Prominent Roadside Location on Uxbridge Road (A4020)
Includes self-contained 3 bedroom maisonette (1)
Predominately Residential Suburb close to Hayes End Recreation Ground
VAT-Free Investment
Lot 18
Auction 21st July 2021
Rent £46,200 per Annum Exclusive
Status Sold
Price £655,000
Sector High Street Retail
Auction Venue Live Streamed Auction
Property Information
Location
Miles
15 miles west of Central London,
5 miles north of Heathrow,
7 miles east of Slough
Roads
A40, A4020, A312, M4 (Junction 3),
M25 (Junction 15)
Rail
Hayes & Harlington Rail
(Crossrail route Elizabeth Line)
Air
London Heathrow Airport
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 situated on Uxbridge Road (A4020) forming part of local retail parade in a predominantly residential suburb of Greater London. The property is located on Uxbridge Road close to its junction with Morgan`s Lane, 2 miles south east of Uxbridge Town Centre and 2 miles north east of Hayes Town centre. Occupiers close by include Iceland, Betfred, Met Police and a number of local traders
Tenure
Freehold.
Location
Miles
15 miles west of Central London,
5 miles north of Heathrow,
7 miles east of Slough
Roads
A40, A4020, A312, M4 (Junction 3),
M25 (Junction 15)
Rail
Hayes & Harlington Rail
(Crossrail route Elizabeth Line)
Air
London Heathrow Airport
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 situated on Uxbridge Road (A4020) forming part of local retail parade in a predominantly residential suburb of Greater London. The property is located on Uxbridge Road close to its junction with Morgan`s Lane, 2 miles south east of Uxbridge Town Centre and 2 miles north east of Hayes Town centre. Occupiers close by include Iceland, Betfred, Met Police and a number of local traders
Tenure
Freehold.
Description
The property comprises a ground floor shop with a self contained 3 bedroom maisonette above.
VAT
VAT is not applicable to this lot.
Planning
The upper floors may benefit from future redevelopment to provide 1 x 2 bed & 1 x 1 bed flats, subject to all necessary consents/permissions and current tenancy. Interested Parties are referred to Hillingdon Council at www.hillingdon.gov.uk
The property has lapsed planning permission Ref: - 62029/APP/2017/2344 - First floor rear extension and enlargement of roofspace to create additional habitable floorspace to include a rear dormer and conversion to 1 x 2 bed flat and 1 x studio flat
Completion Period
Six Week Completion
EPC
See Legal Pack at www.acuitus.co.uk
Description
The property comprises a ground floor shop with a self contained 3 bedroom maisonette above.
VAT
VAT is not applicable to this lot.
Planning
The upper floors may benefit from future redevelopment to provide 1 x 2 bed & 1 x 1 bed flats, subject to all necessary consents/permissions and current tenancy. Interested Parties are referred to Hillingdon Council at www.hillingdon.gov.uk
The property has lapsed planning permission Ref: - 62029/APP/2017/2344 - First floor rear extension and enlargement of roofspace to create additional habitable floorspace to include a rear dormer and conversion to 1 x 2 bed flat and 1 x studio flat
Completion Period
Six Week Completion
EPC
See Legal Pack at www.acuitus.co.uk
Tenancy & Accommodation
Unit No.
Floor
Use
Floor Areas (Approx)
Tenant
Term
Rent p.a.x
Review/ (Reversion)
761
Ground
Retail
64.70 sq m
(696 sq ft)
Individual t/a Talwar Food & Wine
20 years from 20/12/2006
£30,000
20/12/2022 (19/12/2026)
763
First Second
Residential
3 bedrooms
Individual
12 month AST from 9/12/2018
£16,200
Holding Over
Total
64.70 sq m
(696 sq ft) Plus Maisonette
£46,200
If you are the successful bidder, Acuitus requires a separate payment of £1,250+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.
