Coningham Arms, 191 Uxbridge Road, W12

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Key Points

Summary

Freehold public house investment for sale let until December 2031 at a current rent of £95,062 per annum

Description

The property comprises the ground, basement and three upper floors of a four storey end of terrace building with granite and brick elevations beneath a part mansard and part flat roof.

Location

Located in West London within the London Borough of Hammersmith & Fulham, 3.0 miles (4.8 kilometres) east of Ealing and 4.8 miles (7.7 kilometres) west of central London.

The Coningham is situated at the intersection between Uxbridge Road and Percy Road in a mixed commercial and residential area. Nearby occupiers include the Co-op, Ladbrokes, KFC and a number of independent retailers.

Availability_text

The accommodation comprises the following areas:

Ground Floor: The ground floor provides an open plan trading area with bar servery to one side and seating on loose tables, chairs and bench seating for 65 customers. Customer WC’s are also provided at this level.

Basement: The basement provide cellar and stores.

First Floor: The first floor provides a catering kitchen, living room, bedroom and bathroom.

Second Floor: The second floor floor provides 3 bedrooms, a bathroom and two bathrooms.

Third Floor: The third floor provides a further 3 bedrooms.

Tenure

The property is held freehold (Title Number BGL4804).

Tenancy

The entire property is let to a private individual on a 30 year lease from 3 December 2001 at a current rent of £95,062 per annum which is subject to annual uncapped RPI increases. A rent deposit of £22,549 is held by the landlord.

Planning

The property is not listed or situated within a conservation area.

VAT

It is envisaged that the property will be sold as a TOGC so the transaction should therefore be exempt from VAT on the basis the purchasing entity is VAT registered.

EPC

In the course of preparation.

Terms

We are instructed to invite offers in excess of £1,350,000 (6.64% NIY) assuming the usual purchasers costs.

Fixtures and Fittings

The fixtures and fittings are currently owned by the occupational tenant.

Money Laundering

Money Laundering Regulations require Savills to conduct checks upon all prospective purchasers. Prospective purchasers will need to provide proof of identity and residence.

Similar Investment Opportunities

If you have an ongoing requirement for similar investment opportunities then please visit the following website for a selection of properties we are currently marketing: https://sites.savills.com/stonegateportfolio

Viewings

All viewings must be made by prior appointment and under no circumstances should any direct approach be made to any of the occupational tenants staff.

For further information and all viewing requests please contact the sole selling agents Savills.