From
£795,000
Property for saleHigh Street, Northwood HA6
About this property
To be offered on Tuesday 27 January
A freehold mid-terrace property comprising of 2 x commercial units, 2 x two bedroom flats and land/yard to the rear
The property is underlet offering future asset management potential to improve the passing rent (subject to negotiation)
Development potential to add an additional dwelling to the rear of the property (subject to the requisite consents)
Break up potential to sell off the units separately
No VAT on sale price
6 Week completion available
Northwood Station 0.6 miles from the property
Investment let at £42,150 p.a.
Auction Sale - 26/01/2026 - To book viewings, view the legal pack and register to bid please refer to the full sales particulars on the Savills Auctions website. -
A freehold mid terrace property comprising of two commercial units at ground floor level and 2 x two bedroom flats at first floor, with rear land/yard. The property offers asset management and development potential both through re-gearing the existing leases and building a mews dwelling to the rear (subject to the requisite consents).
Investment let at £42,150 p.a.
Description
A freehold mid terrace property comprising of two x lock up shops and two x 2 bedroom flats. There is a right of a way going through the under croft providing access to the rear of the property. There is a strip of land/ yard behind No28 which offers future development for a mews style dwelling (subject to the requisite consents).
The tenant of No 28 is currently holding over (lease has expired), offering the potential to let the flat out on a separate agreement.
The tenant of No 30 ground floor lease expires in February 2026 offering asset management potential to improve the passing rent.
No 30 Flat (1st Floor) the tenant is currently holding over, offering the potential to improve the passing rent.
The above asset management potential plays are subject to negotiation with the existing tenants.
Nearby occupiers include a wide range of local and independent retailers.
Location
The property is located on the East side of the High Street close to the junction with Hollowell Road.
Northwood Station located an approx. 0.6 miles from the property.
Transport
Northwood Station - Underground services
Tenancy
28 & 28A High Street Ground floor and First floor flat
- Let to Board of Ironing
- Lease has expired and the tenant is Holding Over
- Overriding lease over the ground commercial premise and 2 x bedroom flat at 1st floor
- Investment let at £17,400 p.a.
- This is increasing to £18,000 p.a. In March 2026 - there is an email chain between Landlord and tenant stating this increase
30 High Street, Ground floor commercial unit
- Let to Care in the Community
- Lease expiry February 2026
- Investment let at £12,000 p.a.
30A High Street, First floor flat 2 x bedroom flat
- 2 x bedroom flat
- AST expired September 2025
- Holding over
- Investment let at £12,750 p.a.
Total = £42,150 p.a.
We believe that the property is under let and that there is asset management potential to improve the passing rent (subject to negotiation)
Accommodation
Please refer to the floor plan
Mortgage calculator
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