127-128 High Street, Uxbridge UB8 1DJ RETAIL AND OFFICE INVESTMENT, FOR OWNER OCCUPATION OR REDEVELOPMENT, WITH POTENTIAL FOR A MIX OF COMMERCIAL AND RESIDENTIAL SPACE 1 127-128 High Street, Uxbridge UB8 1DJ Executive Summary • Retail and office investment, for owner occupation or redevelopment, with potential for a mix of commercial and residential space. • Located in a prominent position on Uxbridge High Street moments from Uxbridge Underground Station. • Excellent connectivity into central London from Uxbridge Station (Piccadilly and Metropolitan Lines) with journey times of around 45 minutes. • Grade II listed building consisting of a retail element (Class A1) arranged over ground and first floor (with ancillary storage space at part-basement level and in the roof void, which is configured with two small front dormers) plus offices which are set back from the high street. • Part of the second floor is let for a term of 3 years expiring on 2nd July 2021 at a passing rent of £12,250 per annum. • Potential for residential conversion subject to obtaining the necessary consents. • Existing GIA - 8,280 sq ft / 769.2 sq m. • Proposed NIA - 8,202 sq ft / 762.5 sq m. • Guide price £1,350,000 (One Million, Three Hundred and Fifty Thousand Pounds) subject to contract, equating to a capital value of £163 per sq ft (existing) and £165 per sq ft (proposed). 2 127-128 High Street, Uxbridge UB8 1DJ INTU Uxbridge Uxbridge Station Office at rear High Street Retail & storage M1 6 ( J6A) Watford A 4 0 Oxford Har row M25 A 1 M40 M1 A 1 413 1A/16 M40 1 A 4 A B483 0 4 A4020 1 6 0 4 A A437 A 4 0 UXBRIDGE M25 A4020 A437 Coming Ealing Slough 2018 A 4 0 CENTRAL 2 1 Hayes 3 A 6 LONDON A408 0 4 6 A Chi swick 4 M4 Hammersmith A4 Reading 4B/15 M4 3 2 1 A4 L M4 OND O N R D A 4 B ATH R D A4 Windsor London Richmond R i He ath row ve r T ham es Airport A 20 5 M25 A214 A30 3 King ston upon A 13 Wimbledon A 30 6 Thames 8 31 A 3 127-128 High Street, Uxbridge UB8 1DJ B467 B467 LANCASTER ROAD LANCASTER ROAD M40 (J1M) 40 (J1) 0 A4020 Location HIGH ST HIGH ST The Property Uxbridge is a premier office location within the West London and Thames Valley district owing to its proximity to major motorway networks, Heathrow Airport and quick and easy access into central London. This attracts a huge footfall to the area and makes the town an HIGH ST HIGH ST extremely popular destination for workers and residents. BELMONT ROADBELMONT ROAD As well as being incredibly well connected, Uxbridge is a major hub YORK ROAD YORK ROAD for corporate investment having attracted occupiers such as Coca HIGH ST HIGH ST THE PAVILIONSTHE PAVILIONS A4020 A4020 Cola Enterprises, Cadburys, Compass Group, Hertz, Xerox, Manpower, SHOPPINGSHO CENTREPPING CENTRE CHIPPENDALECHIPPENDALE WAYE WAYE Herbalife, Nexen and Bristol Meyers Squibb. With two large shopping UXBRIDGEUXBRIDGE MONTAGUE ROADMONTAGUE ROAD STATION STATION centres at its heart, a cinema complex and a wealth of restaurants, HIGH ST HIGH ST cafes and bars, Uxbridge is the town of choice for business and leisure. GEORGE ST GEORGE ST OXFORD ROAD OXFORD ROAD INTU INTU UXBRIDGEUXBRIDGE CROSS ST CROSS ST Situation WINDSOR ST WINDSOR ST The property occupies an enviable position on the High Street, just off the main thoroughfare. It sits directly opposite Tesco Express and the Pavilion Shopping Centre making it highly visible to people entering and exiting these amenities. In addition, it is moments from Uxbridge HIGH ST HIGH ST M1 6 Underground Station (Metropolitan and Piccadilly Lines) making it a ( J6A) COWLEY ROADCOWLEY ROAD Watford A 4 0 Oxford highly desirable site. Har row M25 A 1 M40 M1 A 1 413 1A/16 M40 1 A 4 A B483 0 4 A4020 1 6 0 4 A A437 A 4 0 UXBRIDGE M25 A4020 A437 Coming Ealing Slough 2018 A 4 0 CENTRAL 2 1 Hayes 3 A 6 LONDON A408 0 4 6 A Chi swick 4 M4 Hammersmith A4 Reading 4B/15 M4 3 2 1 A4 L M4 OND O N R D A 4 B ATH R D A4 Windsor London Richmond R i He ath row ve r T ham es Airport A 20 5 M25 A214 A30 3 King ston upon A 13 Wimbledon A 30 6 Thames 8 31 A B467 B467 LANCASTER ROAD LANCASTER ROAD M40 (J1M) 40 (J1) 0 A4020 HIGH ST HIGH ST HIGH ST HIGH ST BELMONT ROADBELMONT ROAD YORK ROAD YORK ROAD HIGH ST HIGH ST THE PAVILIONSTHE PAVILIONS A4020 A4020 SHOPPINGSHO CENTREPPING CENTRE CHIPPENDALECHIPPENDALE WAYE WAYE UXBRIDGEUXBRIDGE MONTAGUE ROADMONTAGUE ROAD STATION STATION HIGH ST HIGH ST GEORGE ST GEORGE ST OXFORD ROAD OXFORD ROAD INTU INTU UXBRIDGEUXBRIDGE CROSS ST CROSS ST WINDSOR ST WINDSOR ST HIGH ST HIGH ST COWLEY ROADCOWLEY ROAD 4 127-128 High Street, Uxbridge UB8 1DJ The Property Uxbridge Town Centre Uxbridge Station Nexen Petroleum INTU Uxbridge PWC Herbalife Pavilions Shopping Centre Coca Cola Enterprises The property benefits from an enviable town centre location, moments from Uxbridge Station COMMUNICATIONS ROAD – UNRIVALLED LINKS TO CENTRAL RAIL – EXCELLENT ACCESS TO LONDON CROSSRAIL – REVOLUTIONARY TRAVEL LONDON AND HEATHROW AND THE WEST Hayes Park benefits from excellent connectivity to the national road Hayes Park is well served by rail, with Hayes & Harlington Hayes is set to become one of the best connected West London network and as such is easily accessible from Central London, Station located just 2.5 miles to the south and used by 2.9 million office locations when Crossrail opens in 2018. The train line will Heathrow Airport and Reading. The property is located within 5 5 people127-128 Highannually. Street, Hayes Uxbridge commands UB8 1DJ a competitive advantage over extend from Reading in the west to Abbey Wood and Shenfield in miles of three motorways whilst local roads provide access to neighbouring towns within the area benefiting from fast, direct the east, revolutionizing travel in and out of London with 200 million surrounding West London towns. services to Central London. The Heathrow Connect service also passengers anticipated to use the service each year. stops at Hayes & Harlington. Additionally, Uxbridge station is just 4 miles west of the property providing access to London’s Hayes & Harlington Station will be incorporated into the western DESTINATION JOURNEY TIME ConnectivityUnderground Network (Piccadilly and Metropolitan Lines). ‘above ground’ section of the route. Once opened, services will be frequent with a minimum of 10 high speed trains per hour during M4 10 minutes Uxbridge benefits from excellent road communications being peak times. As a result, travel times into Central London will be located approximately 1 mile south of the M40 (Junction 1) DESTINATION JOURNEY TIME dramatically reduced and Hayes & Harlington Station will be just 20 M40 11 minutes providing direct access to Central London to the east and minutes from Bond Street Underground Station. Forest Oxford and HaBirminghamrold to the north west. The M25 (Junction HAYES & Stratford Gate Ilford Goodmayes RomforSloughd Wood Shenfield 11 minutes Heathrow Airport 11 minutes 16) is 3 miles west of Uxbridge and Junctions 4 & 4b of the HARLINGTON M4 are approximately 5 miles and 4 miles south of Uxbridge In preparation for the 2018 opening of Crossrail, a new landmark Ealing Bond Maryland Manor Seven Chadwell Gidea Brentwood respectively.Heathrow Airport 12 minutes station is being constructed at Hayes & Harlington. The new station Reading Taplow Slough Iver Hanwell Broadway Street Farringdon Whitechapel Park Kings Heath Park M4/M25 interchange 12 minutes is due to complete in the middle of 2016. Custom UxbridgeLondon UndergroundPaddington Station is served by the Metropolitan16 minutes Maidenhead Burnham Langley West Southall West Acton Paddington Tottenham Liverpool Abbey Central London House 30 minutes Drayton Ealing Main Line Court Road Street Wood and Piccadilly lines and provides direct services to central LondonReading with journey times of approximately 45 minutes to38 minutes Heathrow Reading Canary Woolwich40 minutes major London locations such as King’s Cross St Pancras, DESTINATION JOURNEY TIME Airport Wharf Liverpool Street, Green Park and Covent Garden. Bond Street 20 minutes Connectivity to central London will be further enhanced on completion of the Elizabeth Line (Crossrail) with services Farringdon 25 minutes AIR – CONNECTED TO THE WORLD operatingCROSSRAIL from nearbyROUTE Hayes, MAP approximately 5 miles away, with anticipated journey times of 20 minutes to Bond Street. Liverpool Street 38 minutes Heathrow International Airport is located just 5 miles south of UxbridgeSurface is one line of the most strategically located office markets Hayes Park. from anT internationalunnel perspective being situated 6.5 miles north Canary Wharf 34 minutes of LondonPortal Heathrow (tunnel entrance Airport and exit) (20-minute drive) and 47 miles The airport has two runways and last year connected 73.4 million north west (45-minute drive) of London Gatwick Airport. domestic and international travellers to over 185 destinations in 84 countries. It was also the world’s second busiest airport for international travel in 2014 and represents a vital transport amenity for domestic and international businesses. Forest Harold HAYES & Stratford Gate Ilford Goodmayes Romford Wood Shenfield In 2013, the Airport Commission shortlisted a third runway at HARLINGTON Ealing Bond Maryland Manor Seven Chadwell Gidea Brentwood Heathrow to help cater for London’s runway capacity need. A Reading Taplow Slough Iver Hanwell Broadway Street Farringdon Whitechapel Park Kings Heath Park decision is expected this year, potentially increasing the benefits of Custom Maidenhead Burnham Langley West Southall West Acton Paddington Tottenham Liverpool Abbey House being located close to Heathrow.