William Hill Bookmakers, 114 Haydons Road, London

Guide price

£150,000

Auction

Size

1,004

Tenure

Freehold

EPC

Parking

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Primary use
Other

No floor / site plan

Key features

  • High Yielding Retail Investment
  • Let to William Hill
  • 15 Year Lease Expiring 2038
  • Index Linked Rent Review
  • Long-Standing Occupiers of 20+ Years
  • Forms Part of a Popular Parade
  • 1,004 sq ft (93.25 sq m)
  • VAT-Free Investment
  • Investment Let at £15,000 p.a. (10% GIY on Guide Price)

Description

The property comprises a high yielding retail investment occupying a prominent pitch on a popular parade.

Arranged as a ground floor retail unit with upper parts, the ground floor is let to William Hill Organization Limited on a 15 year lease expiring 2038 and paying £15,000 per annum. The lease includes a CPI linked rent review in 2028 (cap and collar 5%-10%). There is a further open market rent review and a tenant break option in the 10th year.

The upper parts comprise a flat, which is sold off on a long leasehold basis at a peppercorn ground rent with approx 111 years unexpired.

The property occupies a prominent pitch occupying a popular parade fronting Haydons Road, an arterial route connecting South Wimbledon Underground and Haydons Road Rail Station which serves as the pricnipal retail amenity for the surrounding residential area.
Additional information
Service charge
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Business rates
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Use class
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Listed building
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Energy performance certificate: A

An Energy Performance certificate helps you understand the current energy efficiency of a property.

Read more about EPC requirements

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Environmental data
BREEAM rating

Unclassified

Environmental description
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Read more about energy considerations for commercial property

William Hill Bookmakers, 114 Haydons Road, London

NEAREST STATIONS

National Rail

Haydons Road Station

0.37 miles

London Underground

South Wimbledon Station

0.41 miles

London Underground

Colliers Wood Station

0.41 miles

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Disclaimer - Property reference CDBBD5B5-B2F1-4A33-B4F5-B142F77D50B6. 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 Savills National , Savills Auctions- Commercial. 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.