328-330 Uxbridge Road
Hatch End
Greater London
HA5 4HR

Freehold Restaurant and Residential Investment

  • Affluent North London suburb
  • Restaurant with self-contained four bedroom flat above
  • VAT-free investment
  • Lot
    7
  • Auction
    28/Mar/2018
  • Rent
    £54,900 per Annum Exclusive
  • Status
    Sold
  • Price*
    £1,005,000
  • Sector
    Restaurant
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
  • On behalf of Mapeley
  • 328-330 Uxbridge Road<br>Hatch End<br>Greater London<br>HA5 4HR
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Property Information

Location
Miles
14 miles north-west of Central London, 4 miles south of Watford, 3 miles north of Harrow
Roads
A410 (Uxbridge Road), A404, M1, M25
Rail
Hatch End Railway Station
Air
London Heathrow and London Gatwick Airports
Situation

Hatch End is an affluent London communter town located 14 miles north-west of Central London. The property is located in a central trading position on the north side of Uxbridge Road, close to its junction with Cornwall Road, 400 metres west of Hatch End railway station. Occupiers close by include Costa, Coral, NatWest and Tesco.

Tenure

Freehold.

Description

The property comprises a ground floor restaurant with selfcontained residential accommodation on the first and second floors.

VAT

VAT is not applicable to this lot.

Completion Period

Six Week Completion

EPC

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

Tenancy & Accommodation

FloorUseFloor Areas (Approx)TenantTermRent p.a.xReviews
GroundRestaurant
155.88 sq m
(1,678 sq ft)
INSPIRED
INDIAN LTD
t/a Sakonis (1)
15 years from
04/04/2017 (2)
£37,500 (3)2022 & 2027
(2)
First &
Second
Residential
6 Rooms, Kitchen
and Bathroom
166.29 sq m


(1,790 sq ft)
INDIVIDUALSAST for 1 year from
01/11/2015
£17,400
(annualised)
Holding Over
Total
322.17 sq m
(3,468 sq ft)
    

(1) Sakonis trade from two shops (Source: www.sakonis.co.uk).
(2) Tenant’s option to break in 2022 and 2028 upon 6 months’ prior notice.
(3) Rent deposit of £22,500 held.

Property Documents

  • Site Plan
    Updated Date
    06.03.18
    File Size
    811 KB
    View PDF
  • Catalogue Page
    Updated Date
    06.03.18
    File Size
    936 KB
    View PDF
  • Common Auction conditions
    Updated Date
    27.03.17
    File Size
    124 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Acuitus
Peter MayoPeter Mayo +44 (0)20 7034 4864 +44 (0)7833 459318Peter.mayo@acuitus.co.uk
Will MooreWill Moore +44 (0)20 7034 4858 +44 (0)7899 877 224will.moore@acuitus.co.uk
Seller's Solicitors
Irwin Mitchell LLP Bauhaus, Rossetti Place, 27 Quay Street
Manchester
M3 4AW
Paul Barnard 0161 838 3142paul.barnard@irwinmitchell.com  Briana Scally 0161 838 3166briana.scally@irwinmitchell.com

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