Marsh Road, Pinner, Greater London, HA5

A well maintained property consisting of a ground floor shop of 940 sq ft GIA and currently trading as a children's school outfitters. The tenant business has traded from this location for over 20 years. The 2 bedroom flat above has its own entrance from the front of the property and is presented in good condition.

Location

Pinner is an affluent North West London village suburb in the London Borough of Harrow. The area has a strong retail offering inclusing Lidl, Sainsburys, & M&S Foods. Other retailers include Boots, Specsavers, WHSmith, Clarkes Shoes & Screwfix. 104 Marsh Road is located on a busy road leading into Pinner Village with good passing trade.

Terms

The property is for sale freehold with the benefit of the existing tenancies and income. Guide price £725,000 (Seven Hundred & Twenty Five Thousand Pounds).

The ground floor shop is let on a Full Repairing & Insuring lease to a LTD company (with a directors personal guarantor) for a term of 15 years from 06/07/16 with 5 yearly rent reviews. The current passing rent is £18,000 per annum.

The 2 bedroom flat is let on an Assured Shorthold Tenancy Agreement at a rental of £16,800 per annum.




Viewing

Chamberlain Commercial are contracted as sole agents and all viewings and negotiations must be arranged through our office. Interested parties who directly contact our clients will be excluded from taking this property.

To arrange a viewing please call Chamberlain Commercial on .

Energy Rating

Energy Rating C 72

Rental And Income

The ground floor shop is let on a Full Repairing & Insuring lease to LTD company (with a directors personal guarantor) for a term of 15 years from 07/07/15 with 5 yearly rent reviews. The current passing rent is £18,000 per annum.

The 2 bedroom flat is let on an Assured Shorthold Tenancy Agreement at a rental of £16,800 per annum.