3 Teignmouth Gardens, Greenford
Perivale
Middlesex
UB6 8BZ

Freehold Retail/Bank and Residential Building with Asset Management Opportunity

  • Substantial freehold building on the A40 adjacent to the Hoover Building
  • Comprises a triple fronted retail unit with
  • 6 residential maisonettes on upper floors
  • Two maisonettes let on ASTs
  • Asset management/development potential (subject to consents)
  • VAT-free investment
  • Lot
    10
  • Auction
    26/Mar/2020
  • Rent
    £21,360 per Annum Exclusive
  • Status
    Available
  • Price*
    Contact Us
  • Sector
    Development
  • Auction Venue
    The Montcalm Hotel
    2 Wallenberg Place
    Marble Arch
    London W1H 7TN
  • On behalf of a Major Bank
  • 3 Teignmouth Gardens, Greenford<br>Perivale<br>Middlesex<br>UB6 8BZ
  • Expand
  • Photos
  • Map

* More information on the term "price" can be found here

Property Information

Location
Miles
10 miles north-west of Central London
Roads
A40, M4 (Junction 2), M25 (Junction 16)
Rail
Perivale Underground (Central Line)
Air
Heathrow Airport
Situation

Perivale is a busy and popular suburb of the London Borough of Ealing. The property occupies a prominent position, set back from the A40, adjacent to the landmark Hoover Building. Perivale Underground is a five minute walk away, which is well connected by the Central Line, providing access to Oxford Circus in approximately 28 minutes. The Hoover building has been converted to provide 66 luxury apartments with a Tesco superstore and Costa Coffee at ground floor level. Other nearby occupiers include Royal Nawaab restaurant and banqueting suites, Premier Inn, Mylett Arms (Greene King pub and carvery) and BP service station with M&S Simply Food.

Tenure

Freehold.

Description

The property comprises a triple fronted ground floor retail unit (former bank) which benefits from return frontage, together with six self-contained one bedroom maisonettes arranged over first and second floors. Each maisonette comprises two rooms, a kitchen and bathroom and also benefits from patio areas to the rear at first and second floor levels. Photographs of the residential accommodation can be provided upon request.

VAT

VAT is not applicable to this lot.

EPC

Available at acuitus.co.uk

Tenancy & Accommodation

UnitFloorUseGross Internal Floor Areas (Approx)TenantTermRent p.a.x
3GroundRetail
(former bank)
217.29 sq m
(2,339 sq ft)
VACANT POSSESSION  
1aFirstResidential
40 sq m
(430 sq ft)
VACANT POSSESSION  
2aFirstResidential
45 sq m
(484 sq ft)
VACANT POSSESSION  
3aFirstResidential
45 sq m
(484 sq ft)
INDIVIDUALS6 month AST
from
10/10/2013 (1)
£10,080
1bSecondResidential
40 sq m
(430 sq ft)
VACANT POSSESSION  
2bSecondResidential
45 sq m
(484 sq ft)
INDIVIDUALS12 month AST
from
13/09/2014 (1)
£11,280
3bSecondResidential
45 sq m
(484 sq ft)
VACANT POSSESSION  
Total
477.29 sq m
(5,135 sq ft)
  21,360
(With Vacant Possessionof 4,167 sq ft)

If you are the successful bidder Acuitus requires a separate payment of £500 plus VAT (£600 inclusive of VAT) buyer's administration charge payable to Acuitus Limited

Property Documents

  • Solicitors Legal Pack
    Updated Date
    04.03.20
    File Size
    9 MB
    Login to View
  • Catalogue Page
    Updated Date
    04.03.20
    File Size
    2 MB
    View PDF
  • Site Plan
    Updated Date
    04.03.20
    File Size
    935 KB
    View PDF
  • Common Auction conditions
    Updated Date
    19.09.19
    File Size
    150 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF
  • Money Laundering Regs
    Updated Date
    19.09.19
    File Size
    36 KB
    View PDF

Contacts

Acuitus
John MehtabJohn Mehtab +44 (0)20 7034 4855 +44 (0)7899 060519john.mehtab@acuitus.co.uk
Billy StruthBilly Struth +44 (0)20 7034 4854billy.struth@acuitus.co.uk
Associate Auctioneers
CBRE Limited Henrietta House
Henrietta Place
London
W1G 0NB
Luke Pasterfield 020 7182 2922 luke.pasterfield@cbre.com
Seller's Solicitors
Walker Morris LLP 33 Wellington Street
Leeds
LS1 4DL
Jocelyn Crockett 0113 283 2554jocelyn.crockett@walkermorris.co.uk

Useful Links

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