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
    11/Dec/2019
  • Rent
    £84,200 per Annum Exclusive
  • Status
    Available
  • Price*
    £1,100,000 - £1,200,000
  • Sector
    High Street Retail
  • Auction Venue
    The Montcalm Hotel
    2 Wallenberg Place
    London W1H 7TN
  • 2 St Anns Road<br>Harrow<br>London<br>HA1 1LG
  • Expand
  • Photos
  • Map

* More information on the term "price" can be found here

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.

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

Tenancy & Accommodation

FloorUseFloor Areas (Approx)TenantTermRent p.a.xReview/
(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
£50,00004/11/2019
(03/11/2024)
First
Flat 2A
1 Bedroom
Flat
57.47 sq m
(618 sq ft)
INDIVIDUAL1 year AST from
23/03/2019
£10,800 
Second
Flat 2B
1 Bedroom
Flat
55.16 sq m
(594 sq ft)
INDIVIDUAL1 year AST from
28/02/2019 (3)
£12,000 (3) 
Third
Flat 2C
1 Bedroom
Flat
46.90 sq m
(505 sq ft)
INDIVIDUAL1 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 £500 plus VAT (£600 inclusive of VAT) buyer's administration charge payable to Acuitus Limited

Property Documents

  • Solicitors Legal Pack
    Updated Date
    27.11.19
    File Size
    17 MB
    Login to View
  • Catalogue Page
    Updated Date
    20.11.19
    File Size
    2 MB
    View PDF
  • Site Plan
    Updated Date
    20.11.19
    File Size
    1 MB
    View PDF
  • Common Auction conditions
    Updated Date
    19.09.19
    File Size
    150 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF
  • Money Laundering Regs
    Updated Date
    19.09.19
    File Size
    36 KB
    View PDF

Contacts

Acuitus
John MehtabJohn Mehtab +44 (0)20 7034 4855 +44 (0)7899 060519john.mehtab@acuitus.co.uk
Billy StruthBilly Struth +44 (0)20 7034 4854billy.struth@acuitus.co.uk
Seller's Solicitors
TWM Solicitors LLP 123, High Street Epsom
Surrey
KT19 8AV
Anne Fowler 01372 731 178anne.fowler@twmsolicitors.com

Useful Links

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