The site is located to the rear of Long Drive which is situated off the junction of Victoria Road, the main thoroughfare through the South Ruislip Commercial District. South Ruislip is served by London Underground (Piccadilly & Metropolitan Lines) and Chiltern Railways. The A40 Western Avenue is easily accessible at the Polish War Memorial junction providing access to central London, M40, M25 and the wider motorway network.
Description
A securely gated and fenced, self-contained, hardstanding commercial yard/site of circa 21,052 sq ft (0.48 acres) with the benefit of services. There are currently a number of light industrial units, open storage land and shipping containers on the site which are occupied by five tenants on an informal basis*.
Accommodation
Sizes have been extracted from the VOA business rates valuations, interested parties are advised to carry out their own measurement surveys.
Unit 1
1,713 sqft
159.14 sqm
Unit 2 - Yard
3,855 sqft
358.14 sqm
Unit 3
1,023 sqft
95.04 sqm
Unit 4
1,209 sqft
112.32 sqm
Unit 5
1,215 sqft
112.88 sqm
TOTAL
21,052 sqft (0.48 acres)
1,955.79 sqm (0.19 hectares)
Amenities
Key Features
• Freehold for sale
• Development potential (subject to STPP)
• Suitable for Owner Occupiers
• 21,052 sq ft (0.48 acres) secure site
• Rare freehold opportunity owned by same family for many years
• Hard-standing land with services
• 4 units on-site and 1 open storage yard all currently tenanted, producing an income of £88,400 per annum
• 4 shipping containers suitable for storage and offices
• Potential uses include light industrial, open storage, plant/vehicle parking
• Strategic location with direct access to A40 Western Avenue & motorway network
Tenancy
*The property will be sold subject to five existing tenancies, three of which have been in place for a number of years and are without any formal lease agreements. A prospective purchaser will need to take this into consideration and seek legal advice before making an offer.
Unit 1 - Let to Lowe Autos with an informal lease (holding over) at an annual rent of £18,200.
Unit 2 - Let to AD Haulage Services for a lease term of 2 years (outside 1954 Landlord & Tenant Act) at an annual rent of £18,200.
Unit 3 - Let to Melik Autos for a lease term of 1 year (outside 1954 Landlord & Tenant Act) at an annual rent of £20,800.
Unit 4 - Let to Vogue Autos with an informal lease (holding over) at an annual rent of £20,800.
Unit 5 - Let to Illy - Welder with an informal lease (holding over) at an annual rent of £10,400.
Total income per annum: £88,400
Planning
Established commercial use.
Interested parties are advised to make their own enquiries with the London Borough of Hillingdon.
VAT
Price will be subject to VAT if applicable.
Business Rates
Interested parties are advised to contact the London Borough of Hillingdon to obtain this information.
Legal Costs
Each party to bear their own legal costs.
Listed Features
- Storage
- Parking
- Light Industrial
- Office
- Perimeter Fencing
