Waterstones
60 - 62 St Anns Road, Harrow
London
HA1 1JX

Freehold Retail Investment

  • Let to Waterstones Booksellers Limited
  • Prime retail position opposite the entrance to St Anns Shopping Centre
  • VAT-free investment
  • Neighbouring occupiers include Santander, Halifax, Holland & Barrett, Costa, Pret a Manger, Primark, M&S and EE
  • Lot
    24
  • Auction
    26/Mar/2020
  • Rent
    £120,000 per Annum Exclusive
  • Status
    Available
  • Price*
    Contact Us
  • Sector
    High Street Retail
  • Auction Venue
    The Montcalm Hotel
    2 Wallenberg Place
    Marble Arch
    London W1H 7TN
  • Waterstones<br>60 - 62 St Anns Road, Harrow<br>London<br>HA1 1JX
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* 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 prime retailing position on the north side of the busy and pedestrianised St Anns Road, directly opposite the entrance to St Anns Shopping Centre and approximately 100 metres from St George's Shopping Centre. Neighbouring occupiers include Santander, Halifax, Holland & Barrett, Costa, Pret a Manger, Primark, M&S and EE.

Tenure

Freehold.

Description

The property comprises ground floor and first floor retail accommodation with second floor ancillary accommodation. The property benefits from a customer lift between the ground and first floors and rear servicing access via Greenhill Way.

VAT

VAT is not applicable to this lot.

Completion Period

Eight Week Completion

EPC

Band C. See legal pack at acuitus.co.uk

Tenancy & Accommodation

FloorUseFloor Areas (Approx)TenantTermRent p.a.x.Reversion
Ground
First
Second
Retail
Retail
Ancillary
213 sq m
196 sq m
207 sq m
(2,291 sq ft)
(2,108 sq ft)
(2,233 sq ft)
WATERSTONES
BOOKSELLERS
LIMITED (1)
10 years from
19/06/2014 on a full
repairing and
insuring lease
£120,00018/06/2024
Totals
616 sq m
(6,632 sq ft)
  £120,000 

(1) For the year ending 27th April 2019, Waterstones Booksellers Limited reported a turnover of £392,776,000, pre-tax profits of £27,702,000 and a total net worth of £39,508,000 (Source: Experian Group 21/2/2020).

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
    10.03.20
    File Size
    43 MB
    Login to View
  • Catalogue Page
    Updated Date
    04.03.20
    File Size
    1 MB
    View PDF
  • Site Plan
    Updated Date
    04.03.20
    File Size
    616 KB
    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
Peter CunliffePeter Cunliffe +44 (0)20 7034 4852 +44 (0)7836 742834peter.cunliffe@acuitus.co.uk
Seller's Solicitors
Bower & Bailey Anchor House , 269 Banbury Road, Summertown
Oxford
OX2 7JF
Andrew Symington 01865 311 133asymington@bowerandbailey.co.uk

Useful Links

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