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Mixed use property for sale

28 & 30 High Street, , 28 & 30 High Street, Northwood

Guide Price
£795,000

Business rates & charges may apply

Savills, Savills Auctions- Commercial
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SECTOR

Mixed use property for sale

Key features

  • Freehold of 2 x commercial units 2 x two bed flats & land/yard at rear
  • Property underlet offering future asset management to improve the passing rent
  • Development potential to add an additional dwelling to the rear of the property
  • Break up potential to sell off the units separately
  • No VAT on sale price
  • 6 Week completion available
  • Northwood Station 0.6 miles from the property
  • Investment let at £42,150 p.a.

Description

A freehold mid terrace property comprising of two x lock up shops and two x 2 bedroom flats. There is a right of a way going through the under croft providing access to the rear of the property. There is a strip of land/ yard behind No28 which offers future development for a mews style dwelling (subject to the requisite consents).

The tenant of No 28 is currently holding over (lease has expired), offering the potential to let the flat out on a separate agreement.

The tenant of No 30 ground floor lease expires in February 2026 offering asset management potential to improve the passing rent.

No 30 Flat (1st Floor) the tenant is currently holding over, offering the potential to improve the passing rent.

The above asset management potential plays are subject to negotiation with the existing tenants.

Nearby occupiers include a wide range of local and independent retailers.

The property is located on the East side of the High Street close to the junction with Hollowell Road.

Northwood Station located an approx. 0.6 miles from the property.

Transport
Northwood Station - Underground services

Brochures

28 & 30 High Street, , 28 & 30 High Street, Northwood

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Northwood Station0.5 miles
  • Northwood Hills Station0.5 miles
  • Pinner Station1.7 miles

About Savills, Savills Auctions- Commercial

33 Margaret Street, London, W1G 0JD

Notes

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Disclaimer - Property reference 78F15739-8415-4B9D-839D-B90BA8AA8F23. 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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