37 Watling Avenue Burnt Oak London HA8 0LF

37 Watling Avenue
Burnt Oak
London
HA8 0LF

  • 37 Watling Avenue<br>Burnt Oak<br>London<br>HA8 0LF

Freehold Retail and Residential Investment

  • Includes Ground Floor Retail Shop and 2 x Self Contained Flats
  • Popular North West London Location
  • 100m from Burnt Oak Underground Station
  • Nearby occupiers include Greggs, Savers, TSB Bank and Subway
  • Lot
    25
  • Auction
    17/Feb/2022
  • Rent
    £86,000 per Annum Exclusive
  • Status
    Withdrawn Prior
  • Price*
     
  • Sector
    High Street Retail/Residential
  • Auction Venue
    Live Streamed Auction
  • 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
A1, A5, A406, A41, M1 (Junction 1), M25
Rail
Burnt Oak Underground Station (Northern Line)
Air
London Heathrow Airport, London Luton Airport
Situation

The property is prominently located on the north side of the busy Watling Avenue, in the popular North West London suburb of Burnt Oak. Nearby occupiers include Greggs, Savers, TSB Bank, Subway and an eclectic mix of local traders.

Tenure

Freehold.

Location
Miles
10 miles north-west of Central London
Roads
A1, A5, A406, A41, M1 (Junction 1), M25
Rail
Burnt Oak Underground Station (Northern Line)
Air
London Heathrow Airport, London Luton Airport
Situation

The property is prominently located on the north side of the busy Watling Avenue, in the popular North West London suburb of Burnt Oak. Nearby occupiers include Greggs, Savers, TSB Bank, Subway and an eclectic mix of local traders.

Tenure

Freehold.

Description

The property comprises ground floor retail accommodation with 2 x two bedroom self-contained flats on the first and second floors. The flats are accessed from a separate entrance at the front of the property.

VAT

VAT is applicable to this lot.

Note

The Special Conditions of Sale provide for the Buyer to pay to the Seller a sum in addition to the purchase price. Please see the Special Conditions of Sale which is available in the Seller’s solicitors Legal Pack.

EPC

Band C.

Description

The property comprises ground floor retail accommodation with 2 x two bedroom self-contained flats on the first and second floors. The flats are accessed from a separate entrance at the front of the property.

VAT

VAT is applicable to this lot.

Note

The Special Conditions of Sale provide for the Buyer to pay to the Seller a sum in addition to the purchase price. Please see the Special Conditions of Sale which is available in the Seller’s solicitors Legal Pack.

EPC

Band C.

Tenancy & Accommodation

Floor Use Floor Areas (Approx) Tenant Term Rent p.a.x. Review/(Reversion)
Ground Retail
110.01 sq m
(1,184 sq ft)
INDIVIDUAL t/a Leonie''s Hair and Beauty Let for a term of 10 years from 01/10/2018
£50,000
(30/09/2028)
First Ancillary
1 x 2 bedroom flat
  INDIVIDUAL Let on an Assured Shorthold Tenancy
Agreement for a term of 3 years
from 12/06/1019
£18,000
(11/06/2022)
Second Ancillary
1 x 2 bedroom flat
  INDIVIDUAL Let on an Assured Shorthold Tenancy
Agreement for a term of 3 years
from 12/06/2019
£18,000
(11/06/2022)
Total Approximate
Commercial Floor Area
 
110.01 sq m
(1,184 sq ft) (1)
   
£86,000
 

(1) The floor areas stated above are those published by the Valuation Office Agency (www.voa.gov.uk)
(2) The rent reserved under the Assured Shorthold Tenancy is £1,400 per calendar month. The rent shown above has been annualised.

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
    2 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
John MehtabJohn Mehtab +44 (0)20 7034 4855 +44 (0)7899 060 519john.mehtab@acuitus.co.uk
Alexander AuteracAlexander Auterac +44 (0)20 7034 4859 +44 (0)7713 135 034alexander.auterac@acuitus.co.uk
Seller's Solicitors
Gunnercooke LLP 1 Cornhill
London
EC3V 3ND
Sam Rosenthal 07941613379sam.rosenthal@gunnercooke.com

Useful Links

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

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