88-90 High Street Harrow-on-the-Hill Middlesex HA1 3LP

  • 88-90 High Street<br>Harrow-on-the-Hill<br>Middlesex<br>HA1 3LP

88-90 High Street
Harrow-on-the-Hill
Middlesex
HA1 3LP

Freehold Office Investment in Affluent London Location

  • Attractive former town hall and fire station providing approximately 562.97 sq m (6,060 sq ft) of multi-let accommodation
  • Situated some 300 metres from Harrow School and immediately west of Harrow Park
  • Prominent position at the corner of High Street and Byron Hill surrounded by Harrow School boarding houses and administrative buildings
  • Walking distance from Harrow-on-the-Hill Mainline Railway and Underground Station
  • Six Week Completion Period
  • Lot
    40
  • Auction
    18th October 2011
  • Rent
    £92,685 per Annum Exclusive
  • Status
    Sold Post
  • Price
     
  • Auction Venue
    Millennium Hotel
    44 Grosvenor Square
    London W1K 2HP
  • On the instructions of J Pitt and B Moon acting as Joint Fixed Charge Receivers, BNP Paribas Real Estate
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Freehold Office Investment in Affluent London Location

  • Attractive former town hall and fire station providing approximately 562.97 sq m (6,060 sq ft) of multi-let accommodation
  • Situated some 300 metres from Harrow School and immediately west of Harrow Park
  • Prominent position at the corner of High Street and Byron Hill surrounded by Harrow School boarding houses and administrative buildings
  • Walking distance from Harrow-on-the-Hill Mainline Railway and Underground Station
  • Six Week Completion Period
  • Lot 40
  • Auction 18th October 2011
  • Rent £92,685 per Annum Exclusive
  • Status Sold Post
  • Price  
  • Sector
    Office
  • Auction Venue
    Millennium Hotel
    44 Grosvenor Square
    London W1K 2HP
  • On the instructions of J Pitt and B Moon acting as Joint Fixed Charge Receivers, BNP Paribas Real Estate

Property Information

Location
Miles
8 miles south-east of Watford, 16 miles north-west of Central London, 18 miles north-east of Windsor
Roads
20 minutes drive from M25, M40, A40, A41 and A1
Rail
Harrow-on-the-Hill Mainline & Underground Station (Metropolitan Line)
Air
London Heathrow
Situation

The property is situated in a Conservation Area in a prominent corner position at the junction of High Street and Byron Hill amongst numerous Harrow School administrative buildings and boarding houses. Additionally the property benefits from its proximity to Harrow Park and to Harrow-on-the-Hill Mainline Railway and Underground Station.

Tenure

Freehold.

Location
Miles
8 miles south-east of Watford, 16 miles north-west of Central London, 18 miles north-east of Windsor
Roads
20 minutes drive from M25, M40, A40, A41 and A1
Rail
Harrow-on-the-Hill Mainline & Underground Station (Metropolitan Line)
Air
London Heathrow
Situation

The property is situated in a Conservation Area in a prominent corner position at the junction of High Street and Byron Hill amongst numerous Harrow School administrative buildings and boarding houses. Additionally the property benefits from its proximity to Harrow Park and to Harrow-on-the-Hill Mainline Railway and Underground Station.

Tenure

Freehold.

Description

The property, a Grade II Listed building, comprises two interconnecting buildings providing office accommodation over basement, ground and first floors. Additionally, the property benefits from 4 car parking spaces.

Note
This property is being marketed for sale on behalf of Joint Law of Property Act Receivers excluding any title guarantees, warranties or indemnities. The information in these particulars has been provided by the Joint Law of Property Act Receivers to the best of their knowledge but the purchaser must rely solely upon their own enquiries. The Joint Law of Property Act Receivers are not bound to accept the highest or any offer and are acting in respect of this sale without personal liability.

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, a Grade II Listed building, comprises two interconnecting buildings providing office accommodation over basement, ground and first floors. Additionally, the property benefits from 4 car parking spaces.

Note
This property is being marketed for sale on behalf of Joint Law of Property Act Receivers excluding any title guarantees, warranties or indemnities. The information in these particulars has been provided by the Joint Law of Property Act Receivers to the best of their knowledge but the purchaser must rely solely upon their own enquiries. The Joint Law of Property Act Receivers are not bound to accept the highest or any offer and are acting in respect of this sale without personal liability.

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 Reviews
B1 – Basement Office

49.89 sq m

(537 sq ft)
A PATEL
5 years from 14/01/2011 (1) £6,500 14/01/2014
B2 – Lower Ground
B3 – Part Basement
Office
103.12 sq m
(1,110 sq ft)
M PATEL 5 years from 01/05/2009 £14,910  
GF1 – Ground Office
21.74 sq m
(234 sq ft)
VACANT      
GF2 – Ground Office
24.99 sq m
(269 sq ft)
DSK PROPERTIES LTD 5 years from 10/07/2009 (2) £4,600 10/07/2012
G3 – Ground Office
24.99 sq m
(242 sq ft)
I CATTLE Tenancy at Will (3) £4,250  
G4 – Ground Office
17.09 sq m
(184 sq ft)
VACANT      
G5 – Ground Office
20.71 sq m
(223 sq ft)
STEPHEN J WOODWARD LTD 5 years from 14/12/2007 £4,125 14/12/2012
G6 – Ground Office
73.30 sq m
(789 sq ft)
STEPHEN J WOODWARD LTD 9 years from 26/04/2004 £16,000 26/04/2007
26/04/2010 (4)
FF4, 5, 6, 7 & 8 – First Office
108.23 sq m
(1,165 sq ft)
STEPHEN J WOODWARD
SURVEYORS LTD
9 years from 14/12/2007 £21,800 14/12/2012
FF1, 2, 3 & 9
– First
Office
121.42 sq m
(1,307 sq ft)
CONDOR ASSOCIATES
LTD (t/a Castle Chambers
Barristers)
5 years from 02/04/2009 (5) £20,500  
Totals  

562.97 sq m

(6,060 sq ft)
    £92,685  

(1) There is a tenant option to determine on 14th January 2014 on providing 3 months' prior written notice.
(2) There is a tenant option to determine on 10th July 2012 and 10th July 2013 on providing 3 months' prior written notice.
(3) The tenant's 3 year lease at a rent of £4,250 p.a. expired on 6th July 2011. A new lease is being negotiated and the tenant is occupying the property and paying rent under a tenancy at will until the completion of such lease.
(4)The seller does not have any information in relation to whether either of these reviews have been actioned.
(5) There is a tenant option to determine on 2nd April 2012 on providing 6 months' prior written notice.

Contacts

Seller's Solicitors
Addleshaw Goddard LLP Milton Gate, 60 Chiswell Street
London
EC1Y 4AG
Monica Duggal 0207 160 3109monica.duggal@addleshawgoddard.com

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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