The property is located in Southall, West London.
It is situated on the south side of Swift Road and to the north side of Havelock Road in Southall just east of its intersection with Merrick Road (A3005). To the west of the property is Havelock Primary School and Nursery and to the east is a four storey residential development.
The area provides an abundance of leisure, shopping & entertainment facilities.
The location has excellent and improving travel and communication links:
- Southall Rail Station is 650m to the north, providing frequent direct services to London Paddinton Station with a travel time of 18 minutes and to Heathrow Airport (Terminals 1-3) with a travel time of 16 minutes. The station will be substantially upgraded with a new Crossrail station opening there by 2019. This will reduce journey times to Paddington to 13 minutes, Heathrow to 8 minutes and provide services to Bond Street with a journey time of 17 minutes.
- M4 (Junction 3) is approximately 2.5 km south west of the property with the M25 (Junction 15) being a further 5.5 km west.
- Heathrow Airport is 5km to the south-west.
Site area 5572.7 sq.m. /59983 sq.ft. / 1.38 acres
The property comprises a complex of mainly single storey buildings with lateral wings to the north and south, a link section between the two and a separate south wing projecting towards the entrance. The buildings were originally constructed as The Havelock Centre in the late 1970s and have been in use as a Special Educational Needs School since about 1985. There are playground areas arranged to the north, east and west of the main School buildings and the entire grounds are securely fenced on all boundaries.
The subject property has an extensive frontage to Swift Road and a secondary access via Havelock Road. The school children enter the property via the Swift Road entrance while staff and visitors use the Havelock Road entrance.
Access to the Havelock Road entrance is via a car park over which there are permanent rights of way, and rights to park not more than six vehicles. There are also parking facilities within the property and scope to create further parking spaces.
The property is let to The National Autistic Society on a lease dated 4th November 2013 expiring on 3rd November 2025 at a passing rent of £137,000 per annum. The lease provides for a conditional tenant-only option to determine on 4th November 2016 and every third anniversary thereafter, operable by not less than 12 months' notice. There are upwards-only rent reviews to best market rental value on 4th November 2017 and 4th November 2021.
The National Autistic Society is the leading UK charity for people with autism. The NAS was first registered as a Charity in 1962 and was incorporated in 1975 as a company limited by guarantee. It employs 3,610 people. According to their latest filed accounts (March 2014) the NAS made a pre-tax profit of £4,242,000, have working capital of £14,516,000, and net assets of £30,644,000.
Freehold for sale subject to the lease to The National Autistic Society
Rateable value: £135,000
Estimated Rates Payable: £66,555 per annum
Service charge: N/A
Local authority: London Borough of Ealing