Offers over
£1,250,000
(£549.45/sq. ft)
Retail premises for saleHoneypot Lane, Stanmore HA7
2,184 sq. ft
About this property
Freehold part let investment sale
Mid parade trading position
Air conditioning throughout retail unit
On street parking
Double fronted retail unit
*freehold shop and upper parts / flats above*
The ground floor consists of one retail unit currently occupied as a paint and décor shop. This will be vacant on completion of the sale.
To the front of the property is the main sales area, along with staff W/C and kitchen. There is also air conditioning throughout the retail unit.
The area is well populated with offices, shops and restaurants.
The property occupies a mid-parade trading position on Honeypot Lane.
The residential parts of the property are accessed via a communal entrance to the right of the retail unit and over the roof of the ground floor store.
The 3 flats are included in the sale. 2 flats are tenanted and income producing and 1 flat has been sold on a long lease (renewal in progress)
Flat 1 - 391 Honeypot Lane - £1,275.00 pcm - 17th March 2024 to 16th March 2025
Flat 2 - 391 Honeypot Lane - £1,152.00 pcm - 13/02/2024 - 12/02/2025 with Break Clause at 13/08/2024
387a Honeypot Lane – Sold on 99 year lease from 29/09/1977 - Discussions in progress in regards to lease renewal
VAT: VAT is Payable
Legal Costs: Each party to pay their own costs
EPC: Energy rating B
Business Rates: Interested parties are advised to contact the relevant Local Authority.
The ground floor consists of one retail unit currently occupied as a paint and décor shop. This will be vacant on completion of the sale.
To the front of the property is the main sales area, along with staff W/C and kitchen. There is also air conditioning throughout the retail unit.
The area is well populated with offices, shops and restaurants.
The property occupies a mid-parade trading position on Honeypot Lane.
The residential parts of the property are accessed via a communal entrance to the right of the retail unit and over the roof of the ground floor store.
The 3 flats are included in the sale. 2 flats are tenanted and income producing and 1 flat has been sold on a long lease (renewal in progress)
Flat 1 - 391 Honeypot Lane - £1,275.00 pcm - 17th March 2024 to 16th March 2025
Flat 2 - 391 Honeypot Lane - £1,152.00 pcm - 13/02/2024 - 12/02/2025 with Break Clause at 13/08/2024
387a Honeypot Lane – Sold on 99 year lease from 29/09/1977 - Discussions in progress in regards to lease renewal
VAT: VAT is Payable
Legal Costs: Each party to pay their own costs
EPC: Energy rating B
Business Rates: Interested parties are advised to contact the relevant Local Authority.