Location Estimated District Population: 119,000 Miles: 4 miles south-east of Slough 22 miles west of Central London
Roads: A4, M4, M25
Position The property is located on a prominent roadside location on the Colnbrook By-pass, just over a mile north-west of Heathrow Airport’s Terminal 5. The by-pass provides direct access to the M4 at Junction 5 and Junction 14 of the M25. The property adjoins a BP Petrol Filling Station.
Description NIGHTCLUB arranged on the ground and first floors. The property benefits from a large car park to the front, side and rear with space for about 94 cars. The site area of the property is approximately 0.77 hectares (1.91 acres)
Accommodation
Tenure Freehold.
Tenant ILLUMINATI (GB) LIMITED (1)
Lease Term: 30 years from 28th September 2001 Basis: FRI Rent: £70,000 per annum Reviews: 2011 and 5 yearly thereafter and the penultimate day of the term
Expiry: September 2031
VAT is applicable to this lot (but can be a TOGC) – please see Special Conditions of Sale.
Planning All enquiries should be directed to Slough District Council on 01753 475111.
(1) Trading as Beavers Heathrow. Beavers also trade from another nightclub inWatford (www.beaversuk.com). NB. There is an electricity sub-station on the site which is subject to a lease to Southern Electric plc for a term of 99 years from 16th July 2001 at a peppercorn rent (if demanded).
Rent £70,000 pa
Freehold Nightclub Investment close to Heathrow Airport
• Let to Illuminati (GB) Limited (on a Free of Tie lease)
• Lease expires 2031 (No breaks) • 2011 rent review outstanding • Prominent position on A4
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 Addleshaw Goddard LLP. t: 0207 160 3301. e: kathryn.green@addleshawgoddard.com Ref: Ms K Green.