376 Northolt Road, Harrow
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- SIZE
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- SECTOR
Mixed use property for sale
Key features
- Value-Add Mixed Use Investment Opportunity
- Ground Floor Retail Unit with Residential Upper Parts
- Ground Floor Unit Vacant
- Asset Management Potential Via Letting
- ERV £36,800 per annum
- Two Bedroom Split Level Flat to the Upper Parts
- Let on an AST
- Popular High Footfall Pitch
- Investment Let at £16,800 p.a. with Vacant Ground Floor
- ERV Refelcts 11.15% on Guide Price
Description
Arranged across ground, first and second floors, the property comprises a ground floor retail unit with a two bedroom, split-level, flat to the upper parts.
The ground floor is currently vacant, and we consider there is evident asset management potential via letting of this space. We consider the Estimated Rental Value (ERV) of the ground floor unit to be in the order of £20,000 per annum.
The upper parts are currently let on an Assured Shorthold Tenancy (AST) which expired 03.05.2025 and paying £16,800 per annum, the tenant is continuing to occupy the flat on a periodic tenancy.
The property occupies a prominent pitch with a frontage to Northolt Road, a principal arterial route connecting the centres of South Harrow and Northolt Park. The street therefore benefits from high footfall and is characterised by a mix of residential, retail and similar mixed uses. Nearby occupiers include Medivet, Kwik Fit, Specsavers and Aldi.
Brochures
376 Northolt Road, Harrow
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Northolt Park Station0.3 miles
- South Harrow Station0.3 miles
- Northolt Station0.9 miles
Notes
Disclaimer - Property reference 7EDC0E08-67A6-47FB-B5C0-56F11E351777. 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 Savills, Savills Auctions- Commercial. 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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