Home > Auctions > 29 & 30 September 2026 29 September 2026 - 9:00am > Lot 283

29 & 30 September 2026: Tuesday 29 September 2026 - 9:00am
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Property details

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    Key features

    • To be offered on Wednesday 30th September
    • Freehold Betting Office and Residential Ground Rent Investment
    • Part let to William Hill (Holding Over)
    • Well located in a West London parade
    • Benefits from gated service road and parking
    • Asset management opportunity
    • VAT is not applicable
    • Investment let at £6,700 p.a.

    Description

    A freehold mixed-use investment comprising a ground floor retail unit together with a self-contained first and second floor flat above. The ground floor premises are occupied by William Hill and have been comprehensively refurbished and fitted out as a licensed betting office.

    To the rear is secure parking with access via a gated service entrance from the front.

    Additional information

    Tenure

    Freehold

    Accommodation

    Ground Floor - 56 sq m (603 sq ft)

    Tenancy

    1 Dawley Parade

    Let to William Hill Organisation Limited on a full repairing and insuring (FRI) lease for a term of 10 years from September 2008 at a rent of £6,500 per annum. A reversionary lease was granted from September 2018 to September 2023. The tenant is currently holding over, providing potential asset management opportunities.


    1A Dawley Parade

    The upper parts comprise a self-contained first and second floor flat held on a 99-year lease from 25 March 1987 at a current ground rent of £200 per annum until 24 March 2053, rising to £300 per annum thereafter.

    Rent

    £6,700 p.a.

    Notes

    Please note the areas provided are approximate. The photos and any drawings are for illustrative purposes only and may not reflect the exact boundary of the property. The property has not been internally inspected by Savills. Prospective purchasers must rely upon their own enquiries in this regard. Please refer to the legal pack.


    Additional charges and fees might be charged by the seller and/or other third parties. You are strongly advised to read the Special Conditions of Sale for the Lot prior to bidding to check for any additional charges and fees.

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        Local information

        The property is situated in Hayes, a densely populated West London suburb within the London Borough of Hillingdon. Occupying a prominent corner position within Dawley Parade on Dawley Road, the property forms part of an established neighbourhood retail parade serving the surrounding residential area and benefits from convenient access to the A312, A4020 and M4 motorway.

        Transport

        Road: Dawley Road provides direct access to the A312 (The Parkway), which links with the M4 motorway to the south and the A40/M40 to the north, providing excellent road communications across West London and the wider motorway network.

        Rail: Hayes & Harlington Station is located approximately 1 mile to the south-east and provides Elizabeth Line services to Central London, Heathrow Airport and Reading.

        Underground: Hillingdon, Uxbridge and Southall Underground/Elizabeth Line connections are accessible within the wider locality, providing access across the London transport network.

        Air: Heathrow Airport is situated approximately 4 miles to the south-east, one of the UK's principal international airports.

        Bus: Regular local bus services operate along Dawley Road and the surrounding road network, connecting Hayes with Heathrow, Southall, Uxbridge and neighbouring centres.

        Legal documents

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        EPC rating

        If no EPC rating appears please refer to the legal pack.

        Guide prices and common auction conditions

        •Guide prices given are indications within 10% upwards or downwards of where the reserve price may be set at the time of going to print. Please note they are not an indication of the anticipated sale price or a valuation.

        •The reserve price is the minimum price at which the property can be sold.

        •Both the guide price and reserve price may be subject to change up to and including the day of the auction.

        •Some properties might be open to offers prior to auction. Exchange will take place, subject to contract and no higher offers, on auction terms and as per the legal pack. Please contact the auctioneer with your best and final offer, their details can be found on each lot page.

        •For unsold properties after an auction an Available price may be listed. This is the price that the seller(s) are looking for post auction, subject to contract and no higher offers, and has no relation to the guide prices listed prior to the auction sale.

        Please note that all prices listed, whether prior to or post auction, are subject to contract.

        The Auctioneers and sellers accept no responsibility for any loss, cost or damage that a buyer may incur as a result of relying on any guide price. It is the buyer's responsibility to decide how much they should bid for any lot. Please check with us for regular updates as guide prices are subject to change prior to the auction.

        The guide price does not include the buyer's fee charged by the auctioneer or VAT which may apply to the sale or other amounts the seller may charge. The seller's Special Conditions of Sale will state whether there are other seller's charges and whether the seller has elected to charge VAT on the sale price.

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