July 2022: Tuesday 19 July 2022 - 9:00am
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    Key features

    • Newly constructed commercial space
    • Amounting to 1,054 sqm (11,344 sq ft) over 3 levels
    • Low capital value of £149.85 per sq ft on Guide price.
    • Immediate Asset management opportunities
    • Use Class E - This offers the purchaser to allow multiple business uses to trade from the Unit
    • A large terrace fronting Grand Union canal
    • The vendor is in early discussions with 'Pure Gym' (Gym operator)
    • The vendor has created plans for flexible office/workshop space
    • Alperton Tube station located 0.1 miles from the property
    • 8 week completion

    Description

    The property is a newly developed commercial space split over Lower Ground, Ground and 1st floor level. The property has a large terrace fronting on to Grand union canal.

    Lidl (Supermarket) are opening a new Lidl in the same building. The surrounding area is undergone huge redevelopment with multiple high rise flat schemes not only being built in the existing building but also the immediate vicinity.


    Additional information

    Tenure

    Held on a 999 Year lease - peppercorn rent

    Accommodation

    Lower Ground - an approx. 341 sqm (3,670 sq ft)

    Ground Floor - an approx. 201 sqm (2,163 sq ft)

    1st Floor Level - an approx. 512 sqm (5,511 sq ft)


    Total approx. 1,054 sqm (11,344 sq ft)


    Notes

    VAT is applicable on this sale


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

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      All viewings at this property have now taken place prior to the auction. For further information on the property please download the legal pack or email the property contact.

      Savills are not holding any viewings for this property. For further information please download the legal pack or email the relevant Savills Contact directly.

      Viewings are in the process of being finalised and will be online shortly, please click here for a notification when they go online.

      No set viewings will be available on this property prior to auction due to the tenants in situ. Please refer to the legal pack for further information.

      No set viewings will be available on this property prior to auction due to safety concerns within the property. Please refer to the legal pack for further information.

      There are no formal viewings for this property. You can visit during commercial trading hours as a customer.

      Local information

      The property is located close to the junction of Ealing Road and Bridgewater Road and directly fronts on to Grand Union canal.

      Local shops and amenities can be found directly on Ealing Road with a wider array of amenities located close by in Wembley Central.

      Alperton tube station is located an approx. 0.1 miles from the property.

      Transport

      Alperton Tube Station - Piccadilly tube line services.

      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.

      •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.

      Addendums