The Moon on the Hill, 373 to 375 Station Road Harrow London HA1 2AW
The Moon on the Hill, 373 to 375 Station Road Harrow London HA1 2AW
Town Centre Public House Investment
Let to J D Wetherspoon plc until 2036 (subject to option)
Tenant in Occupation Since 1991
Town Centre Location in Affluent North-West London Suburb
150m from Harrow-on-the-Hill Railway Station and 250m from St Ann's Shopping Centre with Occupiers such as Marks and Spencer, H.Samuel, Boots, Caffe Nero, Moss Bros and The Works
Nearby Occupiers include McDonald's, Domino's, Savers and an Eclectic Mix of Local Retailers
Let to J D Wetherspoon plc until 2036 (subject to option)
Tenant in Occupation Since 1991
Town Centre Location in Affluent North-West London Suburb
150m from Harrow-on-the-Hill Railway Station and 250m from St Ann's Shopping Centre with Occupiers such as Marks and Spencer, H.Samuel, Boots, Caffe Nero, Moss Bros and The Works
Nearby Occupiers include McDonald's, Domino's, Savers and an Eclectic Mix of Local Retailers
Lot 29
Auction 25th September 2024
Rent £86,250 per Annum Exclusive
Status Sold Prior
Price
Sector Public House
Auction Venue Live Streamed Auction
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. St Ann's Shopping Centre is 250m away with occupiers such as Marks and Spencer, H.Samuel, Boots, Caffe Nero, Moss Bros and The Works. Other nearby occupiers include McDonald's, Domino's, Savers and an eclectic mix of local retailers.
Tenure
Virtual Freehold.
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. St Ann's Shopping Centre is 250m away with occupiers such as Marks and Spencer, H.Samuel, Boots, Caffe Nero, Moss Bros and The Works. Other nearby occupiers include McDonald's, Domino's, Savers and an eclectic mix of local retailers.
Tenure
Virtual Freehold.
Description
The property comprises public house accommodation on the ground floor with ancillary accommodation in the basement and forms part of a larger building.
VAT
VAT is 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 public house accommodation on the ground floor with ancillary accommodation in the basement and forms part of a larger building.
VAT
VAT is 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
Floor
Use
Floor Areas Approx sq m
Floor Areas Approx sq ft
Tenant
Term
Rent p.a.x.
Rent Review (Reversion)
Basement Ground
Ancillary Public House
33.50 190.50
(361) (2,051)
J D WETHERSPOON PLC (1)
20 years from 15/02/2016 until 2036 (2)
£86,250
15/02/2026 (14/02/2036)
Total Approximate Commercial Floor Area
224.00
(2,412)
£86,250
(1) For the year ending 30/07/2023, TSB Bank PLC (CRN:SC095237) reported a turnover of £1,925,044,000, a pre-tax profit of £90,511,000 and a net worth of £392,953,000 (source: Northrow 14/08/2024). The tenant has been in occupation since 1991. (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.
If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.
