168 High Street Hounslow Greater London TW3 1BQ

168 High Street
Hounslow
Greater London
TW3 1BQ

Freehold Retail and Residential Investment

Producing £32,800 p.a.x. with a self-contained flat to be let
Prominent town centre location on busy High Street
Includes retail unit and 2 self-contained flats, one with vacant possession
Immediately adjacent to the proposed Phase 2 of the Blenheim Centre
Nearby occupiers include Boots the Chemist, Marks & Spencer, Primark, KFC and WH Smith
Buyer's Legal Report available <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>

Lot
12
Auction
21st May 2015
Rent
£32,800 per Annum Exclusive
Status
Sold
Price
£830,000
Auction Venue
Radisson Blu Portman Hotel
22 Portman Square
London W1H 7BG
On behalf of Legal & General

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Freehold Retail and Residential Investment

Producing £32,800 p.a.x. with a self-contained flat to be let
Prominent town centre location on busy High Street
Includes retail unit and 2 self-contained flats, one with vacant possession
Immediately adjacent to the proposed Phase 2 of the Blenheim Centre
Nearby occupiers include Boots the Chemist, Marks & Spencer, Primark, KFC and WH Smith
Buyer's Legal Report available <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>

Lot 12
Auction 21st May 2015
Rent £32,800 per Annum Exclusive
Status Sold
Price £830,000
Sector
High Street Retail
Auction Venue
Radisson Blu Portman Hotel
22 Portman Square
London W1H 7BG
On behalf of Legal & General

Property Information

Location

Miles: 12 miles west of Central London
Roads: A4, M4, M25
Rail: Hounslow Railway Station,; Hounslow Central Underground Station (Piccadilly Line),; Hounslow East Underground Station (Piccadilly Line)
Air: Heathrow Airport (2 miles)

Situation

The property is situated in a strong trading position on the north side of busy High Street close to the 22-unit Treaty Shopping Centre. The property is immediately adjacent to the proposed Phase 2 of the Blenheim Centre, a major mixed use scheme comprising 525 new homes, cafés, restaurants, a multiplex cinema and a new town square. Nearby occupiers include Boots the Chemist, Marks & Spencer, Primark, KFC and WH Smith.

Tenure

Freehold.

Location

Miles: 12 miles west of Central London
Roads: A4, M4, M25
Rail: Hounslow Railway Station,; Hounslow Central Underground Station (Piccadilly Line),; Hounslow East Underground Station (Piccadilly Line)
Air: Heathrow Airport (2 miles)

Situation

Tenure

Freehold.

Description

The property comprises ground floor retail accommodation and two self-contained flats on the first and second floors which are accessed from the rear. The property benefits from car parking to the rear. Hounslow High Street is currently undergoing a road resurfacing programme.

Note
The adjoining property at No. 166 High Street is being offered as Lot 18.

Six Week Completion

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

VAT

VAT is applicable to this lot.

EPC

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

Tenancy & Accommodation

Unit	Floor	Use	Floor Areas (Approx)		Tenant	Term	Rent p.a.x.	Reversion
	Ground	Retail	72.39 sq m	(779 sq ft)	INDIVIDUAL (t/a Lebara)	Let from 21/01/2015 on a full repairing and insuring lease (2)	£20,800	19/01/2017 (1)
168A	First	Residential	2 Bedroom Flat		INDIVIDUAL	Let on an Assured Shorthold Tenancy until 05/02/2016	£12,000
168B	Second	Residential	1 Bedroom Flat		VACANT
Total Commercial Floor Area			72.39 sq m	(779 sq ft)			£32,800

(1) The seller has been informed that the property, specifically the rear land, is affected by the proposed development of Phase 2 of the Blenheim Centre and the Council may need to purchase the land at the rear of the property. For more details please see the correspondence in the legal pack.
(2) The lease is outside the Security of Tenure provisions of the Landlord & Tenant Act 1954 and provides a mutual rolling option to determine the lease from 21st January 2016 on 6 weeks’ notice.