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26 & 27 February 2025 27 February 2025 - 9:00am >
Lot 188
Withdrawn
Withdrawn Prior
Sold
Sold Prior
Sold Post
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The property which extends to 0.31 hectare (0.76 acres) falls within the jurisdiction of the London Borough of Harrow and is situated at the rear of a cul-de-sac towards the south of Elmgrove Road.
The site, previously a Royal Mail delivery office, comprises a 2 storey detached warehouse leased to a Car Mechanics and MOT Centre on a 5-years term with no breaks which commenced on 20th May 2024 and generates £168,000 per annum.
The site has further development potential to be converted into a residential led scheme (subject to the requisite consents)
Tenure
Freehold
Accommodation
Warehouse extends to 2,138 sq. m. (23,012 sq. ft.) GIA.
Site an approx. 0.31 hectares (0.76 acres)
Tenancy
Let to a Car Mechanics and MOT Centre on a 5-years term with no breaks from the 20th May 2024
Planning
Planning History
Reference: P/5049/19 for the “redevelopment to create 3-6 storey building for up to60 flats and commercial space at ground floor; Refuse and Cycle Storage; Vehicle and pedestrian access.” – REFUSED.
Reference: P/4527/20 for the “demolition for existing building and the erection of a mixed use building, up to 5-storeys, including commercial floorspace (non-residential community use) at ground floor level and up to 41 dwellings above, with associated access from Elmgrove Road, parking, landscaping, and associated infrastructure.” – REFUSED
Both planning applications were refused on a similar basis:
1. No justification of the loss of protected employment floorspace.
2. Failure to demonstrate the proposed scheme can be accommodated on the site with out over-massing, loss of light, and amenity.
In broader terms, we are of the opinion the site has scope for redevelopment, however, any future applications will require fine tuning and further emphasis on the points above. Both decision notices on the previous planning applications can be found in the data room.
Rent
Notes
Please note the areas provided are approximate. The photos and any drawings are for illustrative purposes only and may not reflect the exact boundary of the property. Prospective purchasers must reply upon their own enquiries prior to bidding. Please refer to the legal pack.
Joint agents
Vandermolen Real Estate
Zach Harris
Email: zh@vandermolenre.co.uk
Mob: 0754 061 2327
Jamie Weiner
Email: jw@vandermolenre.co.uk
Mob:07500 530298
Savills Land
James Clare
Email: James.Clare@savills.com
Mob: 0798 094 4964
Bidding Process
The opportunity is being sold freehold, subject to the existing lease via a 2-stage auction bidding process:
Stage 1
Potential purchasers will be invited to place bids by a best and final date of midday on Thursday 20th February. These offers will then be considered by the client. Should an offer meet the clients’ requirements a successful bidder will be selected, and a sale will take place via an auction contract, which will be signed immediately along with receiving a 10% deposit. The property will be deemed as ‘sold prior to auction’.
Stage 2
If no standout bids are received or bids received are of a similar value then a reserve price will be set on the property, and it will be sold via a live online auction on Thursday 27th February.
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