Lot 25 details
6 Week completion
Occupying a prominent position close to the Junction with Ickenham Road, adjacent to WH Smith and amongst such other multiples as M&S Simply Food, Halifax, Costa, Pizza Express, Boots Pharmacy, Tesco Express, KFC, NatWest, Lloyds Bank and many others as well as being approx. 500 yards distance to Ruislip Underground Station (Piccadilly & Metropolitan Lines).
Ruislip is a busy commuter suburb lying approx. 12 miles north-west of Central London with good road links via the A40 (M) Western Avenue.
An attractive and substantial terraced building comprising a deep Ground Floor Double Shop with separate rear access to 2 Self-Contained Flats on the first, second and third floors.
In addition, the property benefits from a rear service road for unloading and parking.
VAT is NOT applicable to this Lot
Ground Floor Double Shop
Gross Frontage 28'8"
Built Depth 109'10"
Area Approx 2,423 sq ft2
First Floor Flat
2 Bedrooms, Living Room, Kitchen, Bathroom/WC
Second & Third Floor Flat
3 Bedrooms, Living Room, Kitchen, Bathroom/WC
1 Not inspected.
2Area from VOA.
The entire property is let on a full repairing and insuring lease (excluding latent or inherent defects) to The Edinburgh Woollen Mill Limited as a Fashion Retailer (having 265 branches) (T/O for Y/E 27/2/16 £168.7m, Pre-Tax Profit £24.68m and Shareholders' Funds £144.8m) for a term of 15 years from 25th December 2006 at a current rent of £61,000 per annum exclusive.
Rent Reviews 2016 outstanding.
Note: There may be development potential on the rear flat roof, subject to obtaining the necessary consents.