Location Estimated District Population: 165,000 Miles: 4 miles south-west of Central London Roads: A4, A304, A308, M4
Position The property is situated in a prominent location on North End Road diagonally opposite its junction with Racton Road and close to its junction with Lillie Road. The area is served by a number of bus routes and London Underground facilities are at Fulham Broadway andWest Brompton stations.
Present Accommodation (approximate areas) Floor
Accommodation
Ground Basement
First First
Betting Office/Ancillary Ancillary
Residential (understood to comprise a Studio, Shower/WC)
Residential (understood to comprise a Studio including Communal Kitchen, Shower/WC)
Second Residential (understood to comprise 2 Rooms, Kitchenette, Bathroom/WC)
Second Residential (understood to comprise a Studio, Shower/WC)
Description BETTING OFFICE arranged on the ground floor and basement and FOUR SELF-CONTAINED RESIDENTIAL UNITS arranged on the first and second floors.
Tenure Freehold.
VAT is not applicable to this lot. Tenant
DONE BROTHERS (CASH BETTING) LIMITED (1)
Term
10 years from 26th November 2010 with a rent review in 2015
(210 sq ft) AN INDIVIDUAL AST from 17th December 2007 at £693.33 pcm
(330 sq ft) AN INDIVIDUAL AST from 24th January 2011 at £671.66 pcm
(305 sq ft) TWO INDIVIDUALS
AST from 3rd December 2007 at £780 pcm
(185 sq ft) AN INDIVIDUAL AST 6 months from 4th July 2011 at £650 pcm
Total Commercial Area 159.32 sq m (1,715 sq ft) (2) Annual equivalent rent. The residential areas are measured on an approximate gross internal basis.
The Special Conditions of Sale and a legal pack are available from the Seller’s Solicitors and are available online at www.cbre.co.uk/auctions. Seller’s Solicitor Hamlins LLP. t: 0207 355 6024. e: mhurst@hamlins.co.uk Ref:MHurst Esq.
Total Rent
Rent £ p.a. £50,000
Licence No. PU1000017316 from Experian Goad, Hatfield Herts. For identification purposes only – please see title documentation.
Extract reproduced from 1998 Edition of the Goad Plan
(1) Trading at BedFred, who for the year to 03/10 reported a total turnover of £3.5 billion, pre-tax profit of £400,000 and total assets of £149 million. (Source: One Source One-Stop Report)
Prominent Freehold Betting Office and Residential Investment
• Shop let to Done Brothers (Cash Betting) Limited
• Shop lease expires November 2020
• Four residential units let on ASTs with opportunity to alter to two flats (subject to consents)
• VAT- free investment and 5Week Completion available