Guide price

£660,000

(£335.88/sq. ft)

Retail premises for sale
132 Pinner Road, Harrow HA1

    • 1,965 sq. ft

  • EPC Rating: B

Available immediately
Added on 15/05/2023

About this property

  • Prime mixed-use freehold investment

  • Self-contained ground floor commercial premises

  • Let on A new 10 year Fri lease

  • Rear yard & 2 forecourt parking spaces

  • Self-contained 3 bed flat

  • Total current income £35,440 pa

  • Potential for future rental growth

  • Located in prominent position

Investment - An excellent opportunity to acquire a mixed-use investment property in a sought after and well connected area. The property comprises:-

A ground floor self-contained commercial unit currently occupied on a new 10 year Full Repairing and Insuring (Fri) lease producing a rental income of £17,500 per annum.

A three bedroom self-contained flat above, currently let on an Assured Shorthold Tenancy at £1,495 per calendar month (£17,940 per annum).

The property also benefits from a rear yard and 2 private parking spaces at the front.

The commercial tenant provides a strong covenant and long term rental security while the residential unit offers a stable income with potential to increase rents over time.

Income Summary:-

Ground Floor commercial: £17,500 pa
Three bedroom Flat: £17,940 pa

Total £35,440 pa

Attractive yield with secure income and long term growth potential.

Situated in a prominent position on Pinner Road within close proximity to Harrow Town Centre. The area is well served by public transport with Harrow on the Hill and North Harrow stations nearby providing direct links to Central London via the Metropolitan Line and National Rail.

The surrounding area includes a mix of local retailers, amenities and residential housing making this a consistently popular rental location.

Each party to bear their own legal costs.

Strictly by appointment through vdbm.
An energy performance certificate (EPC) is available upon request. The property has an asset rating of D (82).
Prime mixed-use freehold investment

self-contained ground floor commercial premises


Let on A new 10 year Fri lease

rear yard & 2 forecourt parking spaces

self-contained 3 bed flat

total current income £35,440 pa
Potential for future rental growth


Located in prominent position

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Monthly repayment

£3,301 per month

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The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.

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