The Moon on the Hill 373 / 375 Station Road Harrow Greater London HA1 2AW

The Moon on the Hill
373 / 375 Station Road
Harrow
Greater London
HA1 2AW

Virtual Freehold Public House Investment

Let to J D Wetherspoon plc until 2031 (subject to option)
Town centre location in affluent North-West London suburb
Neighbouring occupiers include McDonald’s, Pizza Hut, Barclays Bank and the Royal Bank of Scotland
Buyer's Legal Report available <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>

Lot
33
Auction
9th July 2015
Rent
£82,500 per Annum Exclusive
Status
Withdrawn Post
Price
Auction Venue
Radisson Blu Portman Hotel
22 Portman Square
London W1H 7BG

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Virtual Freehold Public House Investment

Let to J D Wetherspoon plc until 2031 (subject to option)
Town centre location in affluent North-West London suburb
Neighbouring occupiers include McDonald’s, Pizza Hut, Barclays Bank and the Royal Bank of Scotland
Buyer's Legal Report available <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>

Lot 33
Auction 9th July 2015
Rent £82,500 per Annum Exclusive
Status Withdrawn Post
Price
Sector
Leisure
Auction Venue
Radisson Blu Portman Hotel
22 Portman Square
London W1H 7BG

Property Information

Location

Miles: 11 miles north-west of Central London, 8 miles south-east of Watford, 9 miles north-east of Uxbridge
Roads: A40 (Western Avenue), M11, M25, M40
Rail: Harrow-on-the-Hill Mainline Railway Station and Underground (Metropolitan Line)
Air: London Heathrow Airport, Luton Airport

Situation

Harrow is an affluent North-West London suburb and is well known for the prestigious Harrow School. The property is situated in the heart of the town centre on the west side of the busy part pedestrianised Station Road within the established leisure pitch. Nearby occupiers include McDonald’s, Pizza Hut, Barclays, Royal Bank of Scotland, Iceland and Coral.

Tenure

Virtual Freehold. Held for a term of 999 years from 25th March 1998 at a peppercorn rent.

Location

Miles: 11 miles north-west of Central London, 8 miles south-east of Watford, 9 miles north-east of Uxbridge
Roads: A40 (Western Avenue), M11, M25, M40
Rail: Harrow-on-the-Hill Mainline Railway Station and Underground (Metropolitan Line)
Air: London Heathrow Airport, Luton Airport

Situation

Tenure

Virtual Freehold. Held for a term of 999 years from 25th March 1998 at a peppercorn rent.

Description

The property comprises public house accommodation on the ground floor with ancillary accommodation in the basement and forms part of a larger building.

Six Week Completion

Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor	Use	Floor Areas (Approx)		Tenant	Term	Rent p.a.x	Reviews
Basement Ground	Ancillary Public House	33.50 sq m 190.50 sq m	(361 sq ft) (2,051 sq ft)	J D WETHERSPOON PLC (1)	40 years from 15/02/1991 until 2031 on a full repairing and insuring lease	£82,500	15/02/2016 and 5 yearly
Totals		224.00 sq m	(2,412 sq ft)			£82,500

(1) For the year ending 27th July 2014, J D Weatherspoon plc reported a turnover of £1,409,333,000, pre-tax profits of £78,365,000 and a total net worth of £200,330,000. (Source: www.riskdisk.com 30/03/2015)
(2)The tenant occupies the property by virtue of a 25 year lease from 15th February 1991 until 14th February 2016 and a reversionary lease from 15th February 2016 until 14th February 2031. The reversionary lease is subject to a tenant option to determine the lease on 15th February 2026.