Summary
The site comprises a former showroom, prominently located on theA40 Western Avenue, on a large secure site with dedicated parking and ongoing advertisement income.
Key Points
Former showroomSecure self-contained siteProminently locatedHard-standing landDirect access to A40 Western AvenueViewings
Strictly by appointment through the sole agents.
Tenancies
The building and yard are to be sold with vacant possession, subject only to the two leases detailed below relating to the three on-site digital billboards.
JC Decaux UK Ltd - lease expiring 7th March 2027 at an annual rental of £35,000 pa.
Outdoor Plus Ltd - lease expiring 16th January 2039 at an annual rental of £270,000 pa.
Tenure
Freehold registered under Land Registry Title No. AGL69330.
Anti-Money Laundering (AML) Requirements
Interested parties will be required to provide the appropriate information to satisfy current AML regulations at the stage Heads of Terms are agreed.
Disclaimer
None of the amenities have been tested by Telsar.
Restrictive Covenant
The property is subject to a Restrictive Covenant contained within a Transfer dated 27th April 1999 made between (1) London Underground Limited and (2) Western Avenue Properties Limited, prohibiting any hotel or residential development on the Property.
Deed of Covenant with London Underground
The purchaser will be required to enter into a Deed of Covenant with London Underground to observe the restrictions contained within the registered title. London Underground’s consent to the disposition will only be granted upon completion of that Deed of Covenant.
Price
We are instructed to seek offers in excess of £10,000,000 (Ten Million Pounds).
VAT
We have been advised that the property has not been elected for VAT.
Business Rates
We understand the current rateable value as of 1st April 2026 is £159,000. Interested parties are advised to contact the London Borough of Ealing to verify this figure.
Location
The site is situated on the northern side of the A40 Western Avenue which is a busy trunk road leading into Central London from West London. Hanger Lane (Central Line) and Park Royal (Piccadilly Line) underground stations are within close proximity.