Withdrawn
Withdrawn Prior
Sold
Sold Prior
Sold Post
The property comprises a mixed-use retail/residential investment opportunity with evident asset management potential.
Arranged across ground, first and second floors, the property comprises a ground floor retail unit with a two bedroom, split-level, flat to the upper parts.
The ground floor is currently vacant, and we consider there is evident asset management potential via letting of this space. We consider the Estimated Rental Value (ERV) of the ground floor unit to be in the order of £20,000 per annum.
The upper parts are currently let on an Assured Shorthold Tenancy (AST) which expired 03.05.2025 and paying £16,800 per annum, the tenant is continuing to occupy the flat on a periodic tenancy.
The property occupies a prominent pitch with a frontage to Northolt Road, a principal arterial route connecting the centres of South Harrow and Northolt Park. The street therefore benefits from high footfall and is characterised by a mix of residential, retail and similar mixed uses. Nearby occupiers include Medivet, Kwik Fit, Specsavers and Aldi.
Tenure
Freehold
Rent
Notes
Please note, the completion date on this property will be 13.10.2025 and not as stated in the Special Conditions of Sale.