For Sale - NovaLoca

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For Sale On behalf of the Joint Administrators of St John Spencer Estates and Developments Ltd

Retail Opportunity

Retail Units, 92 - 104 High Street, Yiewsley, West Drayton, UB7 7QH

September 2013

 Up to 14,000 sq ft of vacant retail space (A1) available  999 year lease for sale  Unconditional offers invited  Bid deadline 12 noon Wednesday 20th November 2013

gva.co.uk/6820

Location

Planning

The property is located in Yiewsley within the London Borough of Hillingdon. Yiewsley is approximately 0.5 miles north of West Drayton and 2 miles south of Uxbridge.

The development completed in Q1 2012 under the following planning permission:

West Drayton Railway Station is less than a 5 minute walk from the property and has frequent services to London Paddington in less than 25 minutes. There is a good network of local bus services that serve the surrounding town centres, as well as excellent road communications, with both the M4 and M25 in close proximity.

59189/APP/2005/3476 – Erection of a 4 storey building for a mixed use development comprising retail units (Class A1) at ground floor and 54 residential units on the upper floors (Class C3) Interested parties are advised to make their own planning enquiries to the local planning authority, the London Borough of Hillingdon.

Tenure The interest being sold is the long leasehold (999 years) of the ground floor retail space. The lease, associated plan and further information can be downloaded from the GVA website; www.gva.co.uk/6820

Viewing Viewings are by appointment only. If you wish to arrange a viewing please use the contact details below.

Terms Property Description The ground floor retail space of this new build development benefits from just over 140ft (43m) of retail frontage and totals approximately 14,000 sq ft (NIA) in area. The retail space is finished to a shell specification with the potential to be split into 4 separate units. The leasehold sale includes the right to use 15 car parking spaces in the basement of the property. The property occupies a corner position, fronting the High Street to the west and Fairfield Road to the north. The units are surrounded by a variety of local shops and other retail occupiers including Morrisons and Aldi.

Business Rates The premises are yet to be assessed.

VAT

Unconditional offers invited. Informal tenders should be sent to GVA, 10 Stratton Street, London, W1J 8JR, for the attention of Joe Wherity or emailed to [email protected]. Tenders should be submitted by 12 noon Wednesday 20th November 2013 on the bid proforma available from GVA on request. For further information and viewings please contact:

Isabelle Garner T: 020 7911 2191 E: [email protected] Jonathan Bernstein T: 020 7911 2403 E: [email protected] Joe Wherity T: 020 7911 2445 E: [email protected]

VAT is applicable; a letter from HMRC is available to download from the GVA website.

GVA is the trading name of GVA Grimley limited, conditions under which particulars are issued by GVA Grimley Limited for themselves, for any joint agents and for the vendors or lessors of this property whose agents they are, give notice that: (i) the particulars are set out as a general outline only for the guidance of intending purchases or lessors and do not constitute, nor constitute part of, an offer or contract. (ii) all descriptions, dimensions, references to condition and necessary permission for use and occupation, and other details, are given in good faith and are believed to be correct but any intending purchasers or tenants should not rely on them as statements or representations of fact but satisfy themselves by inspection or otherwise as to the correctness of each of them. (iii) no person in the employment of GVA Grimley Limited or any joint agents has any authority to make or give any representation or warranty whatever in relation to this property. (iv) all rentals and prices are quoted exclusive of VAT Reproduced by courtesy of the Controller of HMSO Crown Copyright reserved. Licence No 774359. If applicable, with consent of Chas E Goad, Cartographers, Old Hatfield, Geographers A-Z Map Co Ltd and/or The Automobile Association. For identification purposes only.