Residential redevelopment potential (subject to consents)
Prominent position adjacent to Waitrose
Neighbouring occupiers include Waitrose, Iceland, Subway and William Hill
Lot 52
Auction 18th October 2018
Rent £70,000 per Annum Exclusive
Status Sold
Price £1,300,000
Sector High Street Retail
Auction Venue The Radisson Blu Portman Hotel 22 Portman Square London W1H 7BG
Property Information
Location
Miles
2 miles north of Harrow town centre, 13 miles north-west of Central London
Roads
A409, A41, M1 (Junction 4)
Rail
Headstone Lane Overground, Harrow and Wealdstone Underground
Air
Heathrow Airport, Luton Airport, London City Airport
Situation
Harrow Weald is approximately 2 miles north of Harrow town centre. The property is prominently located on the east side of the busy High Road (A409). Neighbouring occupiers include Waitrose, Iceland, Subway and William Hill.
Tenure
Freehold.
Location
Miles
2 miles north of Harrow town centre, 13 miles north-west of Central London
Roads
A409, A41, M1 (Junction 4)
Rail
Headstone Lane Overground, Harrow and Wealdstone Underground
Air
Heathrow Airport, Luton Airport, London City Airport
Situation
Harrow Weald is approximately 2 miles north of Harrow town centre. The property is prominently located on the east side of the busy High Road (A409). Neighbouring occupiers include Waitrose, Iceland, Subway and William Hill.
Tenure
Freehold.
Description
The property comprises a triple fronted retail unit with ground floor retail accommodation and first floor ancillary accommodation. The property benefits from a regular and level site with a rear yard and may be suitable for residential redevelopment (subject to consents).
VAT
VAT is applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises a triple fronted retail unit with ground floor retail accommodation and first floor ancillary accommodation. The property benefits from a regular and level site with a rear yard and may be suitable for residential redevelopment (subject to consents).
VAT
VAT is applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Floor
Use
Floor Areas (Approx)
Tenant
Term
Rent p.a.x
Reversion
Ground First
Retail Ancillary
344.6 sq m 31.4 sq m
(3,709 sq ft) (1,414 sq ft)
ADMIRAL LONDON LIMITED
15 years from 15/07/2005 on a full repairing and insuring lease (1)
£70,000
14/07/2020
Total
476 sq m
(5,123 sq ft)
£70,000
(1) The lease is outside the security of tenure provisions of the Landlord and Tenant Act 1954.
