28 & 30 High Street, Northwood HA6 1BN
- PROPERTY TYPE
Commercial Property
- SIZE
Ask agent
Key features
- A freehold mid-terrace property comprising of 2 x commercial units, 2 x two bedroom flats and land/yard to the rear
- The property is underlet offering future asset management potential to improve the passing rent (subject to negotiation)
- Development potential to add an additional dwelling to the rear of the property (subject to the requisite consents)
- 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
StrapLine
Auction Sale - 06/05/2026 - To book viewings, view the legal pack and register to bid please refer to the full sales particulars on the Savills Auctions websiteA freehold mid terrace property comprising of two commercial units at ground floor level and 2 x two bedroom flats at first floor, with rear land/yard. The property offers asset management and development potential both through re-gearing the existing leases and building a mews dwelling to the rear (subject to the requisite consents).
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 is currently a tenancy at will 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.
Location
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
Tenancy
28 & 28A High Street Ground floor and First floor flat
- Let to Board of Ironing
- Lease has expired and the tenant is Holding Over
- Overriding lease over the ground commercial premise and 2 x bedroom flat at 1st floor
- Investment let at £18,000p.a.
30 High Street, Ground floor commercial unit
- Let to Care in the Community
- Tenancy at Will
- Investment let at £12,000 p.a.
30A High Street, First floor flat 2 x bedroom flat
- 2 x bedroom flat
- AST expired September 2025
- Holding over
- Investment let at £12,750 p.a.
Total = £42,150 p.a.
We believe that the property is under let and that there is asset management potential to improve the passing rent (subject to negotiation)
Accommodation
Please refer to the floor plan
28 & 30 High Street, Northwood HA6 1BN
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
Notes
Disclaimer - Property reference 222-20233. 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 Auctions, London. 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.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Savills Auctions, London on 020 3909 6715.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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