184, 184A & 184B, Field End Road, HA5

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Key Points

Summary

Prominent Freehold Building - For Sale

Description

The building comprises a prominent ground-floor bar and residential uppers, including a 6-bedroom flat. The ground floor is well fitted to provide an open-plan area and a fully fitted bar with kitchen and toilets. To the rear is a large garden and a separate outbuilding.

The current owners of the building occupy the ground floor which is a well-known local bar / public house which opened 45 years ago (established in 1979). The site continues to be popular with local customers and continues to trade well to this day.

The ground floor could be reconfigured into a retail unit or restaurant with a covered outdoor area to the rear STPP.

Our clients also have historic plans prepared to create 6 luxury apartments on the uppers which can be shared upon request.

Location

This building is situated on Field End Road known as Eastcote’s High Street, a busy parade of local and independent retailers. Eastcote Underground Station is 0.1 mile from the property, served by the Piccadilly Line and Metropolitan Line providing links into Central London in 36 minutes. By road, the A40 Western Avenue is 2.5 miles away providing easy access to London and the M25 and M40 Motorways.

Availability_text

The accommodation comprises the following areas:

Income / Tenancies

184 Field End Road
The current owners of the building occupy the ground floor.
The ERV of the ground floor if let on the open market is approx. £50,000.00 per annum exclusive.
184A Field End Road
Our clients own the freehold of the taxi office which is sold off on a long lease with approx. 81 years unexpired at a peppercorn rent.
184B Field End Road
The residential upper parts are currently income producing £47,890.00 per annum exclusive. Total likely income once fully let £97,890.00 per annum.