GET STARTED NOW

Express Interest in this Property

Tesco Express & 2 Restaurants, Ickenham, Greater London

91-97 High Road, Ickenham, Hillington, Middlesex, UB10 8LB

Basic Facts

Property ID: 5234 Post Updated: 2019-06-24 10:41:16
Status: Type:
Tenure: Freehold Gross Rent: £ 89,365
Lease Term: 15 years from Mar '08 VAT applicable: No

Property Description

  • Freehold Blue-Chip Supermarket & Restaurant Investment.
  • Comprising a Ground Floor Double retail unit & 2 Ground Floor Single shops, configured as: Tesco – 3,470 sqft, a Chinese Takeaway and Fish Bar.
  • Separate rear access to residential accommodation sold off on long lease.
  • The property benefits from use of front parking and a rear service road for unloading.

Location Description

  • Ickenham is located in the London Borough of Hillingdon, 2 miles east of Uxbridge town centre and 14 miles west of Central London.
  • Ickenham lies adjacent to the A40 Western Avenue which gives access to the M40, M25, Central London and Heathrow Airport.
  • The property benefits from excellent transport links being on a direct route to the A40 Western Avenue and the surrounding motorway network and                only 400 yards from West Ruislip Station (Central Line & Mainline).
  • Occupying in a prominent position in this fully let attractive parade amongst a variety of traders including Domino’s.
  • The property is located directly opposite a major new residential development comprising 415 new homes plus Heritage Place 80 bed retirement complex.

Additional Notes

  • Unit 91-93, Double unit let to Tesco Stores Ltd for 15 yrs from March 2008 at £46,864 p.a (rent review March 2018, est. at £52,000).
  • Unit 95, let to X. Zheng & X. Yu (Chinese takeaway) for 20 yrs from Dec 2009 at £22,000 p.a (rent review 2019 & 2024, £10,000 Rent Deposit held).
  • Unit 97, let to Ickenham Fish Bar Ltd (with 2 guarantors) for 20 yrs from Oct 2012 at £20,500 p.a (rising to £22,000 in Oct 2020, rent review 2022 & 2027, £4,375 Rent Deposit held).
  • Residential accommodation, 8 Flats sold off on Virtual Freehold Ground Rent at £1 p.a

Features

£1m - £5m
Attractive property
Blue-chip tenant
Customer car parking
Finance available
Freehold
No Break clauses
No VAT applicable
Suitable for a SIPP

View on Map

Current Opportunities

Current Opportunity

Retail & HMO, Southall

2-6 The Broadway, Southall, UK View on map
6701 sq ft
Call for price
Current Opportunity

Tesco Express, Twickenham

246 Powder Mill Lane, Hounslow, UK View on map
Gross Yield % 5.5
4157 sq ft
£ 2,300,000
Current Opportunity

Tesco, Shepherds Bush

Tesco Express, 31 Uxbridge Rd, London W12 8LH, UK View on map
Gross Yield % 5.5
3800 sq ft
£ 2,200,000
Current Opportunity

Vacant Retail Unit, Wokingham

1 Beechey Place, Wokingham, UK View on map
2530 sq ft
£ 600,000
Current Opportunity

Domino’s, Colchester

3 North Station Road, Colchester CO1 1RH, UK View on map
Gross Yield % 6.1
3500 sq ft
£ 450,000
Current Opportunity

Swan Pub, Wimslow

2 Buckingham Rd, Winslow, Buckingham MK18 3DY, UK View on map
Gross Yield % 7.3
2500 sq ft
£ 450,000
Current Opportunity

Bathroom Shop & 8 Flats, Kenton

142-144 Kenton Rd, Harrow HA3 8AZ, UK View on map
8302 sq ft
£ 2,500,000
Current Opportunity

Pizza Hut, St. Albans

18 Beech Rd, St Albans AL3 5AS, UK View on map
Gross Yield % 6
1042 sq ft
£ 440,000

Specsavers, Savers & Comfort Sofa’s

66 Boothferry Rd, Goole DN14 5BT, UK View on map
Gross Yield % 7.9
7586 sq ft
£ 650,000
Current Opportunity

Newly Refurbished Warehouse & Offices, Sutton

5 Sandiford Road, Sutton, SM3 9RN
Gross Yield % 8
11300 sq ft
£ 2,000,000

Boots & Flat, Chingford, Greater London

9-11 Old Church Rd, Chingford Mount, London E4 6SJ, UK View on map
Gross Yield % 5.8
3792 sq ft
Call for price
Current Opportunity

Co-op Food, Bermondsey

Crimscott St, London SE1 5TE, UK View on map
5326 sq ft
£ 2,450,000

Iceland, Houghton-Le-Spring

15 Newbottle St, Houghton le Spring DH4 4AP, UK View on map
1292.70 sq ft
£ 1,300,000
Current Opportunity

Shop & 3 flats, Redhill

3 Brighton Rd, Redhill RH1 6TW, UK View on map
2595 sq ft
£ 950,000

Nail Salon, Stanmore, Greater London

7A The Broadway, Stanmore HA7 4DA, UK View on map
Gross Yield % 5
692 sq ft
£ 425,000
4992 sq ft
£ 3,800,000

Bodycare, West Bromwich

19 St James Pl, Mangotsfield, Bristol BS16 9JB, UK View on map
3713 sq ft
High Yield

Mixed Parade (Card Factory, Greggs & Restaurant), Boscombe

617 Christchurch Rd, Boscombe, Bournemouth BH1 4AP, UK View on map
£ 875,000
Current Opportunity

Victorian Shopping Arcade, Walsall

11 Lower Hall Ln, Walsall WS1 1RL, UK View on map
Gross Yield % 12.2
35724 sq ft
Call for price