Property Details - 165 Dukes Road, Acton, London

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Lot 9

The property is situated on the south side of the A40 Western Avenue within a short walk of Park Royal Piccadilly Line Station and also within walking distance of Hanger Lane Central line Station. London Westfield shopping centre is within three miles and the A40 itself connects to Central London, the M40 and the M25 London orbital Motorway. The property is a former warehouse and is operating as an A3 Indian restaurant held on a 25 year lease producing an income of £125,000 per annum from 2nd April 2021. The lease contains five yearly rent reviews and the property is sold with the benefit of the ongoing income. This lot will be of interest to investment purchasers.

ACCOMMODATION

The property has not been inspected by the Auctioneers. However, the VOA lists the unit as 555 sm over ground floor and mezzanine levels.

TENURE

Freehold

LOCAL AUTHORITY & TAX RATING

London Borough of Ealing
Rateable Value £47,000
EPC Band C

VIEWING TIMES

By appointment through the Auctioneers

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Price Information

*Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Additional Fees

Please note that the following additional fees will apply to the purchase of your property:

Buyers Premium of £600 inclusive of VAT
Other fees as listed within the Special Conditions of Sale that form part of the legal pack which is made available to you prior to auction. You will be expected to sign this document as well as the Sales Memorandum at the time of purchase.
Stamp Duty - rates easily available on-line
Your solicitor fees and any survey fees
Insurance - it is your responsibility from the date of exchange to insure the property purchased.

165 Dukes Road, Acton, London

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