14 Station Road
Hayes
Middlesex
UB3 4DY

Attractive Freehold Bank Investment on a New 5 year lease and Vacant First Floor (1)

  • Popular West London suburb
  • Ground let to Santander UK PLC on a new 5 year lease (NO Breaks)
  • Bank lease renewal from 25th December 2020
  • VAT-free Investment
  • Future alternative use potential of the upper floor (1)
  • Lot
    5
  • Auction
    16/Jun/2021
  • Rent
    £18,000 per Annum Exclusive
  • Status
    Available
  • Price*
    £350,000+
  • Sector
    Bank
  • Auction Venue
    Live Streamed Auction
  • On Instructions of a Major Property Company
  • 14 Station Road<br>Hayes<br>Middlesex<br>UB3 4DY
  • Expand
  • Photos
  • Map

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

Property Information

Location
Miles
15 miles west of Central London
5 miles north of Heathrow
7 miles east of Slough
Roads
A40, A312, M4 (Junction 3) M25 (Junction 15)
Rail
Hayes & Harlington Rail Station
(direct to London Paddington approx.18 mins)
Air
London Heathrow
Situation

Hayes is 15 miles west of central London, 5 miles north of Heathrow Airport and 6 miles east of the North Circular Road. the property is located in the town centre on Station Road close to its junction with Botwell Lane. Nearby occupiers include McDonalds, Costa, Superdrug, Boots, Lloyds, HSBC, Greggs amongst a number of other retailers.

Tenure

Freehold.

Description

The property comprises a ground floor bank. (1) The first floor is vacant but with no access. The bank is connected at ground floor with the adjoining unit which is also occupied by Santander (the adjoining unit No16 is not included in the sale).

VAT

VAT is not applicable to this lot.

Planning

The property may benefit from future redevelopment for a variety of uses, subject to all necessary consents/permissions and current tenancy. Interested Parties are referred to www.hillingdon.gov.uk

Viewings

There will be no internal viewings of the property due to Covid-19.

Completion Period

Six Week Completion

EPC

See legal pack at www.acuitus.co.uk

Tenancy & Accommodation

FloorUseFloor Areas
(Approx)
TenantTermRent p.a.xReversion
GroundBanking
59 sq m
(636 sq ft)
SANTANDER UK
PLC (2) (3)
5 years from
25/12/2020
£18,000(24/12/2025)
(3)
First 
34 sq m
(374 sq ft)
Vacant (1)   
Total
93 sq m
(1,010 sq ft)
  £18,000 

(1) Currently vacant with no access from within the property.
(2) For the year ending 31st December 2019, Santander UK PLC reported a turnover of £7,224,000,000, a pre-tax profit of £1,012,000,000 and shareholders funds of £15,857,000,000 (Source: NorthRow 19/01/2021).
(3) Please note this branch is on Santander's bank closure list announced on 26 March 2021.

If you are the successful bidder, Acuitus requires a separate payment of £1,000 inclusive of VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.

Due to the current restrictions in movement throughout the UK, the property may not have been inspected by Acuitus. Some photographs may not be current and these will be dated where this is the case. Plans showing nearby occupiers and mention of nearby occupiers may reflect a dated situation as some tenants are not currently in occupation. Floor areas and accommodation details are likely to have been obtained from VOA.Gov.UK and the Vendor.

Property Documents

  • Solicitors Legal Pack
    Updated Date
    11.06.21
    File Size
    17 MB
    Login to View
  • Catalogue Page
    Updated Date
    27.05.21
    File Size
    611 KB
    View PDF
  • Site Plan
    Updated Date
    27.05.21
    File Size
    851 KB
    View PDF
  • Common Auction conditions
    Updated Date
    10.06.21
    File Size
    168 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF
  • Money Laundering Regs
    Updated Date
    07.10.20
    File Size
    1,016 KB
    View PDF
  • Customer Due Dilligence Form
    Updated Date
    20.05.20
    File Size
    585 KB
    View PDF

Contacts

Acuitus
Peter MayoPeter Mayo +44 (0)20 7034 4864 +44 (0)7833 459318Peter.mayo@acuitus.co.uk
George GoucherGeorge Goucher +44 (0)20 7034 4860george.goucher@acuitus.co.uk
Seller's Solicitors
Addleshaw Goddard LLP One St Peter's Square
Manchester
M2 3DE
Dawn Mayne 0161 934 6478Dawn.Mayne@addleshawgoddard.com

Useful Links

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