TypeRetail Investments · Ground Rents

TW14 90 Harlington Road West, Feltham

TenureFor sale

90 Harlington Road West, Feltham, TW141/10

Specification

Building size
Building size1,034sqft
Property type
Property typeRetail Investments · Ground Rents
Tenure
TenureFor sale

Description

INVESTMENT - The property comprises a ground floor commercial investment prominently positioned on the corner of Harlington Road West and Lansbury Avenue, together with ancillary external storage/garage accommodation. The ground floor extends to approximately 722 sq ft, exclusive of the toilet area, and is occupied by Ladbrokes Betting & Gaming Limited, who have traded from the property for at least 25 years. A separate store/garage of approximately 312 sq ft is situated to the rear and accessed from Lansbury Avenue.

A new 10-year lease renewal has been agreed with Ladbrokes Betting & Gaming Limited from completion, at a passing rent of £14,000 per annum exclusive, on full repairing and insuring terms. The lease provides for a rent review at the fifth year and a tenant-only break option after five years. The long-standing occupation, together with the agreed lease renewal, provides an incoming purchaser with an established commercial investment and rental income from completion.

The first-floor residential flat, known as 90A Harlington Road West, has been sold off on a long lease dated 14 December 2010 and expiring 13 June 2079, at a peppercorn ground rent and on full repairing and insuring terms. The flat has not been internally inspected for the purposes of these marketing particulars.

LADBROKES IN OCCUPATION FOR 25 YEARS

NEW 10 YEAR LEASE AGREED AT £14,000 PAX

PROMINENT CORNER POSITION

722 SQ FT GROUND FLOOR

ADDITIONAL 312 SQ FT STORE/GARAGE

5 YEAR RENT REVIEW

Location

The property is prominently situated on Harlington Road West, a busy and well-established thoroughfare forming part of the A312, providing an important north-south route through West London and connections towards Heathrow and the A316. The property occupies a highly visible corner position at the junction with Lansbury Avenue, benefiting from excellent exposure to passing vehicular and pedestrian traffic.

The surrounding area comprises a mixture of established residential neighbourhoods and commercial uses, providing a strong local catchment. The property forms part of an established parade of shops and commercial premises offering a variety of everyday goods and services, serving both the surrounding residential population and passing traffic.

Buyers Information: In compliance with the UK's Anti Money Laundering (AML) regulations, we are required to confirm the identity of all prospective buyers at the point of an offer being accepted and use a third party, Identity Verification System to do so. There is a nominal charge of £30 (per person) including VAT for this service. For more information, please refer to the terms and conditions section of our website.

Each party to bear their own legal costs.

Strictly by appointment through VDBM.

toby.woodward@vdbm.co.uk 01923 845221

andrei.amaricai@vdbm.co.uk 07498 346606

An energy performance certificate (EPC) is available upon request. The shop has an energy rating of B (35).

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