Freehold Dentist & Residential Ground Rent Investment in Popular West London Suburb
Majority let to Dentist until March 2029
Trading as a Dentist for at least 35 years
Flat let on long lease with valuable reversion in 91 years
Affluent West London Suburb
Nearby occupiers include Superdrug, Costa, Domino's and an eclectic mix of independent local retailers
VAT-free Investment
Lot 1
Auction 12th July 2022
Rent £16,570 per Annum Exclusive
Status Sold
Price £340,000
Sector Medical Centre/Doctors, Healthcare
Auction Venue Live Streamed Auction
Property Information
Location
Miles
4 miles west of Harrow, 13 miles west of Central London
Roads
A40, A4180
Rail
Ruislip Manor Underground Station (Metropolitan and Piccadilly Line)
Air
London Heathrow Airport
Situation
Ruislip is a popular and affluent west London suburb located approximately 13 miles west of Central London. The property is situated on the eastern side of Victoria Road in the very busy commercial centre of Ruislip with nearby occupiers including Superdrug, Costa, Domino's and an eclectic mix of independent local retailers.
Tenure
Freehold.
Location
Miles
4 miles west of Harrow, 13 miles west of Central London
Roads
A40, A4180
Rail
Ruislip Manor Underground Station (Metropolitan and Piccadilly Line)
Air
London Heathrow Airport
Situation
Ruislip is a popular and affluent west London suburb located approximately 13 miles west of Central London. The property is situated on the eastern side of Victoria Road in the very busy commercial centre of Ruislip with nearby occupiers including Superdrug, Costa, Domino's and an eclectic mix of independent local retailers.
Tenure
Freehold.
Description
The property comprises a Dental Surgery on the ground floor and separately accessed residential accommodation arranged on the first & second floors, let on a long lease.
VAT
VAT is not applicable to this lot.
Completion Period
6 week completion
EPC
See legal pack.
Description
The property comprises a Dental Surgery on the ground floor and separately accessed residential accommodation arranged on the first & second floors, let on a long lease.
VAT
VAT is not applicable to this lot.
Completion Period
6 week completion
EPC
See legal pack.
Tenancy & Accommodation
Floor
Use
Floor Areas Approx sq m
Floor Areas Approx sq ft
Tenant
Term
Rent p.a.x.
Rent Review
Ground
Dentist
79.71 sq m
(858 sq ft)
VRDC LIMITED (t/a Victoria Road Dental Clinic)(1) with guarantees from Dr U. Patel and Dr N. Upadhyay
15 years from 01/04/2014
£16,500
01/04/2024
First & Second
Residential
-
-
AN INDIVIDUAL
125 years from 29/09/1988
£70
-
Total Commercial Area
79.71 sq m
(858 sq ft)
£16,570
(1) www.thevrdc.com
If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.
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