1 & 1A Dawley Parade, Dawley Road, Hayes, UB3 1EA

StrapLine

Auction Sale - 29/09/2026 - To book viewings, view the legal pack and register to bid please refer to the full sales particulars on the Savills Auctions website

Freehold Betting Office and Residential Ground Rent Investment part let to William Hill (Holding over). Asset management opportunity. Current rents £6,700 p.a.

Description

A freehold mixed-use investment comprising a ground floor retail unit together with a self-contained first and second floor flat above. The ground floor premises are occupied by William Hill and have been comprehensively refurbished and fitted out as a licensed betting office.

To the rear is secure parking with access via a gated service entrance from the front.

Location

The property is situated in Hayes, a densely populated West London suburb within the London Borough of Hillingdon. Occupying a prominent corner position within Dawley Parade on Dawley Road, the property forms part of an established neighbourhood retail parade serving the surrounding residential area and benefits from convenient access to the A312, A4020 and M4 motorway.

Transport

Road: Dawley Road provides direct access to the A312 (The Parkway), which links with the M4 motorway to the south and the A40/M40 to the north, providing excellent road communications across West London and the wider motorway network.

Rail: Hayes & Harlington Station is located approximately 1 mile to the south-east and provides Elizabeth Line services to Central London, Heathrow Airport and Reading.

Underground: Hillingdon, Uxbridge and Southall Underground/Elizabeth Line connections are accessible within the wider locality, providing access across the London transport network.

Air: Heathrow Airport is situated approximately 4 miles to the south-east, one of the UK's principal international airports.

Bus: Regular local bus services operate along Dawley Road and the surrounding road network, connecting Hayes with Heathrow, Southall, Uxbridge and neighbouring centres.

Tenancy

1 Dawley Parade

Let to William Hill Organisation Limited on a full repairing and insuring (FRI) lease for a term of 10 years from September 2008 at a rent of £6,500 per annum. A reversionary lease was granted from September 2018 to September 2023. The tenant is currently holding over, providing potential asset management opportunities.

1A Dawley Parade

The upper parts comprise a self-contained first and second floor flat held on a 99-year lease from 25 March 1987 at a current ground rent of £200 per annum until 24 March 2053, rising to £300 per annum thereafter.

Accommodation

Ground Floor - 56 sq m (603 sq ft)