297 Harrow Road Wembley Greater London HA9 6BD

  • 297 Harrow Road<br>Wembley<br>Greater London<br>HA9 6BD

297 Harrow Road
Wembley
Greater London
HA9 6BD

Freehold Retail and Residential Investment

  • Retail unit with three residential flats let on ASTs
  • Prominent location on the busy Harrow Road
  • Situated within walking distance of Wembley Stadium
  • Nearby occupiers include Papa John’s, William Hill, The Post Office and NHS Pharmacy
  • For the Seller's Legal Pack, please click the Property Documents tab below
  • Lot
    91
  • Auction
    7th July 2016
  • Rent
    £53,900 per Annum Exclusive
  • Status
    Sold
  • Price
    £602,000
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Squafre
    London W1H 7BG
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Freehold Retail and Residential Investment

  • Retail unit with three residential flats let on ASTs
  • Prominent location on the busy Harrow Road
  • Situated within walking distance of Wembley Stadium
  • Nearby occupiers include Papa John’s, William Hill, The Post Office and NHS Pharmacy
  • For the Seller's Legal Pack, please click the Property Documents tab below
  • Lot 91
  • Auction 7th July 2016
  • Rent £53,900 per Annum Exclusive
  • Status Sold
  • Price £602,000
  • Sector
    High Street Retail
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Squafre
    London W1H 7BG

Property Information

Location
Distance
900 metres south of Wembley Stadium,l 8 miles north-west of Central London
Roads
A40, A406, M1 (Junction 1)
Rail
Wembley Stadium Rail, Wembley Central Rail and Underground Station (Bakerloo Line), Wembley Park Underground Station (Metropolitan and Jubilee Line)
Air
Heathrow International Airport
Situation

The property is situated in the popular and affluent north-west London Borough of Wembley, on the busy Harrow Road just 900 metres from Wembley Stadium. The property benefits from close proximity to Wembley Stadium Rail, Wembley Central Rail and Underground Station (Bakerloo Line) and Wembley Park Underground Station (Metropolitan and Jubilee Line) and provides strong transport links to London and the North, with the M1 (Junction 1) to the north east of the property. Nearby occupiers include Papa Johns, William Hill, The Post Office and NHS Pharmacy.

Tenure

Freehold.

Location
Distance
900 metres south of Wembley Stadium,l 8 miles north-west of Central London
Roads
A40, A406, M1 (Junction 1)
Rail
Wembley Stadium Rail, Wembley Central Rail and Underground Station (Bakerloo Line), Wembley Park Underground Station (Metropolitan and Jubilee Line)
Air
Heathrow International Airport
Situation

The property is situated in the popular and affluent north-west London Borough of Wembley, on the busy Harrow Road just 900 metres from Wembley Stadium. The property benefits from close proximity to Wembley Stadium Rail, Wembley Central Rail and Underground Station (Bakerloo Line) and Wembley Park Underground Station (Metropolitan and Jubilee Line) and provides strong transport links to London and the North, with the M1 (Junction 1) to the north east of the property. Nearby occupiers include Papa Johns, William Hill, The Post Office and NHS Pharmacy.

Tenure

Freehold.

Description

The property comprises a ground floor retail unit with two studio flats at first floor and a one bedroom flat at second floor.

VAT

VAT is not applicable to this lot.

Completion Period

Six Week Completion

EPC

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

Description

The property comprises a ground floor retail unit with two studio flats at first floor and a one bedroom flat at second floor.

VAT

VAT is not applicable to this lot.

Completion Period

Six Week Completion

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 Review
297 Ground Retail
127.36 sq m
(1,370 sq ft)
 INDIVIDUAL
(t/a Eastern
European Food &
Wine)		 20 years from
24/06/2010 until
23/06/2030		 £21,500 24/06/2016,
24/06/2020,
24/06/2024 and
24/06/2028
297A Flat 1 First Residential
One Studio Flat
 INDIVIDUAL AST for six
months from
14/02/2015 (1)		 £10,200 (2)  
297A Flat 2 First Residential
One Studio Flat
 INDIVIDUAL AST for six
months from
16/02/2015 (1)		 £10,200 (2)  
297B Second Residential
One Bedroom Flat
 INDIVIDUAL AST for six
months from
09/03/2015 (1)		 £12,000 (2)  
Total Commercial Floor Area    
127.36 sq m
(1,370 sq ft)
     £53,900

(1) The tenant is holding over.
(2) The rent has been annualised.

Contacts

Seller's Solicitors
Krish Ratna & Co 61 A/2 King Street
Southall
Midelesex
UB2 4DQ
Krish Ratna 020 8574 6303krishratna@btconnect.com

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk
AquillaNatasha Ward+44 (0)20 3159 4314+44 (0)7545 208 759natashaw@aquillaib.co.uk

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