Comprises a corner ground floor shop currently trading as a Veterinary Practice together with front, side and rear parking for 6-7 cars with a 3 bed flat on the first floor, approached from the side.
Location
The premises are situated in a prominent position in this secondary parade of shops at the busy intersection of Pinner Green (A404) and Pinner Hill Road.
The shop is situated in a small parade of independent shops, being close to Domino Pizza, a Tesco supermarket and a modern Shell forecourt.
Accommodation
The shop affords the following approximate dimensions:
Frontage - 15’9
Return Frontage - 10’1
Internal width - 16’4
Depth - 49’ 11
Ground floor area - 816 sq ft approx
Terms
TENURE - Freehold for sale subject to the tenancies and incomes as above and vacant possession of the office.
PRICE - Offers in the region of £950,000.
EPC - Shop: C; Flat: E
LEGAL COSTS - Each party to be responsible for their own costs incurred.
TENANCIES & INCOMES
The shop is let to Medivet Group Ltd on an FRI lease for a term of 15 years from February 2017 subject to a rent review and mutual option to break in February 2027, outside of the Landlord & Tenant Act 1954.
Current income £23,000 per annum exclusive.
Medivet is a leading European Veterinary Group with 1,000+ veterinary practices including 400 in the UK. The recorded revenue for 2023 was £345.9m.
The first floor flat, is let on an AST (holding over) producing £17,600 per annum.
Total income: £40,600 per annum.