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Coningham Arms, 191 Uxbridge Road, London, W12 9RA

Offers in Excess of
£1,350,000

£230.22 per sq ft

Business rates & charges may apply

Savills, Margaret Street - Licensed Leisure
SIZE AVAILABLE

5,864 sq ft

545 sq m

SECTOR

Commercial property for sale

Key features

  • Freehold public house investment
  • Entire property let to a private individual
  • Property arranged over four levels: basement, ground, first and second floors extending to 5,864 Sq Ft (545 Sq M)
  • Current rent of £95,062 per annum
  • We are instructed to invite offers in excess of £1,350,000 (6.64% NIY)
  • Site extending to 0.063 acres
  • Lease expires December 2031
  • The rent is subject to annual uncapped RPI increases
  • Business unaffected by sale

Description

Description
The property comprises the ground, basement and three upper floors of a four storey end of terrace building with granite and brick elevations beneath a part mansard and part flat roof.

Location
Located in West London within the London Borough of Hammersmith & Fulham, 3.0 miles (4.8 kilometres) east of Ealing and 4.8 miles (7.7 kilometres) west of central London.

The Coningham is situated at the intersection between Uxbridge Road and Percy Road in a mixed commercial and residential area. Nearby occupiers include the Co-op, Ladbrokes, KFC and a number of independent retailers.

Tenure
The property is held freehold (Title Number BGL4804).

Tenancy
The entire property is let to a private individual on a 30 year lease from 3 December 2001 at a current rent of £95,062 per annum which is subject to annual uncapped RPI increases. A rent deposit of £22,549 is held by the landlord.

Planning
The property is not listed or situated within a conservation area.

VAT
It is envisaged that the property will be sold as a TOGC so the transaction should therefore be exempt from VAT on the basis the purchasing entity is VAT registered.

EPC
In the course of preparation.

Terms
We are instructed to invite offers in excess of £1,350,000 (6.64% NIY) assuming the usual purchasers costs.

Fixtures and Fittings
The fixtures and fittings are currently owned by the occupational tenant.

Money Laundering
Money Laundering Regulations require Savills to conduct checks upon all prospective purchasers. Prospective purchasers will need to provide proof of identity and residence.

Similar Investment Opportunities
If you have an ongoing requirement for similar investment opportunities then please visit the following website for a selection of properties we are currently marketing:

Viewings
All viewings must be made by prior appointment and under no circumstances should any direct approach be made to any of the occupational tenants staff.

For further information and all viewing requests please contact the sole selling agents Savills.

Brochures

Coningham Arms, 191 Uxbridge Road, London, W12 9RA

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Shepherd's Bush (Hammersmith & City) Station0.5 miles
  • Goldhawk Road Station0.6 miles
  • Wood Lane Station0.6 miles

About Savills, Margaret Street - Licensed Leisure

33 Margaret Street, London, W1G 0JD

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 288835-1. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Savills, Margaret Street - Licensed Leisure. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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