Includes self-contained three bedroom maisonette above
Rent Review January 2019 – notice served at £33,000 pa
Tenant trading from the property since 2007
Popular West London suburb between Harrow and Ickenham and close to Heathrow
Nearby occupiers include Prezzo, Café Rouge, Sainsbury’s Local, The Edinburgh Woollen Mill, WHSmith, KFC and various banks
Lot 1
Auction 4th April 2019
Rent £30,500 per Annum Exclusive
Status Sold
Price £555,000
Sector High Street Retail
Auction Venue The Radisson Blu Portman Hotel 22 Portman Square London W1H 7BG
Property Information
Location
Miles
3 miles south-west of Pinner
9 miles west of Harrow
16 miles north-west of Central London
Roads
A40, M4 (J3), M25 (J15), M40 (J1A)
Rail
Ruislip Underground Station (Metropolitan and Piccadilly Lines)
Air
Heathrow Airport
Situation
Ruislip is located in West London and is part of the London Borough of Hillingdon, 16 miles north-west of Central London. The property is situated on the west side of High Street, opposite Church Field Gardens and less than half a mile from Ruislip Underground Station (Metropolitan and Piccadilly lines). Nearby occupiers include Prezzo, Café Rouge, Sainsbury’s Local, Boots Opticians, The Edinburgh Woollen Mill, KFC, WHSmith and various banks.
Tenure
Freehold.
Location
Miles
3 miles south-west of Pinner
9 miles west of Harrow
16 miles north-west of Central London
Roads
A40, M4 (J3), M25 (J15), M40 (J1A)
Rail
Ruislip Underground Station (Metropolitan and Piccadilly Lines)
Air
Heathrow Airport
Situation
Ruislip is located in West London and is part of the London Borough of Hillingdon, 16 miles north-west of Central London. The property is situated on the west side of High Street, opposite Church Field Gardens and less than half a mile from Ruislip Underground Station (Metropolitan and Piccadilly lines). Nearby occupiers include Prezzo, Café Rouge, Sainsbury’s Local, Boots Opticians, The Edinburgh Woollen Mill, KFC, WHSmith and various banks.
Tenure
Freehold.
Description
The property comprises a shop (convenience store) arranged on the ground floor, with a self-contained three bedroom maisonette arranged on the first and second floors, and a garage to the rear.
VAT
VAT is applicable to this lot.
EPC
Band C
Description
The property comprises a shop (convenience store) arranged on the ground floor, with a self-contained three bedroom maisonette arranged on the first and second floors, and a garage to the rear.
AM TO PM GROCERY LIMITED (2) with a personal guarantee
15 years from 15/01/2014 until 14/01/2029 on a full repairing and insuring lease
£30,500 (3)
15/01/2019 (3) 15/01/2024
Total Commercial Area
86.95 sq m
(936 sq ft)
£30,500
(1) The tenant sublets the maisonette at £1,200 per calendar month (£14,400 pa). (2) The Landlord holds a rent deposit of £9,150. (3) The lease provides for a rent review on 15th January 2019. The landlord has recently served notice proposing a revised rent of £33,000 per annum.
