Planning consent granted for an additional two residential flats
Located on busy pedestrianised street in town centre
Nearby occupiers include NatWest, Costa Coffee, Santander, Greggs, O2 and Burton Menswear
For the Seller's Legal Pack, please click the Property Documents tab below
For a Buyer's Legal Report please click <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>
Lot 34
Auction 11th February 2016
Rent £46,314 per Annum Exclusive
Status Sold
Price £1,860,000
Sector High Street Retail
Auction Venue Radisson Blu Portman Hotel 22 Portman Square London W1H 7BG
On behalf of Joint LPA Receivers
Property Information
Location
Miles
8 miles south-east of Watford, 15 miles north-east of Slough, 16 miles north-west of Central London
Roads
A40 (Western Avenue), M1, M25, M40
Rail
Harrow-on-the-Hill Mainline Railway Station and Underground (Metropolitan Line)
Air
London Heathrow Airport
Situation
The property is situated in a prominent location on the northern side of the pedestrianised St Anns Road, Harrow’s prime retailing thoroughfare close to St Anns Shopping Centre. Nearby occupiers include NatWest, Costa Coffee, Santander, Greggs, O2 and Burton Menswear.
Tenure
Freehold.
Location
Miles
8 miles south-east of Watford, 15 miles north-east of Slough, 16 miles north-west of Central London
Roads
A40 (Western Avenue), M1, M25, M40
Rail
Harrow-on-the-Hill Mainline Railway Station and Underground (Metropolitan Line)
Air
London Heathrow Airport
Situation
The property is situated in a prominent location on the northern side of the pedestrianised St Anns Road, Harrow’s prime retailing thoroughfare close to St Anns Shopping Centre. Nearby occupiers include NatWest, Costa Coffee, Santander, Greggs, O2 and Burton Menswear.
Tenure
Freehold.
Description
The property comprises two ground floor retail units with two residential flats over the second and third floors. The first floor accommodation has planning consent for two additional residential flats. Please refer to http://www.harrow.gov.uk for further information (ref: P/1118/14).
Six Week Completion
Note
This property is being marketed for sale on behalf of Joint Law of Property Act Receivers and therefore no warranties or guarantees in any respect, including VAT, can be given. The information in these particulars has been provided by the Joint Law of Property Act Receivers to the best of their knowledge but the purchaser must rely solely upon their own enquiries. The Joint Law of Property Act Receivers are not bound to accept the highest or any offer and are acting in respect of this sale without personal liability.
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
The property comprises two ground floor retail units with two residential flats over the second and third floors. The first floor accommodation has planning consent for two additional residential flats. Please refer to http://www.harrow.gov.uk for further information (ref: P/1118/14).
Six Week Completion
Note
This property is being marketed for sale on behalf of Joint Law of Property Act Receivers and therefore no warranties or guarantees in any respect, including VAT, can be given. The information in these particulars has been provided by the Joint Law of Property Act Receivers to the best of their knowledge but the purchaser must rely solely upon their own enquiries. The Joint Law of Property Act Receivers are not bound to accept the highest or any offer and are acting in respect of this sale without personal liability.
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.
Tenancy & Accommodation
Unit
Floor
Use
Floor Areas (Approx)
Tenant
Term
Rent p.a.x
Reversion
10
Ground
Retail
104.32 sq m
(1,123 sq ft)
VACANT POSSESSION (1)
12
Ground
Retail
92.90 sq m
(1,000 sq ft)
ROUTE 9 LIMITED (t/a Nyva)
1 year from 04/12/2014 (1)
£32,100
03/12/2015 (2)
10 & 12
First
Retail (3)
150.78 sq m
(1,623 sq ft)
VACANT POSSESSION
10a
Second
Residential
75.80 sq m
(816 sq ft)
VACANT POSSESSION
10b
Third
Residential
75.80 sq m
(816 sq ft)
INDIVIDUALS
1 year from 12/06/2015
£14,214
11/06/2016
Totals
499.60 sq m
(5,378 sq ft)
£46,314
(1) As to the occupancy of unit 10, please refer to the legal pack. (2)The tenant of unit 12 is holding over. (3)Planning consent has been granted for the change of use of the first floor from retail to two self-contained residential flats.
Contacts
Seller's Solicitors
Wedlake Bell Solicitors 52 Bedford Row London WC1R 4LR
