329 & 329A, North End Road Fulham London SW6 1NN

329 & 329A, North End Road
Fulham
London
SW6 1NN

Freehold Retail and Residential Investment

  • Shop let to Coral Racing Limited
  • Four Bedroom Flat offered with Vacant Possession
  • Fixed Rental Increase in 2015
  • Affluent and fashionable South-West London location
  • Nearby occupiers include Superdrug, William Hill, Paddy Power and Co-op Supermarket
  • Six Week Completion
  • Rent: £30,000 p.a.x. rising to £34,275 p.a.x. in 2015
  • Lot
    10
  • Auction
    23rd May 2013
  • Rent
    £30,000 per Annum Exclusive
  • Status
    Sold
  • Price
    £885,000
  • Sector
    Leisure
  • Auction Venue
    The Dorchester Hotel
    Park Lane Entrance
    Mayfair
    London W1K 1QA
  • On Behalf of Joint LPA Receivers, Philip Matthews and Edward Starling
  • Expand
  • Photos
  • Map

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

Freehold Retail and Residential Investment

  • Shop let to Coral Racing Limited
  • Four Bedroom Flat offered with Vacant Possession
  • Fixed Rental Increase in 2015
  • Affluent and fashionable South-West London location
  • Nearby occupiers include Superdrug, William Hill, Paddy Power and Co-op Supermarket
  • Six Week Completion
  • Rent: £30,000 p.a.x. rising to £34,275 p.a.x. in 2015
  • Lot 10
  • Auction 23rd May 2013
  • Rent
  • Status Sold
  • Price £885,000
  • Sector
    Leisure
  • Auction Venue
    The Dorchester Hotel
    Park Lane Entrance
    Mayfair
    London W1K 1QA
  • On Behalf of Joint LPA Receivers, Philip Matthews and Edward Starling

Property Information

Location
Miles
0.9 miles to Kings Road, 0.6 miles to Queens Club, 2.2 miles south-west of Hyde Park
Roads
A4, A304, A3218, M4
Rail
West Kensington (Overground & District), West Brompton
(Overground & District), Fulham Broadway (District)
Air
London City, London Heathrow
Situation

Fulham is an affluent and fashionable South-West London suburb some 5.5 miles west of Central London. Earls Court is some 0.6 miles to the east with Putney approximately 2.5 miles to the south west. The property is prominently situated on the eastern side of the busy North End Road, a major route linking Kensington with Fulham Road. Nearby occupiers include Superdrug, William Hill, Paddy Power and Co-op Supermarket.

Tenure

Freehold.

Location
Miles
0.9 miles to Kings Road, 0.6 miles to Queens Club, 2.2 miles south-west of Hyde Park
Roads
A4, A304, A3218, M4
Rail
West Kensington (Overground & District), West Brompton
(Overground & District), Fulham Broadway (District)
Air
London City, London Heathrow
Situation

Fulham is an affluent and fashionable South-West London suburb some 5.5 miles west of Central London. Earls Court is some 0.6 miles to the east with Putney approximately 2.5 miles to the south west. The property is prominently situated on the eastern side of the busy North End Road, a major route linking Kensington with Fulham Road. Nearby occupiers include Superdrug, William Hill, Paddy Power and Co-op Supermarket.

Tenure

Freehold.

Description

The property comprises a ground floor and basement retail unit currently used as a betting shop. In addition there is a residential flat on first and second floors accessed from the rear offering four bedrooms, two WC’s, kitchen and living room.

NB
This property is being marketed for sale on behalf of Joint Law of Property Act Receivers and therefore no warranties or guarantees in any respect, including VAT, can be given. The information in these particulars has been provided by the Joint Law of Property Act Receivers to the best of their knowledge but the purchaser must rely solely upon their own enquiries. The Joint Law of Property Act Receivers are not bound to accept the highest or any offer and are acting in respect of this sale without personal liability.

VAT

VAT is not applicable to this lot.

Viewings

There will be block viewings for this property. Interested parties must register their details with the Auctioneers and provide identification on site. Please contact Gwen Thomas. Tel: +44 (0)20 7034 4857.

EPC

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

Description

The property comprises a ground floor and basement retail unit currently used as a betting shop. In addition there is a residential flat on first and second floors accessed from the rear offering four bedrooms, two WC’s, kitchen and living room.

NB
This property is being marketed for sale on behalf of Joint Law of Property Act Receivers and therefore no warranties or guarantees in any respect, including VAT, can be given. The information in these particulars has been provided by the Joint Law of Property Act Receivers to the best of their knowledge but the purchaser must rely solely upon their own enquiries. The Joint Law of Property Act Receivers are not bound to accept the highest or any offer and are acting in respect of this sale without personal liability.

VAT

VAT is not applicable to this lot.

Viewings

There will be block viewings for this property. Interested parties must register their details with the Auctioneers and provide identification on site. Please contact Gwen Thomas. Tel: +44 (0)20 7034 4857.

EPC

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

Tenancy & Accommodation

Floor Use Floor Areas (Approx) Tenant Term Rent p.a.x Review
Ground
Basement

Betting Shop
Ancillary/
Storage
68.20 sq m
73.50 sq m

(756 sq ft)
(839 sq ft)

CORAL RACING LIMITED (1) on assignment 10 years from 01/12/2010 until 30/11/2020 on a full
repairing and insuring
lease
£30,000 01/12/2015
(2)
First/Second Residential
132.26 sq m
(1,424 q ft)
VACANT POSSESSION    
Totals  
273.96 sq m (3)
(3,019 sq ft) (3)
    £30,000
(rising to
£34,275 p.a.x. in 2015)
 

(1) Coral Racing Limited is part of the Gala Coral Group and, together with the online presence, trade from over 1,700 outlets across the UK. Gala Coral is the third largest bookmaking business in the UK with a market share of approximately 20%. (Source: www.coral.co.uk 22/04/2013).
(2) There is a fixed rental increase to £34,275 p.a.x. in 2015.
(3) The commercial floor areas are stated within the lease. The residential floor areas are GIA.

Property Documents

  • Catalogue Page
    Updated Date
    02.05.13
    File Size
    1 MB
    View PDF
  • Site Map
    Updated Date
    02.05.13
    File Size
    718 KB
    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

Seller's Solicitors
Wedlake Bell Solicitors 52 Bedford Row
London
WC1R 4LR
Patrick McGrath 020 7395 3167pmcgrath@wedlakebell.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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