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132 Pinner Road, Harrow, HA1 4JE

Guide Price
£660,000

Business rates & charges may apply

VDBM, Middlesex
SIZE

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SECTOR

High street retail property for sale

Key features

  • PRIME MIXED-USE FREEHOLD INVESTMENT
  • SELF-CONTAINED GROUND FLOOR COMMERCIAL PREMISES
  • LET ON A NEW 10 YEAR FRI LEASE
  • REAR YARD & 2 FORECOURT PARKING SPACES
  • SELF-CONTAINED 3 BED FLAT
  • TOTAL CURRENT INCOME £35,440 PA
  • POTENTIAL FOR FUTURE RENTAL GROWTH
  • LOCATED IN PROMINENT POSITION

Description

INVESTMENT - An excellent opportunity to acquire a mixed-use investment property in a sought after and well connected area. The property comprises:-

A ground floor self-contained commercial unit currently occupied on a new 10 year Full Repairing and Insuring (FRI) lease producing a rental income of £17,500 per annum.

A three bedroom self-contained flat above, currently let on an Assured Shorthold Tenancy at £1,495 per calendar month (£17,940 per annum).

The property also benefits from a rear yard and 2 private parking spaces at the front.

The commercial tenant provides a strong covenant and long term rental security while the residential unit offers a stable income with potential to increase rents over time.

Income Summary:-

Ground Floor commercial: £17,500 pa
Three bedroom Flat: £17,940 pa

Total £35,440 pa

Attractive yield with secure income and long term growth potential.

Situated in a prominent position on Pinner Road within close proximity to Harrow Town Centre. The area is well served by public transport with Harrow on the Hill and North Harrow stations nearby providing direct links to Central London via the Metropolitan Line and National Rail.

The surrounding area includes a mix of local retailers, amenities and residential housing making this a consistently popular rental location.

Each party to bear their own legal costs.

Strictly by appointment through VDBM.
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An energy performance certificate (EPC) is available upon request. The property has an asset rating of D (82).

PRIME MIXED-USE FREEHOLD INVESTMENT

SELF-CONTAINED GROUND FLOOR COMMERCIAL PREMISES

LET ON A NEW 10 YEAR FRI LEASE

REAR YARD & 2 FORECOURT PARKING SPACES

SELF-CONTAINED 3 BED FLAT

TOTAL CURRENT INCOME £35,440 PA

POTENTIAL FOR FUTURE RENTAL GROWTH

LOCATED IN PROMINENT POSITION

Energy Performance Certificates

Photo 5

Brochures

132 Pinner Road, Harrow, HA1 4JE

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • West Harrow Station0.2 miles
  • Harrow-on-the-Hill Station0.6 miles
  • North Harrow Station0.6 miles

About VDBM, Middlesex

30A Green Lane, Northwood, HA6 2QB

VDBM is an independent firm of Chartered Surveyors, providing a wide range of professional services to property owners and occupiers.

Each of our services can be tailored to meet the needs of clients whether they be individuals, companies or charities.

We are active Commercial Estate Agents with an extensive list of available properties. We have recently launched a bespoke search and acquisition service for investors and buyers.

Our services include: property management, rent reviews/lease renewals, valuations & residential lease extensions, party walls, dilapidations, buildings repairs & maintenance and building surveys.

Notes

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Disclaimer - Property reference 1194FH. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by VDBM, Middlesex. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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