broadway, at its junction with Argon Mews and diagonally opposite the newly developed Fulham Broadway Shopping Centre. Nearby occupiers include Marks & Spencer, Barclays Bank, NatWest, Subway and Cafe Nero.

Tenure

Freehold.

Location

125 metres from Fulham Broadway Underground Station; 4.3 miles south-west of Central London
Roads: A304, A4
Rail: Fulham Broadway Underground Station (District Line)
Air: London Heathrow (11 miles)

Situation

Tenure

Freehold.

Description

The property comprises a GROUND FLOOR RETAIL UNIT and SEPARATE BASEMENT RETAIL UNIT, accessed from an entrance at ground floor level fronting Fulham Broadway.The first, second and third floors comprise THREE RESIDENTIAL FLATS that have been let on long leases.

VAT

VAT is not applicable to this lot.

EPC

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

Description

VAT

VAT is not 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 Basement First-Third	Retail Retail/Storage 3 x Residential Flats	172.50 sq m 171.71 sq m Not measured	(1,857 sq ft) (1,848 sq ft)	WILLIAM HILL (SOUTHERN) LTD, guaranteed by WILLIAM HILL ORGANIZATION LTD (1)(2) 3 INDIVIDUAL LEASES	20 years from 24/06/1999 until 23/06/2019 on a full repairing and insuring lease 125 years each from 31/03/2006	£105,000	24/06/2009 and 24/06/2014
Totals		344.21 sq m	(3,705 sq ft)			£105,000

(1) William Hill Organization Ltd is a subsidiary of William Hill plc which delivers a high quality gaming and betting experience to UK and international customers online, through its shops and on the phone. They are an established and trusted brand and took more than £15 billion in stakes in 2009.(2) Please note that part of the ground floor has been sub-let to The Headmasters Partnership, trading as ‘Headmasters’ hairdressing salon, who are currently in occupation.NB This property is being marketed on behalf of Joint Law of Property Act Receivers and therefore no warranties or guarantees in any respect, including VAT, can be given The LPA Receivers are not bound to accept the highest or any offer and are acting without personal liability