Back to track record

CP House, 97-107 Uxbridge Road, Ealing W5 5TL

  • CP House is a prominent self-contained Greater London office investment opportunity with numerous unrealised asset management opportunities.
  • Located in the London Borough of Ealing, approximately 8 miles west of Central London.
  • Ideally situated on Uxbridge Road close to Ealing town centre.
  • 8 minute walk from Ealing Broadway station and a 5 minute walk to West Ealing railway station, both of which are on the new Elizabeth (Crossrail) line, due to open in 2019.
  • The property comprises a self contained office building providing 51,602 sq ft (NIA) and 69,678 sq ft (GIA) over ground, basement and 10 upper floors, with additional roof (plant) space.
  • A total of 125 car parking spaces, providing an excellent parking ratio of 1:413 sq ft.
  • Freehold.
  • Site area of 1.14 acres equating to a very low site coverage of 25%.
  • The property is let to 10 tenants producing a current passing rent of £1,375,319 p.a (£26.65 psf), which includes a 12 month vendor rent, rates and service charge top up on the vacant space.
  • A very low average passing rent of £25.74 psf on the current let space
  • The AWULT to break is 1.43 years and 1.86 years to expiry.
  • Vacancy rate of 21.6%.
  • 95% of the leases expire by November 2020.
  • All the leases are outside the L&T 1954 Act.
  • Potential office refurbishment opportunity with Grade A office rents in Ealing now standing at over £40 psf.
  • Due to the current configuration and layout of the building, the property is ideal for change of use to residential via Permitted Development Rights (PDR).
  • CP House is not within an Article 4 Direction.
  • Opportunity for the extension of the existing buildings by way of additional floors, subject to obtaining the necessary consents.
Ealing Proforma
View our current instructions or download our track record
View current instructions Download track record