Auction House London

Lot 10

Retail Property (high street) - Commercial Property 

31A The Broadway

Greenford, Middlesex, UB6 9PN

£375,000+

Guide Price (plus fees)

A Mid Terrace Building Arranged to Provide a Ground Floor Retail Unit Let Producing £24,800 Per Annum.

Description

The property comprises a a mid terrace building arranged to provide a ground floor retail unit and a first floor former snooker hall which has been sold off on a long lease.

Tenure

Freehold

Location

The property is situated on a busy commercial road. Nearby multiples include Boots Opticians, Halifax and Iceland. Transport links are provided by Greenford underground and rail stations (Central line).

Note

Ladbrokes Betting & Gaming Ltd have been in occupation since 1990 and were previously paying a rent of £31,000 per annum however the rent was renegotiated down to £24,800 per annum during the Covid-19 lockdown.

VAT

VAT is applicable (TOGC available)

Accommodation & Tenancy Schedule

Property Floor Accommodation Tenancy Details Current Rent
31A Ground Retail Area, Rear Office, WC Let on a 6 year FRI lease to Ladbrokes Betting & Gaming Ltd from 25th December 2020 £24,800 Per Annum
31B First Former Snooker Hall Sold off on a 999 year lease Peppercorn

Additional Fees

Administration charge: £1,200 including VAT unless otherwise stated in the addendum.

Buyers Premium and Disbursements: Please see the legal pack and the addendum for any disbursements and buyers premium that may be payable by the purchaser on completion.

Download Legal PackView Details as PDFEnquire NowFinance AvailableRegister to Bid
Viewing Schedule (No Booking Required)

Monday 25th October12:00 - 12:30

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For further information, please register for the legal pack. To speak to a member of our team about this lot, please call us on 020 7625 9007 or email us at info@auctionhouselondon.co.uk

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Enquire about 31A The Broadway, Greenford, Middlesex, UB6 9PN

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