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FREEHOLD COMMERCIAL INVESTMENT PROPERTY IN PRIME LOCATION

Lot 94

4 Douglas Road, Hounslow, Middlesex

Photo of 4 Douglas Road, Hounslow, Middlesex
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FREEHOLD COMMERCIAL INVESTMENT PROPERTY IN PRIME LOCATION

Lot 94

This spacious two storey freehold detached building issituated in a side road off the main Hounslow High Streetand currently trades as an Indian Restaurant withbanqueting hall above. The property is let on a 20 yearlease from 1st May 2008 at an initial rent of 44,500 pa on afull repairing and insuring basis with four yearly rentreviews. There is a six month rent deposit being held andin our opinion this property is under let. The buildingitself offers potential for development subject toobtaining any necessary planning consent and is sold withthe benefit of the ongoing investment income.

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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.

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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.

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