288-306 High Street Harlington London Middlesex UB3 5DU

288-306 High Street
Harlington
London
Middlesex
UB3 5DU

  • 288-306 High Street<br>Harlington<br>London<br>Middlesex<br>UB3 5DU

Unbroken Freehold Retail & Residential Parade with Development Potential (subject to consents)

  • Unbroken Freehold Retail & Residential Parade - 5 Shops, 5 x 3 Bed Maisonettes & 9 Garages
  • Fully Let Investment
  • Service Yard at the Rear with Development Potential (subject to consents)
  • In Same Ownership Since 1982
  • Predominately Residential London Suburb very close to Heathrow Airport
  • VAT-Free Investment
  • Lot
    9
  • Auction
    17/Feb/2022
  • Rent
    £127,370 per Annum Exclusive
  • Status
    Sold
  • Price*
    £2,460,000
  • Sector
    High Street Retail/Residential
  • Auction Venue
    Live Streamed Auction
  • On Behalf of Trustees
Important Update
  • Expand
  • Photos
  • Map

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

Property Information

Location
Miles
3.5 miles north west of Hounslow, 3.5 miles south west of Southall & 13 miles west of Central London.
Roads
A4,A437,M4,M25
Rail
Hayes & Harlington
Air
Heathrow (2 miles)
Situation

Harlington is a predominantly residential suburb located 13 miles west of Central London, 3.5 miles north west of Hounslow and 3.5 miles south west of Southall. Harlington is situated midway between the M4 & A4, with the M25, 3 miles to the west. The property is located on High Street (A437) close to its junction with Providence Lane. High Street (A437) connects to Hayes Town Centre 1.5 miles to the north east. Heathrow Airport is situated 2 miles to the south.

Tenure

Freehold.

Location
Miles
3.5 miles north west of Hounslow, 3.5 miles south west of Southall & 13 miles west of Central London.
Roads
A4,A437,M4,M25
Rail
Hayes & Harlington
Air
Heathrow (2 miles)
Situation

Harlington is a predominantly residential suburb located 13 miles west of Central London, 3.5 miles north west of Hounslow and 3.5 miles south west of Southall. Harlington is situated midway between the M4 & A4, with the M25, 3 miles to the west. The property is located on High Street (A437) close to its junction with Providence Lane. High Street (A437) connects to Hayes Town Centre 1.5 miles to the north east. Heathrow Airport is situated 2 miles to the south.

Tenure

Freehold.

Description

The property comprises five ground floor shops with 5 x three bed maisonettes on first & second floors. The flats are separately accessed from the rear. The property also includes 9 garages and a service yard to the rear, offering development potential.

VAT

VAT is not applicable to this lot.

Planning

The property may benefit from future redevelopment for a variety of uses, subject to necessary consents/permissions and the current tenancies. Interested Parties are referred to Hillingdon London Council - www.hillingdon.gov.uk - 01895 250230

EPC

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

Description

The property comprises five ground floor shops with 5 x three bed maisonettes on first & second floors. The flats are separately accessed from the rear. The property also includes 9 garages and a service yard to the rear, offering development potential.

VAT

VAT is not applicable to this lot.

Planning

The property may benefit from future redevelopment for a variety of uses, subject to necessary consents/permissions and the current tenancies. Interested Parties are referred to Hillingdon London Council - www.hillingdon.gov.uk - 01895 250230

EPC

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

Tenancy & Accommodation

Floor Floor Use Floor Areas (Approx) Tenant Term Rent p.a.x Rent Review
288 Ground Retail
52.95 sq m (570 sq ft)
LADBROKES BETTING & GAMING LIMITED (1) 10 years from 20/04/2018 (2)
£13,750
20/04/2023
290 First & Second Residential
3 bedroom split level maisonette with kitchen, bathroom and reception room.
INDIVIDUAL AST 1 year from 19/11/2021, expiring on 18/11/2022
£12,900
 
292 &
294
Ground
First & Second
Retail
Residential
53.60 sq m (577 sq ft)
3 bedroom split level maisonette with kitchen, bathroom and reception room.
INDIVIDUAL t/a Swans Chinese 15 years from 09/05/2015, expiring on 08/05/2030
£22,000
09/05/2020 &
09/05/2025
296 &
298
Ground
First & Second
Garages
Retail
Residential
49.05 sq m (528 sq ft)
3 bedroom split level maisonette with kitchen, bathroom and reception room.
9 Garages
INDIVIDUAL t/a Trimex Food & Wine 15 years from 09/05/2015, expiring on 08/05/2030
£24,500
09/05/2025
300 Ground Retail
53.20 sq m (573 sq ft)
INDIVIDUAL t/a Flying Egg Cafe 15 years from 11/08/2016, expiring on 10/08/2031 (3)
£13,500
11/08/2026
302 First & Second Residential
3 bedroom split level maisonette with kitchen, bathroom and reception room.
INDIVIDUALS AST 1 year from 18/12/2021, expiring on 17/12/2022
£13,200
 
304 Ground Retail
50.45 sq m (543 sq ft)
INDIVIDUAL t/a Prime Street Estate Agents Approx 10 years from 05/02/2020, expiring on 08/05/2030
£14,500
22/11/2023
306 First & Second Residential
3 bedroom split level maisonette with kitchen, bathroom and reception room.
INDIVIDUALS AST 1 year from 20/12/2021, expiring on 19/12/2022
£13,020
 
Total Commercial Area    
259.25 sq m (2,791 sq ft) plus 5 x 3 Bed Maisonettes & 9 Garages
   
£127,370
 

(1) Ladbrokes is a market leader in retail bookmaking in the UK, Ireland, Belgium and Spain where it operates a combined total of more than 2,700 betting shops. (Source : Ladbrokes.com)
(2) The lease provides for a tenant option to determine on 19/04/2023
(3) The lease provides for a tenant option to determine on 11/08/2026

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.

Property Documents

  • Brochure
    Updated Date
    28.01.22
    File Size
    3 MB
    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

Contacts

Acuitus
David MargolisDavid Margolis +44 (0)20 7034 4862 +44 (0)7930 484 440david.margolis@acuitus.co.uk
Peter MayoPeter Mayo +44 (0)20 7034 4864 +44 (0)7833 459318Peter.mayo@acuitus.co.uk
Associate Auctioneers
Jaggard Macland LLP McBride House, 32 Penn Road
Beaconsfield
Bucks
HP9 2FY
Jack Carroll 01494 677755 | jc@jaggardmacland.co.uk
Seller's Solicitors
IBB Law LLP 30 Windsor Street
Uxbridge
Middlesex
UB8 1AB
Katherine Bereza 01895 207 251katherine.bereza@ibblaw.co.uk

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

By clicking the Submit button I confirm that I would like to register my interest in this Property. Please email me updates when they are published.

If you have a query, please fill in the box below, otherwise click the Submit button.

You have 200 character(s) left.

Are you sure you want to remove this property from My Catalogue?

Are you sure you are no longer interested in this property?

Are you sure you want to delete your Account?

Making the buying and selling of property a seamless experience
Everything you need to know whether you are a buyer or sellerHelp Centre
How can Acuitus Finance help you with bridging finance
How can Acuitus Finance help you with bridging financeObtain bridging finance now