65 High Street

Ruislip, Middx, HA4 8JE

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Sold
Property Type Investment
Availability For Sale
Size 1,755 to 2,318 sq ft
Price Offers in the region of £850,000
Business Rates £25,532 payable by the tenant HSBC in relation to the commercial element of the property.
Service Charge Within the commercial lease there is a service charge payable for upkeep of the common areas.
Energy Performance Rating Upon enquiry

Freehold Investment - 1755 sq.ft. retail unit let to HSBC Bank, a vacant renovated 2 bedroom flat plus car park.

Location

The property is situated in a prime retail pitch opposite the High Street junction with Ickenham Road. HSBC Bank is situated between The National Westminster Bank and Boots, next to the pedestrian crossings.

Key Points

  • Prime retail pitch
  • On site parking
  • Retail tenant until mid 2023
  • Two bedroom flat vacant and refurbished

Description

The demise forms the entire ground floor together with a rear car park accessed via a common service drive and first floor maisonette. The property has a retail frontage of approximately 22 feet and a built depth in the order of 90 feet. The ground floor tenant, HSBC Bank, has carried out various improvements based on their occupational requirements to incorporate a banking hall, client meeting rooms, a strong room, general back office area, staff room and associated cloak rooms.

Ground Floor and Lease

The ground floor extends too approximately 1,755 sq.ft. and is held by HSBC UK Bank PLC from 26th July 2018 for a term to 25th July 2023 to include A1 and A2 uses. The rent is £35,000 p.a.x. The tenant has the right to park 2 cars in the car park at the rear of the building. The tenant is obliged to keep the premises and all tenant’s trade fixtures in good and substantial repair and condition. The lease is held within The Security of Tenure Provisions of The Landlord & Tenant Act (1954).

In addition the first floor 563 sq.ft approx 2 bedroom maisonette, comprises the following approximate accommodation.

Entrance and Kitchen 10 feet x 10 feet Bathroom 8 feet x 6 feet Living Room 10 feet x 16 feet 8 inches Bedroom 1 11 feet x 10 feet Bedroom 2 10 feet x 12 feet 9 inches Gross Internal Area 563 sq.ft. approx. Net Internal Area 532 sq.ft. approx. Plus on site parking for at least 1 car.

VAT

We are advised VAT is not applicable.