VDBM Chartered Surveyors, Middlesex

Units 2A, 2B & 2C, Phoenix Works, Cornwall Road, Hatch End, HA5 4UH

£700,000

Size

2,391

Tenure

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EPC

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Parking

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Primary use
Commercial development
Other use(s)
Other

No floor / site plan

Key features

  • FULLY LET INVESTMENT
  • DEVELOPMENT POTENTIAL
  • POPULAR LOCATION
  • YOGA/CLUB/RETAIL USES
  • LEASES OUTSIDE LTA 1954
  • SHORT TERM LEASES

Description

INVESTMENT / DEVELOPOMENT A rare opportunity to purchase an investment property with redevelopment potential. The property comprises three adjoining single storey buildings used as a yoga studio, private members club and a beauticians.

Our client is selling the freehold interest subject to three leases which are outside the security of tenure provisions of the Landlord & Tenant Act 1954.

UNIT 2A
Four years from 22.06.24 at a rent of £19,000 pa for two years rising to £20,000 pa. Tenant break 22.06.26

The tenant is Yoga Collective London Limited with a guarantor and there is a rent deposit.

UNIT 2B
Five years from 18.04.24 at a rent of £20,000 pa. There are rolling mutual break clauses after 18.04.26.

The tenants are four individuals and there is a rent deposit.

UNIT 2C
Let on a 5 year lease from September 2025 subject to a tenant only break clause after 2 years. Rent £8,000 pa.

The tenant is an individual with a guarantor and rent deposit.

Location

The property is situated in a service road off Cornwall Road running behind the shops on the south side of Uxbridge Road. Hatch End is an affluent residential area well known for its large range of high quality restaurants, beauty and skin treatment services and furnishing stores. There are also a number of retail outlets including a large Morrisons Food Store.

Hatch End Station is nearby and provides rail access to Central London and Watford.

By road, the M1 and A41 are within 15-20 minutes drive.

Buyers Information: In compliance with the UK's Anti Money Laundering (AML) regulations, we are required to confirm the identity of all prospective buyers at the point of an offer being accepted and use a third party, Identity Verification System to do so. There is a nominal charge of £25 (per person) including VAT for this service. For more information, please refer to the terms and conditions section of our website.

Strictly by appointment through VDBM.
toby.

An energy performance certificate (EPC) is available upon request. The properties have the following ratings of:-

Unit 2A - D (77)
Unit 2B - C (74)
Unit 2C - B (38)
VDBM Chartered Surveyors, Middlesex

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Additional information
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Environmental data
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Brochure

Units 2A, 2B & 2C, Phoenix Works, Cornwall Road, Hatch End, HA5 4UH

NEAREST STATIONS

London Overground

Hatch End Station

0.28 miles

London Overground

Headstone Lane Station

0.82 miles

London Underground

Pinner Station

0.98 miles

About VDBM Chartered Surveyors, Middlesex

VDBM Chartered Surveyors, Middlesex

At VDBM, we combine property expertise with a genuinely personal approach.

As independent Chartered Surveyors, we advise property owners, investors and occupiers across every stage of the property lifecycle — from management and agency to acquisitions, valuations and lease advisory.

We take the time to understand our clients, their properties and their objectives, providing practical, commercially focused advice designed to protect and enhance the value of their assets.

Whether you're looking to let or sell commercial property, our experienced agency team provides expert marketing, sound market advice and skilled negotiation to secure the best possible outcome.

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Disclaimer - Property reference 1346FH. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by VDBM Chartered Surveyors, Middlesex. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.