Commercial Property in London available for sale
823

Commercial Properties for Sale in London

Find commerical property for sale in London that meets your business or investment goals - page 17

More details for 23-25 Bridge St, Pinner - Office for Sale

Westbury House - 23-25 Bridge St

Pinner, HA5 3HR

  • Office for Sale
  • £3,750,000
  • 8,167 sq ft
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More details for North Woolwich Rd, London - Build-to-Rent for Sale

Cape House - North Woolwich Rd

London, E16 2TN

  • Retail for Sale
  • £300,000 - £527,000
  • 990 - 1,679 sq ft
  • 2 Units Available
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More details for 14 North Row, London - Retail for Sale

14 North Row

London, W1K 7DQ

  • Retail for Sale
  • £5,750,000
  • 5,719 sq ft
  • Air Conditioning
  • Security System
  • Commuter Rail
  • Controlled Access
  • Wheelchair Accessible
  • Smoke Detector

London Retail for Sale - London Oxford Street

We are inviting offers by Tuesday 21 July 2026, ahead of a formal auction on 28 July 2026. If the property is sold ahead of the auction date, the transaction will proceed on the auction contract. Unique opportunity to purchase a newly re-developed Mayfair building with excellent optionality for medical or adult educational users. Located in Mayfair, London's most exclusive submarket Attractive period building, redeveloped behind a Grade II listed façade, comprising 5,718 sq ft (GIA) Finished to shell and core, ready for the new owner or occupier to create their own unique operational space Permitted for use as a medical centre (Class E) or adult education training facility (Class F1) The floorplates benefit from regular, efficient configuration, high levels of natural light and good floor-to ceiling heights Offered with the benefit of full vacant possession, of interest to owner occupiers and investors alike New 125 year leasehold interest from the Grosvenor Estate at a Ground Rent of £17,500 per annum subject to five yearly RPI reviews Offers are invited in excess of £5,750,000, subject to contract and exclusive of VAT. 14 North Row is located in Mayfair, one of London's most prestigious sub markets, due to its supreme elegance, characterised by designer retail, Michelin-star restaurants, exclusive members clubs and five- star hotels providing occupiers with the best that London has to offer. 14 North Row is situated between Hyde Park and Grosvenor Square at the western end of North Row. This prime location runs parallel to Oxford Street, London's highest ranked street in terms of footfall with over 120 million visitors annually. (Apr 23-24, NWEC). In addition the property sits in very close proximity to the well established medical clusters of Wigmore Street (5 minute walk) and Harley Street (10 minute walk). The property benefits from excellent transport connectivity. Bond Street (Jubilee, Central, and Elizabeth lines) and Marble Arch (Central line) Underground stations are just a short walk away. Providing easy access around London to national rail services and international airports. Additionally, the opening of the Elizabeth line at Bond Street Station, along with new ticket halls and access points at Hanover Square and Davies Street, has significantly improved connectivity. 14 North Row is an attractive Grade II listed building that was originally built in 1898. The building has been newly redeveloped behind a listed façade, comprising 5,718 sq ft of Gross Internal Area (GIA), arranged over lower ground, ground and two upper floors. In addition the property benefits from a rear courtyard, terrace and bike store. The building has been finished to shell and core, as per the Base Build Specification (Appendix 1), including: Existing roof removed, new non-combustible insulation and slate roof reinstalled. New concrete slab on lower ground and ground floor. Existing timber floors on the 1st and 2nd floors have been structurally upgraded to 2.5kPA and levelled with fire-resistant screed board. New reinforced concrete lift shaft. 14 North Row has the perfect blend to attract a wealthy clientele. It offers the best amenities in London and capitalises on the affluence of Mayfair and Marylebone's residential and business catchment, With its discrete location within the W1 medical cluster and proximity to leading educational providers, it embodies the pinnacle of prestige and convenience. 14 North Row features a prominent double frontage onto North Row and is self contained, creating an opportunity for owner occupiers to 'brand' the entire building. The property has been delivered shell and core, open plan with highly flexible floorplates, making it particularly well-suited to medical or educational use. A new long leasehold interest will be granted for a term of 125 years from the Grosvenor Estate at a Ground Rent of £17,500 per annum subject to five yearly RPI reviews. Floors Lower ground and ground floors New concrete slab on lower ground and ground floor. Final floor finish. Walls, Linings, Doors & Windows Lower ground walls Drained cavity system to all basement walls/floor, including vaults. Timber battens for tenant linings. Insulation and linings. Retained brick walls to ground, L1 & L2 Breathable thermal render to retained external walls. Insulation and linings. External doors External doors to main entrance and terrace External doors with actuators to cycle storage. N/A External stable doors to front elevation. Roof Roof Existing roof removed, new non-combustible installation and slate roof reinstalled. N/A Planting Planters installed to terrace. Green roof to cycle store. Top soil and planting to meet biodiversity requirements. Water 25mm MDPE single connection to basement plantroom by Thames Water. Final design, supply and install of all cold and hot water installations. (external). Capped drainage connections to sewer.

Contact:

Savills

Date on Market:

31/07/2024

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More details for 98 Saint Peters Way, Hayes - Health Care for Sale

Lansdowne House - 98 Saint Peters Way

Hayes, UB3 5AB

  • Health Care for Sale
  • £3,000,000
  • 8,105 sq ft

Hayes Health Care for Sale - Harlington

The property comprises an attractive double fronted Edwardian detached brick built, with a modern extension to the rear. The property is fitted out as a care facility with associated treatment rooms, office areas, kitchen dining room and lounge. The property sits on a site of approximately 1.36 acres.<br/><br/>The property is within Harlington Village and is 1.2 miles from Hayes & Harlington Elizabeth Line Station. By road the property is within 2 miles of the M4 Motorway (J4). Heathrow Airport is within 3.2 miles.<br/><br/>Planning consent was granted in February 2010 for "a single story rear extension for use as a daycare centre with two large roof lanterns”. It is assumed that the premises have the benefit of Class E (F) which encompasses “creche, day nursery or daycare centre, not including residential use principally to visiting members of the public”. Also within Class E (e) is “the provision of medical or health services principally to visiting members of the public” and (g)(i) is “an office to carry out any operational or administrative functions”. Prospective purchasers are advised to satisfy themselves in this regard.<br/><br/><br/><br/>To comply with the Money Laundering Regulations 2017, we are legally required to verify the identity of all parties to a transaction. Prospective purchasers/tenants must provide satisfactory identification documents and information regarding the source of funds. These checks will be carried out by an independent party before any agreement is formally entered into. The tenant or purchaser will be responsible for these costs.

Contact:

David Charles Property Consultants

Date on Market:

22/07/2024

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More details for Bexley High St, Bexley - Office for Sale

River House - Bexley High St

Bexley, DA5 1JX

  • Office for Sale
  • £1,750,000
  • 5,801 sq ft
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More details for 10 Mulgrave Rd, Sutton - Retail for Sale

10 Mulgrave Rd

Sutton, SM2 6LE

  • Retail for Sale
  • £400,000
  • 1,086 sq ft
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More details for 50,52,54 High Street, Staines – Retail for Sale

50,52,54 High Street, Staines

  • Retail for Sale
  • £1,600,000
  • 9,934 sq ft
  • 2 Retail Properties

Portfolio of properties for Sale - Spelthorne

Investment Consideration: Gross Initial Yield: 6.71% Rental Income: £107,410 p.a. Fixed rental uplifts on all units VAT is applicable to this property Comprises parade of 3 retail shops t/a Subway (No.50), Retail (No.52) and Ryman Stationery (No.54) Situated opposite Elmsleigh Shopping Centre with occupiers close by including McDonald`s, Greggs, WH Smith, Caffè Nero and Lloyds, Barclays, HSBC and NatWest banks, amongst others. Property Description: The property comprises mid-terrace parade of 3 shops t/a Subway (No.50), Retail (No.52) and Ryman Stationery (No.54). Retail shop No.52 has been subdivided into 2 units by existing tenant t/a Mobile Phone Shop and a Jewellery Store. Each shop benefits from rear access, providing the following accommodation and dimensions: Shop No.50: 125 sq m (1,346 sq ft) Open plan seating, kitchen, office, storage, wc Shop No.52: 107 sq m (1,152 sq ft) Open plan retail, storage, wc Shop No.54: 124 sq m (1,335 sq ft) Open plan retail, storage, wc Total GIA: 356 sq m (3,833 sq ft) Tenancy: Shop No.50 is at present let to Safa Associates Ltd t/a Subway for a term of 10 years from 13th July 2022 at a current rent of £37,000 per annum and the lease contains full repairing and insuring covenants. Fixed rental uplift to £39,000 p.a. in July 2025 and £40,000 p.a. in July 2027. Mutual option to determine in July 2027 with min 6 months notice. Shop No.52 is at present let to Individuals for a term of 10 years from 12th October 2020 at a current rent of £28,410 per annum and the lease contains full repairing and insuring covenants. Fixed 3-yearly rental uplifts at 3% p.a. compounded. No breaks. Shop No.54 is at present let to Ryman Limited for a term of 10 years from 29th March 2018 at a current rent of £42,000 per annum and the lease contains full repairing and insuring covenants. Fixed rental uplift to £43,000 p.a. in March 2025 and £45,000 p.a. in March 2027. Break clause in 2024 NOT exercised. Tenure: Long Leasehold. Held on a 999 year lease from 28th February 2019 at a ground rent of peppercorn. Location: Staines-upon-Thames, with a population of some 18,000, is located on the River Thames within the London commuter belt, some 18 miles west of the city centre and 4 miles south of Heathrow. The town is within the M25 Motorway, close to Junction 13 and the A30. There are regular rail services to London Waterloo (fastest journey time 35 minutes). The property is well located on the north side of High Street, close to its junction with Tillys Lane. The main entrance to the Elmsleigh Shopping Centre is diagonally opposite the property and occupiers close by include McDonald`s, Greggs, WH Smith, Caffè Nero and Lloyds, Barclays, HSBC and NatWest banks, amongst others.

Contact:

Blue Alpine Partners Ltd

Date on Market:

27/06/2024

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More details for 45 Great Queen St, London - Retail for Sale

Prince of Wales - 45 Great Queen St

London, WC2B 5AA

  • Retail for Sale
  • £8,000,000
  • 7,392 sq ft
  • Air Conditioning
  • Security System
  • 24 Hour Access
  • Smoke Detector

London Retail for Sale - Midtown, London

The property is situated on Drury Lane, a short distance from Covent Garden Underground Station, in the heart of theatreland making it ideally positioned to benefit from the high number of visitors generated by the diverse entertainment offering. The Prince of Wales is surrounded by the popular tourist destinations of Oxford Street and The British Museum to the north, Covent Garden and The Strand to the south along with Leicester Square, Seven Dials and Piccadilly to the west, each with their own diverse entertainment and retail offering. The property is held freehold (Title Number 426466). The entire property is let on a 30 year lease to Spirit Pub Company (Managed) Limited (Company Number 05269240) and guaranteed by Punch Pubs & Co Limited (Company Number 03982441) expiring on 23 June 2034 at a current rent of £340,058 per annum which is subject to an open market review on 25 December 2024 and 2029. In addition to the statutory right to renew the lease under the Landlord and Tenant 1954 Act, the tenant also has a contractual right to renew the lease for a further 30 years on the same terms. There is an Authorised Guarantee Agreement from Spirit Managed Inns Limited (Company No. 05266815) and a guarantee of the Authorised Guarantee Agreement from Spirit Intermediate Holdings Limited (Company No. 04914762).

Contact:

Savills

Property Subtype:

Bar

Date on Market:

28/05/2024

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More details for 89 Lower Addiscombe Rd, Croydon - Retail for Sale

89 Lower Addiscombe Rd

Croydon, CR0 6PT

  • Retail for Sale
  • £300,000
  • 1,450 sq ft
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More details for 74 Compton St, London - Retail for Sale

74 Compton St

London, EC1V 0BN

  • Retail for Sale
  • £1,100,000
  • 1,267 sq ft
  • 24 Hour Access
  • Smoke Detector

London Retail for Sale - Farringdon

Rare find Freehold for sale in prime Clerkenwell location, London EC1. Currently used as a hair and beauty salon, with other possible uses subject to planning. The area, steeped in history from medieval times, has been voted this year's best neighbourhood in London by the Sunday Times, thanks to its unique blend of historical sites, culture, restaurants and entertainment, as well as for being a global hub for interior design and architecture. This property, located within a conservation area, offers many period features and extends to approximately 1267 sq. ft over four floors, with excellent interiors and flexible accommodation which allows the top two floors to be used as a business or also for residential quarters. The sale would be subject to VAT or can also be sold as a Transfer Of Going Concern (TOGC), whereby the tenant would stay for a minimum 6 months. Accommodation includes a basement currently used for storage and laundry room facilities, a ground floor beauty salon with access to a private patio at the back, and a toilet, first floor with a lovely room providing additional space for the hairdressers which also counts with a kitchenette area, and a top floor which was used for aesthetics treatments and has a shower room and an additional room which could be used as a bedroom. This offers an unique live/work proposition, and potential for a variety of business arrangements. Transport links are excellent with Farringdon Underground Station and Rail Station (Elizabeth Line, Metropolitan and Circle Lines) providing also direct links to four London airports. This superb property is presented chain-free, offering a coveted and sought-after opportunity to buy a historic building.

Contact:

Hurford Salvi Carr

Property Subtype:

Shopfront Retail / Residential

Date on Market:

28/03/2024

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More details for 33 Lavender Hl, London - Retail for Sale

33 Lavender Hl

London, SW11 5QW

  • Retail for Sale
  • £700,000
  • 1,076 sq ft

London Retail for Sale - Battersea

Investment Consideration: OIEO: £700,000 Gross Initial Yield: 4.21% Rental Income: £29,500 p.a. VAT is NOT applicable to this property Comprises restaurant at ground floor, self-contained storage at first floor and 2 residential flats at first and second floor (both sold-off) Residential development potential of retail ancillary at rear, subject to obtaining vacant possession Nearby occupiers include Co-op Supermarket, Sainsburys, Pizza Hut, Café Nero and more. Property Description: Mid-terrace building comprising ground floor restaurant with outdoor seating, self-contained storage space at first floor and 2 residential flats at first and second floor (both sold-off), providing the following accommodation and dimensions: Ground Floor Restaurant: 80 sq m (861 sq ft) Open plan seating area, kitchen, storage First Floor Storage: 20 sq m (215 sq ft) First Floor: Flat A (sold-off) Second Floor: Flat B (sold-off) Total GIA: 100 sq m (1,076 sq ft) Tenancy: The restaurant is at present let to an Individual for a term of 15 years from 20th July 2018 at a current rent of £27,500 p.a. and the lease contains full repairing and insuring covenants. Fixed increase to £30,250 p.a. in July 2026 and £33,275 p.a. in July 2030 until the remainder of the lease. The storage unit is at present let on a tenancy at will at a current rent of £2,000 p.a. Flat 33A has been sold-off on long leasehold for a term of 189 Years from 25th March 1983 at a ground rent of peppercorn. Reversion 2172. Flat 33B has been sold-off on long leasehold for a term of 189 Years from 25th March 1983 at a ground rent of peppercorn. Reversion 2172. Location: Battersea is a district of South-West London, England, within the London Borough of Wandsworth. It is located on the south bank of the River Thames, 2.9 miles (4.7 km) southwest of Charing Cross. Transport links are provided by Clapham Junction rail station and Clapham Common underground station (Northern Line). Nearby occupiers include Co-op Supermarket, Sainsburys, Pizza Hut and Café Nero, amongst many more.

Contact:

Blue Alpine Partners Ltd

Property Subtype:

Shopfront Retail / Residential

Date on Market:

12/02/2024

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More details for 128-130 Frant Rd, Thornton Heath - Light Industrial for Sale

128-130 Frant Rd

Thornton Heath, CR7 7JU

  • Light Industrial for Sale
  • £1,700,000
  • 9,996 sq ft
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More details for 5 Court Parade, Wembley - Retail for Sale

5 Court Parade

Wembley, HA0 3HY

  • Retail for Sale
  • £850,000
  • 837 sq ft
  • Security System

Wembley Retail for Sale

Investment Consideration: VAT is NOT applicable to this property Comprises ground floor shop (sold-off), 2-bedroom flat at first floor, 4-bedroom flat at second/third floor and self-contained plot of land at rear, currently used as a car parking Flat B provides development potential to be split into 2 self-contained residential dwellings, STTP Rear land provides development potential for additional residential dwelling/s or warehouse unit, STTP Occupiers nearby include pharmacy, estate agents, off-license shop, restaurant and many more. Property Description: Mid-terrace building comprising ground floor shop (sold-off), 2-bedroom flat at first floor, 4-bedroom flat at second/third floor and plot of land at rear, currently used as a car parking, providing the following accommodation and dimensions: Ground Floor Shop: Sold off First Floor Flat A: 44.60 sq m (480 sq ft) 2 bedrooms, kitchen/living room, bathroom Second/Third Floor Flat B: 80.60 sq m (868 sq ft) 4 bedrooms, kitchen, living room, 2 bathrooms, walk in wardrobe Land at rear: 87 sq m (936 sq ft) Flat B development potential to be split into 2 self-contained residential dwellings, STTP. Land at rear future development potential for erection of additional residential dwelling/s or warehouse/light industrial unit, STTP. Tenancy: The ground floor shop has been sold-off on long leasehold to NBE Investments Ltd for a term of 999 years from 11th November 2022 at a ground rent of peppercorn. Flat A is at present let on AST to an Individual for a term of 12 months from 1st December 2023 at a current rent of £21,000 p.a. Flat B is at present let on CLT to Aston Pearl Ltd for a term of 3 years from 17th November 2023 at a current rent of £33,000 p.a. Mutual option to determine at any time with minimum 2 months notice. Land at rear is at present let to M One Motors Ltd (with personal guarantee) for a term of 5 Years from 25th December 2023 at a current rent of £12,600 p.a. and the lease contains full repairing and insuring covenants. Deposit held of £1,000. Development Potential Flat B: The vendor has drawn plans for potential conversion of second/third floor Flat B into 2 self-contained dwellings, subject to obtaining the necessary consents. Proposed Second Floor Flat: 44.6 sq m (480 sq ft) 1 Bedroom, Kitchen/Dining, Living Room, Bathroom Proposed Third Floor Flat: 37 sq m (398 sq ft) 1 Bedroom, Kitchen/Dining, Living Room, Bathroom Location: Unlike typical British high streets Wembley does not have a town centre network or pedestrianised high streets, with almost all commercial high street businesses along a 1000-yard stretch of road (High Road). Wembley lies very close to the A406 North Circular Road, with easy access to M1 and M25. The property is located within 0.6 miles from Sudbury Hill and North Wembley Tube/Train Stations on the north side of Court Parade, at the junction with East Lane (A4088). Its proximity to Watford Road and South Kenton Underground Station (Bakerloo Line) significantly enhances commercial viability. The area, marked for growth, positions this property as a strategic investment for future development. Occupiers nearby include pharmacy, estate agents, off-license shop, restaurant/ takeaways and many more.

Contact:

Blue Alpine Partners Ltd

Property Subtype:

Shopfront Retail / Residential

Date on Market:

03/12/2023

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More details for 9-11 Grosvenor Gdns, London - Office for Sale

9-11 Grosvenor Gdns

London, SW1W 0BD

  • Office for Sale
  • £10,500,000
  • 16,957 sq ft
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More details for Blackfen Rd, Sidcup - Retail for Sale

Blackfen Rd

Sidcup, DA15 8PS

  • Retail for Sale
  • £885,000
  • 410 sq ft
  • Security System

Sidcup Retail for Sale

Investment Consideration: VAT is NOT applicable to this property Comprises retail shop and 1-bed flat on ground floor with 3 studio flats at first and second floor Nearby occupiers include Coral Betting, Costa Coffee, amongst a number of local traders including estate agent, grocery store, pharmacy and restaurant/takeaways. Property Description: Comprises mid-terrace building arranged to provide a ground floor shop t/a hair salon, a one bedroom self-contained flat at rear ground floor and a 3 x studio flats with additional communal kitchen at first and second floor, providing the following accommodation and dimensions: Ground Floor Retail: Beauty salon 38 sq m (410 sq ft) Ground Floor Rear: 1-Bed Flat 28 sq m (301 sq ft) First Floor: 1 x Studio Flat 17 sq m (183 sq ft) Second Floor: 2 x Studio Flat 38 sq m (409 sq ft) Tenancy: The Retail Shop is at present let to Melena Mane Ltd with Personal Guarantee, t/a Hair Salon for a term of 6 Years 11 Months from 22nd May 2026 at a current rent of £16,500 p.a. and the lease contains full repairing and insuring covenants. Rent review every 3 years open market. No breaks. Deposit held of £4,125. Flat 1 is at present let on an AST to an Individual for a term of 12 Months from 8th January 2023 at a current rent of £15,600 p.a. Deposit held of £1,300. Studio 3 is at present let on a Guaranteed Rent Agreement to N&N Property Management Limited for a term of 36 Months from 27th August 2020 at a current rent of £10,200 p.a. Studio 4 is at present let on a Guaranteed Rent Agreement to Smartspace Property Solutions Limited for a term of 24 Months from 1st August 2023 at a current rent of £11,400 p.a. Tenant option to determine at any time with min 1 month notice. Studio 5 is at present let on a Guaranteed Rent Agreement to Smartspace Property Solutions Limited for a term of 36 Months from 10th March 2022 at a current rent of £10,800 p.a. Tenant option to determine at any time with min 1 month notice. Location: Sidcup is an area of south-east London, England, primarily in the London Borough of Bexley. It is 11.3 miles south-east of Charing Cross, bordering the London Boroughs of Bromley and Greenwich. Sidcup Train Station provides the area with South-eastern services to London Charing Cross, London Cannon Street via Lewisham, Woolwich Arsenal, Dartford and Gravesend. East Rochester Way on the A2 road runs partly through the district, adjoining Blackfen Road. The road provides links to the Blackwall Tunnel and Kent. The property is situated on an established parade amongst the local shops and amenities of Blackfen Road. Nearby occupiers include Coral Betting, Costa Coffee, amongst a number of local traders including estate agent, grocery store, pharmacy and restaurant/takeaways.

Contact:

Blue Alpine Partners Ltd

Property Subtype:

Shopfront Retail / Residential

Date on Market:

04/09/2023

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More details for Admirality Close, West Drayton - Retail for Sale

Admirality Close

West Drayton, UB7 9NG

  • Retail for Sale
  • £1,600,000
  • 3,703 sq ft

West Drayton Retail for Sale - Hillingdon

Investment Consideration: VAT is applicable to this property Rent reviews lined to RPI in 2028, 2032 and 2038 Let to a large nursery operator with 72 locations across UK Comprises purpose build children`s nursery arranged over ground and first floor Situated on quiet residential street within 8 min walk from West Drayton High Street Property Description: Comprises purpose build children`s nursery which forms part of a new-build residential block. The property benefits from gated vehicular access with parking and outdoor space and provides the following accommodation and dimensions: Ground Floor: 161 sq m (1,733 sq ft) Reception, Play Rooms, Office, WCs First Floor: 183 sq m (1,970 sq ft) Kitchen, Office, Staff Room, Storage Total area size: 344 sq m (3,703 sq ft) Tenancy: The property is at present let to The Childcare Corporation Ltd* for a term of 20 Years from 5th April 2023 at a current rent of £90,000 p.a. and the lease contains full repairing and insuring covenants. Rent review linked to RPI on 5th April 2028 and every 5th year after. Tenant option to determine on 5th April 2033 with min 6 month`s notice. Tenure: Long Leasehold. Held on a 125 year lease from 24th December 2006 at a ground rent of £1,200 p.a. Fixed rental increase to £2,400 p.a. in 2031, £4,800 p.a. in 2056 and £19,200 p.a. in 2081 until the remainder of the term. Reversion 2131. Location: West Drayton is a suburban town in the London Borough of Hillingdon. West Drayton has rapid connectivity to the M4 and thereafter to the M25 and motorways north-west and south-west. The M4 spur and the A408 Stockley Road by-pass links to Heathrow Airport and to the Stockley Business Park, respectively. The property is situated on quiet residential street within 8 min walk from West Drayton High Street and Train Station.

Contact:

Blue Alpine Partners Ltd

Date on Market:

19/06/2023

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More details for 207 Watford Rd, Harrow - Retail for Sale

207 Watford Rd

Harrow, HA1 3UA

  • Retail for Sale
  • £995,000
  • 1,560 sq ft

Harrow Retail for Sale - Harrow on the Hill

Investment Consideration: Gross Initial Yield: 7.09% Rental Income: £70,560 p.a. VAT is NOT applicable to this property Comprises retail shop at ground floor with 5-Bed HMO at first and second floor Future development potential, STTP Planning previously approved for single storey extension at rear Occupiers close by include Post Office and Costcutter, amongst other local retailers. Property Description: Comprises ground floor retail shop t/a tattoo parlour and 5-Bed HMO at first and second floor, providing the following accommodation and dimensions: Ground Floor: Retail Shop 65 sq m (700 sq ft) Reception, Retail Area, Storage, WC First/Second Floor: 5-Bed HMO 80 sq m (860 sq ft) 5 studios with kitchenette and 2 shared bathrooms Future development potential. Planning previously approved for single storey extension at rear to provide larger retail premises. Tenancy: The ground floor shop is at present let to Individual t/a Wellness Studio for a term of 10 Years from 7th August 2025 at a current rent of £21,000 per annum and the lease contains full repairing and insuring covenants. Rent review linked to RPI in August 2030. Tenant option to determine in August 2030 with min 6 months notice. Deposit held of £5,250. Studio 1 is at present let to on AST to an Individual for a term of 12 months from 13th March 2023 at a current rent of £9,960 p.a. Deposit held of £865. Studio 2 is at present let to on AST to an Individual for a term of 12 months from 6th October 2022 at a current rent of £9,600 p.a. Deposit held of £720. Studio 3 is at present let to on AST to an Individual for a term of 12 months from 18th September 2022 at a current rent of £7,860 p.a. Deposit held of £750. Studio 4 is at present let to on AST to an Individual for a term of 12 months from 31st January 2021 at a current rent of £9,600 p.a. Deposit held of £802. Studio 5 is at present let to on AST to an Individual for a term of 12 months from 18th September 2021 at a current rent of £7,500 p.a. Deposit held of £720. The rear land is at present let on License to Occupy to Constance Cars Ltd for a term of 3 Years from 24th January 2024 at a current rent of £3,600 p.a. Fixed rental increase to £4,140 p.a. on 25.02.26 until the end of term. Tenant option to determine on 24.01.26. Location: Harrow is a large town in Greater London, England, and serves as the principal settlement of the London Borough of Harrow. The property is situated along the busy Watford Road, close to the junction with East Lane. Occupiers close by include Post Office and Costcutter, amongst other local retailers.

Contact:

Blue Alpine Partners Ltd

Date on Market:

30/05/2023

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