LOT 446 High Road and 6/8 Park Lane, Price Reduction 5 Wembley, Middlesex HA9 7DH Refer to Auctioneers BY ORDER OF ADMINISTRATORS 6 WEEK COMPLETION SITUATION Occupying a prominent corner position on this major shopping thoroughfare amongst a host of multiple traders including Argos, Phones 4 U, Wilkinson, Oxfam, Superdrug and Specsavers, a short distance from Wembley Central Station (Bakerloo Line) and close to the new Wembley Central Square Shopping Centre redevelopment. Wembley is a popular residential and commercial location situated 7 miles north-west of Central London benefitting from excellent transport links being located immediately west of the North Circular Road (A406) and north of the A40 which provides access to the M40 and M25 motorways. PROPERTY A corner property (built 1931) comprising a Former Ground Floor Banking Hall with Basement plus a further Ground Floor Shop fronting Park Lane and separate front access to Offices at first and second floor levels. VAT is payable in respect of this Lot FREEHOLD £17,600 per annum Plus Vacant Bank/ Basement and Vacant 2,553 sq ft Offices The Surveyors dealing with this property are © CROWN COPYRIGHT. All rights reserved. Licence JOHN BARNETT and STEVEN GROSSMAN number 100040809 – Plan not to scale 12 446 High Road and 6/8 Park Lane, LOT Wembley, Middlesex HA9 7DH 5 6 WEEK COMPLETION View from the Property TENANCIES & ACCOMMODATION Property Accommodation Lessee & Trade Term Ann. Excl. Rental Remarks 446 High Road Ground Floor Former Bank * Size is inclusive of boiler (Ground Floor Gross Frontage 69'0" room which holds the gas Former Bank & Internal Width 29'6" (max) central heating system for the Basement) Shop Depth 60'9" building. WC VACANT Basement GIA Approx 300 sq ft* 8 Park Lane Internal Width 16'5" Dr Yoused Abrishami & 15 years from £8,600 FRI by way of service charge. (Ground Floor Shop Depth 31'0" Mrs Pari Esmaili 23rd April 1999 Rent Review April 2009 Shop) Built Depth 39'4" (Dry Cleaners) (Outstanding) WC 6 Park Lane GIA Approx 638 sq ft (Part First Floor Office) VACANT 6 Park Lane GIA Approx 1,300 sq ft A.S Harrison 5 years from £9,000 IRI (Part First 2 WC’s (Solicitors) 29th September 2005 Holding over Floor Office) 6 Park Lane GIA Approx 1,915 sq ft (Second Floor 2 WC’s Office) VACANT £17,600 Plus Vacant Bank/ Basement TOTAL & Vacant 2,553 sq ft Offices VENDOR’S SOLICITORS Lawrence Graham – Tel: 020 7759 6526 Ref: D. Hayward Esq – Email: [email protected] FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE The successful Buyer will be liable to pay the Auctioneers an administration 13 fee of £275 (including VAT) upon exchange of contracts.