Commercial property for sale in Masons Avenue, Harrow HA3

£225,000 (£432.69/sq. ft)
Commercial property for sale 520 sq. ft*
Interested in this property? Call +44 20 8033 7756 * or Request Details

* Calls to this number will be recorded for quality, compliance and training purposes.

Property features

  • Ground floor A2 offices
  • £225,000
  • Freehold for sale

Property description

***investment opportunity***
This freehold property which is prominently located overlooking Masons Avenue, located close with the High Street, Wealdstone, and easy walking distance of Harrow & Wealdstone (Bakerloo Line) Station.

• freehold for sale • ground floor offices
• shop frontage

Accommodation

The available premises comprises of ground floor retail unit with shop frontage benefitting with Class A2 usage overlooking Masons Avenue, previously trading as Commercial Mortgage advisors, and now is a Estate Agent. Easy walking distance to the High Street shops and Harrow & Wealdstone (Bakerloo Line) Station.
The majority of the front section offers open plan office accommodation, leading to an adjoining small office room, kitchenette and WC. (520 sq ft).
The office suite offers laminate flooring, suspended ceiling with recessed lighting and storage area. Electric Roller shutters.
It has been leased for 10 years from October 2020 and producing a total rent of £ 12,000 per annum.

The upper residential parts known as 25a, 25b and 25c have all been sold on long leases and producing a total ground rent of £300 per annum. Flat 25A is 99 Years from October 2007, Flats B & C are both 99 Years from March 2014.

Terms

***investment opportunity***
We are instructed by our client to offer this freehold for sale, subject to contract, at a price of only £225,000.
We are advised that there is a 10 year lease on the property starting in October 2020 at £12,000 per annum exclusive of all other outgoings. The Total ground rent from the flats at 25a, 25b & 25c is £ 300.00 per annum.

Business Rates

Billing Authority: Harrow Council
Ratable Value Ground Floor Premises: £4,550 with effect from 1st April 2017, therefore, any tenant is likely be exempt from paying any business rates to the local authority.

Solicitors Costs

Any proposed incoming tenant is to be responsible for our clients solicitors reasonable legal costs incurred in any proposed transaction.

Epc

A copy of the EPC of the above mentioned premises is held in our office to inspect if required.

Viewings / Further Information

Please contact our Commercial Manager, Simon Braun, on Tel: Ext 223 or Email:

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

Property info

* Sizes listed are approximate. Please contact the agent to confirm actual size.

Arrange Viewing

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

Contact Ferrari Dewe & Co about this property

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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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