£650,000

Restaurant for sale

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Just added

Guide price

£650,000

Restaurant for sale

Station Road, Hayes UB3

Local area information

Property location

Nearby amenities

  • Botwell House Catholic Primary School 0.1 miles
  • Hayes & Harlington 0.2 miles
  • Tarbiyyah Primary School 0.3 miles
  • Southall 1.8 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Prime location
  • Close to transport links
  • Terraced shop with a three bedroom flat above
Summary

For sale via secure sale online bidding - terms and conditions apply.
Freehold for sale - business not affected



Situated in this prime high street location close to Hayes & Harlington station is this freehold terraced shop with a three bedroom flat above arranged over two floors.

Shop
Situated on Station Road and is currently a chicken shop on a 16 year lease (started 2021) with a current annual rent of 25,000 and a rent review due in 2025. The lease is a full repairing and insuring (Fri) lease.

Flat
The flat although currently tenanted will be offered with vacant possession, estimated12months and currently offers an annual rent of 12,384.00, however this is believed to be below the current valuation, which is estimated at 18,000pa.

Please note we have not inspected this property.

Location

Situated in this prime high street location close to Hayes & Harlington station is this freehold
terraced shop with a three bedroom flat above arranged over two floors.

Accommodation

Terraced shop with a three bedroom flat above arranged over two floors.
Shop
Situated on Station Road and is currently a chicken shop on a 16 year lease (started 2021)
with a current annual rent of 25,000 and a rent review due in 2025. The lease is a full repairing
and insuring (Fri) lease.

Tenure

Freehold. Title number AGL58259
Leasehold of 6 years commencing on and including 27 January 2021 and expiring on 26 January 2037. Title number AGL595577

Rateable Value

The adopted rateable value is 19,000 from 1 April 2023

Council Tax

Band C

EPC

Available upon request ( Rating D )

Additional Information

For further information please contact our office directly on , or alternatively via email on . With regards to viewing property, this is to be done strictly by appointment.

Auctioneers Additional Comments

Pattinson Auction are referred to below as The Auctioneer. This auction lot is being sold under either conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between any marketing agent and The Auctioneer so that all matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid on any property marketed by The Auctioneer, all bidders buyers must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure aml procedures are carried out in accordance with the law

Auctioneers Additional Comments

The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the Guide Price, Starting Bid. These prices are subject to change. An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers obligations and sellers commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

Auctioneers Additional Comments

In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and the Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.

More information

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Property descriptions and related information displayed on this page are marketing materials provided by - Pattinson - Commercial. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Pattinson - Commercial for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. London
  4. Hillingdon (London Borough)
  5. Hayes
  6. Station Road