Commercial property for sale in High Street, Harrow, Middlesex HA3

Offers in region of £525,000
Commercial property for sale
Interested in this property? Call +44 20 8033 7756 * or Request Details

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Property features

  • Freehold investment £525,000
  • 5.5% yield

Property description

***under offer***

Ferrari Dewe are pleased to offer this three storey mid-terraced building prominently located along Wealdstone High Street.

Freehold investment with existing tenant £525,000 5.5% yield

Description

The premises is located along Wealdstone's bustling High Street, and within walking distance of Harrow & Wealdstone Station. There is a fast train service to Euston (15 mins) and Bakerloo Line Underground service. Local nearby traders include Asda, Poundland, Boots, Nationwide, Santander, Lloyds Bank, Londis, The Gym Group to name a few.

Accommodation

The property comprises of a three storey mid-terraced building situated on ground and upper floors. The ground floor offers a lock-up retail unit currently trading as 'Pineapple Boutique' - a ladies clothing fashion shop. The first and second floors offer residential accommodation.

The property known as 45 High Street, Wealdstone, Harrow, Middlesex HA3 5DF comprises of Shop and Premises with a total ground floor area of 77.70 sq M / 836 sq ft and a rateable value of £18,500 with effect from 1st April 2017.

Tenure

* Full repairing and insuring lease
* 10 years from 24th December 2017
* Commencing rental £29,000 per annum exclusive.
* Mutual break at the 5th year (outside the act) on giving six months prior written notice.
* Tenant only option to break (inside the act) at year 7.5 on giving six months prior written notice and on payment of a penalty equivalent to six months rent.

Price

Our client is seeking a price of £525,000 (Five Hundred Twenty Five Thousand Pounds) subject to contract for this valuable freehold property together with the leasehold interest and income described above.

Epc

To request a full copy of the EPC, including the Recommendations Report please contact us directly and quote the property address.

Viewings

If you are interested in further information or wish to submit an offer on this property then please do not hesitate to contact one of our agents on or

please note: All inspections must be via this office as the premises are currently leased and occupied.

These particulars are only a guide. They are not exact or guaranteed. Property offered subject to contract.

Property info

Arrange Viewing

For more information about this property, please contact
Ferrari Dewe & Co, HA1 on +44 20 8033 7756 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Ferrari Dewe & Co, and do not constitute property particulars. Please contact Ferrari Dewe & Co for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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