273/273a High Street Uxbridge London UB8 1LQ

273/273a High Street
Uxbridge
London
UB8 1LQ

Freehold Retail and Residential Investment

Located opposite The Chimes Shopping Centre and 350 metres from Uxbridge Tube Station
Comprises a refurbished shop let to an Estate Agent with a separately accessed two-bed flat above, let on an AST
Estate Agents let to Highgain Properties Limited (t/a Lords Associates of London)
New 15 year lease from 07/04/2022 (subject to option)
5 yearly RPI indexed rental reviews (with collar of 2% and cap of 5%)
VAT-free Investment

Lot
2
Auction
22nd September 2022
Rent
£38,800 per Annum Exclusive
Status
Withdrawn Post
Price
Auction Venue
Live Streamed Auction

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Freehold Retail and Residential Investment

Located opposite The Chimes Shopping Centre and 350 metres from Uxbridge Tube Station
Comprises a refurbished shop let to an Estate Agent with a separately accessed two-bed flat above, let on an AST
Estate Agents let to Highgain Properties Limited (t/a Lords Associates of London)
New 15 year lease from 07/04/2022 (subject to option)
5 yearly RPI indexed rental reviews (with collar of 2% and cap of 5%)
VAT-free Investment

Lot 2
Auction 22nd September 2022
Rent £38,800 per Annum Exclusive
Status Withdrawn Post
Price
Sector
High Street Retail
Auction Venue
Live Streamed Auction

Property Information

Location

Miles: 18 miles west of Central London
Road: A40, M4, M25, M40
Rail: Uxbridge Tube Station (Metropolitan and Piccadilly Line)
Air: Heathrow Airport

Situation

The property is located in the heart of Uxbridge Town Centre, directly opposite an entrance to The Chimes Shopping Centre, who's occupiers include Odeon Cinema, Wagamamas, Nandos, H&M, Pandora, Next, JD Sports, Boots, Cafe Nero, Starbucks Coffee and McDonald's.

Uxbridge Tube Station is less than 350 metres away.

Tenure

Freehold.

Location

Miles: 18 miles west of Central London
Road: A40, M4, M25, M40
Rail: Uxbridge Tube Station (Metropolitan and Piccadilly Line)
Air: Heathrow Airport

Situation

Tenure

Freehold.

Description

The property comprises an Estate Agent arranged on the ground and lower ground floors, with a separately accessed two-bedroom flat on the first floor. The property also benefits from 2 car parking spaces to the side. The property has potential for advertising/signage to the side of the building.

VAT

VAT is not applicable to this lot.

Completion Period

Six Week Completion

EPC

Shop - Band C Flat - Band D

Description

VAT

VAT is not applicable to this lot.

Completion Period

Six Week Completion

EPC

Shop - Band C Flat - Band D

Tenancy & Accommodation

Floor	Use	Floor Areas Approx sq m (1)	Floor Areas Approx sq ft (1)	Tenant	Term	Rent p.a.x.	Rent Reviews
Ground Lower Ground	Retail/Estate Agent Ancillary Car Parking Space	29.10 27.90	(313) (300)	HIGHGAIN PROPERTIES LTD (t/a Lords Associates of London) (2)	15 years from 07/04/2022 (3)	£25,000	06/04/2027 and 5 yearly thereafter to RPI with collar of 2% and cap of 5%
First	Residential-two bed flat			AN INDIVIDUAL	AST 1 year from 1/12/2021 at £1,100 pcm	£13,200
Ground	Car parking - 1 space	-	-	AN INDIVIDUAL	Licence from May 2022 at £50 pcm	£600
Total Commercial Area		57.00	(613)			£38,800

(1) Areas provided by VOA (www.gov.uk/find-business-rates)
(2) (www.lordsassociates.co.uk)
(3) The lease is subject to a single tenant option to determine in 2027

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.