Grocery & Local Shops for sale in the Iver, UK

Commercial Property in Iver available for sale

Grocery & Local Shops for Sale Within 5 miles of the Iver, UK

More details for 21-23 High St, West Drayton - Retail for Sale

Drayton Wharf - 21-23 High St

West Drayton, UB7 7QG

Office / Retail for Sale
£625,000
1,590 sq ft
1 Unit Available

West Drayton Retail for Sale - Yiewsley

The property will be sold and leased back by Charles Cameron Residential Limited for 15 years on a Full Repairing & Insuring lease which will incorporate a Tenant's opportunity to Break on the 5th and 10th anniversaries. There will be an upward only rent review after 5 years and the commencing rent will be £50,000 pa exclusive of all other outgoings including rates and service charges shown. Privately owned and run, proudly independent and with an enviable reputation, the Cameron Group is a multiaward-winning estate agency and lettings management company. With over 30 years’ experience in the West Drayton, Uxbridge and wider Middlesex area, the team at Cameron has extensive expertise in buying, selling, letting and renting property. Cameron also provides advice on land and new homes and benefits from its own dedicated in-house property management team, offering unparalleled professionalism combined with exceptional personal service. The property is held on two long leasehold interests from November 2016 and therefore each has 116 years unexpired. Offers are sought in region of £695,000 for the long leasehold interests.

Contact:

Rose Williams

Date on Market:

16/05/2025

Hide

More details for Station Rd, Hayes - Retail for Sale

Vantage Building - Station Rd

Hayes, UB3 4FL

Retail for Sale
£312,000
1,475 sq ft
1 Unit Available

Security System

Hayes Retail for Sale

Play Hayes have been in occupation since 2013 having renewed their lease on 10th October 2023 on an effective Full Repairing and Insuring 20 year lease, held outside the security of tenure provisions of the Landlord & Tenant Act, expiring on 9th October 2043. The current rent payable is £29,500 pa (equivalent to £20 per sq.ft) with 5 yearly upward only, open market rent reviews, the next in October 2027. There is a tenant only break option on 9th April 2027 on 6 months prior notice. In the event that the break is not operated the tenant will be provided four months rent-free. There is a rent deposit of £11,250. Being offered for sale on a virtual freehold basis (999 years from 2020 at a peppercorn rent) for £312,000 (equivalent to £211 per sq.ft). A sale at this level would produce a 9.16% Net Initial Yield.