2 St Anns Road Harrow London HA1 1LG

2 St Anns Road
Harrow
London
HA1 1LG

Freehold Retail and Residential Investment

Part let to St Luke's Hospice (Harrow & Brent) Charity Shops Ltd until 2024 (No Breaks)
Includes 3 self-contained residential flats
First time on the market for 25 years
Busy pedestrianised town centre location
Neighbouring occupiers include NatWest, Caffè Nero, HSBC, Boots, Tesco Express, O2 and Moss Bros

Lot
10
Auction
11th December 2019
Rent
£84,200 per Annum Exclusive
Status
Sold
Price
£1,115,000
Auction Venue
The Montcalm Hotel
2 Wallenberg Place
London W1H 7TN

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Freehold Retail and Residential Investment

Part let to St Luke's Hospice (Harrow & Brent) Charity Shops Ltd until 2024 (No Breaks)
Includes 3 self-contained residential flats
First time on the market for 25 years
Busy pedestrianised town centre location
Neighbouring occupiers include NatWest, Caffè Nero, HSBC, Boots, Tesco Express, O2 and Moss Bros

Lot 10
Auction 11th December 2019
Rent £84,200 per Annum Exclusive
Status Sold
Price £1,115,000
Sector
High Street Retail
Auction Venue
The Montcalm Hotel
2 Wallenberg Place
London W1H 7TN

Property Information

Location

Miles: 16 miles north-west of Central London; 8 miles south-east of Watford; 3 miles north of Wembley
Roads: A40 (Western Avenue), M1, M25, M40
Rail: Harrow-on-the-Hill Mainline Railway Station and Underground (Metropolitan Line)
Air: London Heathrow Airport; London Luton Airport

Situation

The property is situated in a prominent location on the northern side of the pedestrianised St Anns Road, Harrow's prime retailing thoroughfare, close to St Anns Shopping Centre. Neighbouring occupiers include NatWest, Caffè Nero, HSBC, Boots, Tesco Express, O2 and Moss Bros.

Tenure

Freehold.

Location

Miles: 16 miles north-west of Central London; 8 miles south-east of Watford; 3 miles north of Wembley
Roads: A40 (Western Avenue), M1, M25, M40
Rail: Harrow-on-the-Hill Mainline Railway Station and Underground (Metropolitan Line)
Air: London Heathrow Airport; London Luton Airport

Situation

Tenure

Freehold.

Description

The property comprises ground floor retail accommodation with basement storage accommodation accessed via a hatch and three self-contained residential flats on the first, second and third floors. The flats are accessed separately from the rear of the property via Greenhill Way.

VAT

VAT is not applicable to this lot.

Completion Period

Six Week Completion

EPC

Available from the legal pack at acuitus.co.uk

Description

VAT

VAT is not applicable to this lot.

Completion Period

Six Week Completion

EPC

Available from the legal pack at acuitus.co.uk

Tenancy & Accommodation

Floor	Use	Floor Areas (Approx)		Tenant	Term	Rent p.a.x	Review/ (Reversion)
Ground Basement (1)	Retail Storage	104.42 sq m 51.89 sq m	(1,124 sq ft) (558 sq ft)	ST LUKE’S HOSPICE (HARROW & BRENT) CHARITY SHOPS LIMITED (2)	10 years from 04/11/2014	£50,000	04/11/2019 (03/11/2024)
First Flat 2A	1 Bedroom Flat	57.47 sq m	(618 sq ft)	INDIVIDUAL	1 year AST from 23/03/2019	£10,800
Second Flat 2B	1 Bedroom Flat	55.16 sq m	(594 sq ft)	INDIVIDUAL	1 year AST from 28/02/2019 (3)	£12,000 (3)
Third Flat 2C	1 Bedroom Flat	46.90 sq m	(505 sq ft)	INDIVIDUAL	1 year AST from 21/09/2019	£11,400
Totals		315.84 sq m	(3,399 sq ft)			£84,200 (3)

(1) The basement is accessed via a hatch and is not currently being used by the tenant.
(2) St Luke's Hospice (Harrow & Brent) Charity Shops Limited was incorporated in 1989 and has 19 shops across Harrow and Brent (Source: stlukes-hospice.org 14/11/2019).
(3) As to Flat 2B, the current rent reserved under the tenancy is £11,700 per annum exclusive. The tenants have signed a further tenancy for 12 months from 28/02/2020 to 27/02/2021 at a rent of £12,000 per annum exclusive.

If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.