35-43 High Street, Wealdstone, Harrow, HA3 5DF
Size
30,855
Tenure
Freehold
EPC
Parking
17
- Primary use
- Other
Key features
- Freehold
- Located on busy high street pitch with rear car park providing 17 spaces
- Purpose built, commercial unit comprising a supermarket at ground floor and a gym at ground and first floor level totalling 30,855 sq ft
- The foodstore is let to Asda Stores Ltd at a current passing rent of £249,088 per annum for a period of 25 years (without break) until 12.04.2040
- The lease is subject to 5 yearly, RPI linked reviews with a collar and cap of 1% and 3.5% compounded annually
- The leisure space at ground and first floor is let to The Gym Ltd at a current passing rent of £287,103 per annum for a period of 15 years (without break) until 12.04.2030
- Total passing rent of £536,191 per annum
- The WAULT is 8.76 years with a term certain of 14 years to Asda
Description
The property is situated on the High Street in the heart of Wealdstone, one of north west London’s principal town centres and an established commercial and residential hub. Wealdstone High Street forms a key retail and leisure pitch within the town, benefitting from strong pedestrian flow generated by its diverse retail provision, surrounding residential density and proximity to major transport links. Harrow & Wealdstone Station is within walking distance, providing Bakerloo Line Underground services and National Rail connections to London Euston, while Harrowon-the-Hill offers additional Overground and rail services. The area is further supported by an extensive bus network and convenient access to the A40, A406 and M1.
Wealdstone has undergone significant investment and regeneration in recent years, reinforcing its position as a strategic metropolitan centre. Developments including the transformation of St George’s and St Ann’s Shopping Centres, alongside substantial residential-led schemes such as Harrow View West and East and other high-rise mixed-use projects, have introduced a considerable number of new homes and enhanced the town centre environment. Ongoing public realm improvements and continued inward investment are strengthening Harrow & Wealdstone’s appeal as a destination for living, retail and leisure.
The immediate vicinity is characterised by a vibrant mix of national multiples and independent operators, creating an active day-to-evening economy. Notable occupiers along and around the High Street include independent convenience store operators, established high street retailers and a broad selection of cafés, restaurants and takeaway operators reflecting the area’s diverse demographic profile. The combination of a substantial local population, continued residential growth and excellent connectivity supports sustained demand from retail and food and beverage occupiers, positioning Wealdstone High Street as a resilient and well-established suburban trading location within Greater London.
The property is situated within the London Borough of Harrow local authority area and occupies a prominent position on Wealdstone High Street within the town centre. The property is not listed and does not fall within an Article 4 Direction area.
We have instructed Pegasus Group to consider the potential development opportunities and it has been established that the site is eligible to utilise Class MA permitted development for the change of use of the ground and first floors from commercial (Class E) to residential (Class C3), subject to confirmation from the Council that there are no restrictive conditions attached to the operative permissions(s).
The principle of intensifying the site through an upwards extension and / or a small rear extension to provide additional residential units is likely to be considered acceptable in planning terms, subject to full planning permission and detailed consideration of design, scale heritage setting and residential amenity.
A planning strategy involving a Class MA Prior Approval application to establish a residential use on site, in addition to a pre-application enquiry to establish further development to is considered to represent a robust route to redevelopment.
Further detail on the development potential of the site is available upon request.
- Service charge
- Ask agent
- Business rates
- Ask agent
- Use class
- Ask agent
- Listed building
- No
- Business for sale
- No
An Energy Performance certificate helps you understand the current energy efficiency of a property.
Read more about EPC requirementsAsk agent
- BREEAM rating
- Ask agent
- Environmental description
- Ask agent
Brochure
35-43 High Street, Wealdstone, Harrow, HA3 5DF
Your search history
You have no recent searches
Disclaimer - Property reference 361365-1. 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 Tydus Peterborough, Peterborough. 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.










