Freehold Long-let North London Convenience Store Investment
Recently renewed 15 year lease from July 2025 (no breaks)
Lease includes large self contained 1 bed flat on first floor
Located 50 yards from South Harrow Underground Station & close to South Harrow Market
VAT- free investment
In the same ownership for about 25 years
Lot 5
Auction 12th February 2026
Rent £35,000 per Annum Exclusive
Status Available
Guide* £525,000 - £550,000
Sector Retail, Residential
Auction Venue Live Streamed Auction
Property Information
Location
Miles
5 miles south-west of Stanmore, 10 miles west of Central London
Roads
A40, A406, M25
Rail
South Harrow Underground Station (Piccadilly Line)
Air
London Heathrow Airport
Situation
The property is situated in a very prominent trading position, close to South Harrow Market and opposite Park Road, approximately 50 yards from South Harrow Underground Station (Piccadilly Line). Nearby occupiers include Aldi, Wenzel's, Poundland and a range of local businesses.
Tenure
Freehold.
Location
Miles
5 miles south-west of Stanmore, 10 miles west of Central London
Roads
A40, A406, M25
Rail
South Harrow Underground Station (Piccadilly Line)
Air
London Heathrow Airport
Situation
The property is situated in a very prominent trading position, close to South Harrow Market and opposite Park Road, approximately 50 yards from South Harrow Underground Station (Piccadilly Line). Nearby occupiers include Aldi, Wenzel's, Poundland and a range of local businesses.
Tenure
Freehold.
Description
The property comprises a convenience store arranged on the ground floor forming part only of a larger shop, occupied by the same tenant. The property also includes a large self contained one bed flat on the first floor which is accessed from the rear of the property.
VAT
VAT is not applicable to this lot.
EPC
Retail - Band C, Residential - Band E.
Description
The property comprises a convenience store arranged on the ground floor forming part only of a larger shop, occupied by the same tenant. The property also includes a large self contained one bed flat on the first floor which is accessed from the rear of the property.
VAT
VAT is not applicable to this lot.
EPC
Retail - Band C, Residential - Band E.
Tenancy & Accommodation
Floor
Use
Floor Areas Approx sq m
Floor Areas Approx sq ft
Tenant
Term
Rent p.a.x.
Rent Review
Ground First
Retail Residential - x 1 bed, lounge, kitchen, bathroom
126.63 43.82
(1,363) (472)
J. SINGH (t/a New South Harrow Food & Wine) (1)
15 years from 17/07/2025
£35,000
17/07/2030 and 5 yearly thereafter
Total Approximate Floor Area
170.45
(1,835)
£35,000
(1) The Landlord holds a rent deposit of £32,500 and a security deposit of £10,000 - please see legal pack.
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.
