4 Oaklands Gate, Northwood, Middlesex, HA6 3AA

Lot Image

Auction sale - Monday 13th July 2015

Result:

Sold for £575,000.

  • Long leasehold first floor offices
  • Residential conversion opportunity (subject to necessary consents)
  • About 2,067 sq ft (192.03 sq m)
  • Town centre location
  • Vacant possession

Addendum

VAT is not payable on the purchase price.

Viewings

Friday 3rd and 10th July at 10.30am

Details

Location

Northwood is a thriving London suburb and is located about 15 miles north-west of central London and 3 miles north of Ruislip. The area is served with excellent road and rail access, being about 3 miles away from junctions 17 and 18 of the M25 motorway and 5 miles south-west of the M1 motorway (Junction 5). The property is located on Green Lane at its junction with Oaklands Gate, near Northwood underground station (Metropolitan Line). Nearby occupiers include Costa and Waitrose.

Description

The property comprises the entire first floor totalling about 2,067 sq ft (192.03 sq m) of a larger, three storey property of traditional construction consisting of a ground floor bank, first floor offices and a second floor flat. The first floor is currently accessed via a shared entrance from Oaklands Gate (shared with the second floor flat), but benefits from having a second entrance from the rear.

Tenure

Leasehold. Held on a lease for a term of 125 years from completion at an initial ground rent of £100 per annum.

Planning Authority

London Borough of Hillingdon (01895 250230) www.hillingdon.gov.uk.

Planning & Development

The offices could be converted to flats subject to obtaining the necessary consents.

VAT

VAT is payable.

Energy Performance Certificate

For EPC Rating please see website.

Address Floor Use Sq M Sq Ft
TOTAL 192.03 2,067
4 Oaklands Gate First floor Offices 192.03 2,067

Contact

Seller's solicitor

DLA Piper UK LLP

Sarfraz Iqbal

0113 369 2842

sarfraz.iqbal@dlapiper.com

* Guide price

The guide price is an indication of the minimum price at which, or if a guide price range is given, within which, the seller is prepared to sell at the date of publication. The guide price is not an anticipated sale price or valuation. All prices quoted are subject to contract.

* Reserve price

The reserve price is the minimum price acceptable to the seller and the price below which the auctioneer cannot sell.

Both the guide and reserve may be subject to change up to and including the day of the auction. The guide price does not include either VAT which may apply to the sale or other amounts the seller may charge. The seller’s Special Conditions of Sale and addendum if any, will state whether there are other seller’s charges and whether the seller has elected to charge VAT on the sale price. On the fall of the hammer a buyer’s fee is payable of £990 inclusive of VAT.

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