FREEHOLD MIXED USE BUILDING -RETAIL UNIT 1,431 sq ft WITH TWO 2BED FLATS
PLANNING PERMISSION was granted to build an additional 500 sqft first floor rear extension, expired, but can be renewed.
Ashton Fox Commercial are delighted to offer a rare opportunity of acquiring a Prime Freehold investment property in Kenton, Harrow. We have for Sale, a Freehold mixed-use building consisting of a ground floor retail unit with vacant possession (subject to contract) plus 2 X 2bedroom flats above currently let providing a good rental income.
In a busy shopping area with high footfall boasting multiple restaurants, a post office, various independent retailers, and Sainsburys supermarket to the rear of it. Kenton Station, at 0.2 miles, or a 4-minute walk, has the Underground Bakerloo Line and London Overground.
The property comprises of a ground floor retail unit with full plate glass frontage and single entrance door, with an electric shutter. Inside it is open plan to the front, followed by 2 glass cabins, a fitted kitchen, WC and a comms room. To the rear there are 3 storage units, another WC and a shutter access from the rear service road. There are 2 car parking spaces which can be used for loading / unloading.
The E Class Retail unit would be suitable for a various type of businesses, including any retail, supermarkets, estate or travel agencies, restaurants, cafes or for any professional services, accountants, solicitors, mortgage brokers, health, training or tuition.
Accommodation
Approximate floor sizes are:
Ground Floor retail Unit 1,431 sq ft ( 132.94 sqm)
First Floor 2 Bedroom Flat 656.59 sq ft (61 sqm)
Second Floor 2 Bedroom Flat 656.59 sq ft (61 sqm)
Income
Passing Rental Income from the flats £49,500 per annum
Estimated income from Retail unit £35,000 - £37,000 per annum
Total estimated Income £84,500 - £86,500 per annum
Sale Price
The Guide price is £1,350,000. The property has not elected for VAT.
Parking
There is allocated parking for 2 vehicles at the rear of the shutter, also suitable for loading or unloading.
Floor Plan available
Availability
The ground floor will be available with vacant possession upon completion. Both the flats are currently let.
Please see our brochure for full property details. Floor plan is available.
Viewing is strictly by appointment only through sole agents ASHTON FOX COMMERCIAL.
Please contact us for all enquiries and to arrange a viewing.