020 8904 5040

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Virtual Freehold for a term of 999 year from the years 2007

Excellent condition throughout, recently refurbished.

Good rental demand at £17,000 per annum.

May suit owner occupiers or investors.

A1 use class with potential for change of use subject to planning permission.

High ceilings and wide frontage

Excellent investment opportunity on Harrow Road consisting of a virtual freehold lock up shop with A1 license in place.
The shop unit is currently vacant with potential for change use class. The property benefits from extensive refurbishment done recently and may suit owner occupiers or investors. Prospective buyers are to note only the retail unit on the ground floor is included in the sale, not the entire building.

The retail unit fronts Harrow Road, a major artery into Wembley and Harrow connecting to Watford Road. Nearby occupiers include Betfred, Wenzels, Tesco, and Paddy Power.
Total floor size: 516 sq. ft.

Services: Mains water, electricity and drainage connected
May suit owner occupiers and buy to let investors looking for commercial investment properties in a busy area.
Rates payable per annum: £5964.21
Service charge and building insurance: £474.78 per annum.
Ground rent: £1 per annum.
Rental potential: £17000
Strong rental demand in Sudbury Town area.

Price: £299,999

Tenure: Virtual Freehold for a term of 999 years commencing 25th December 2007 at a ground rent of £1 per annum.

Location: The property is situated on the high street just before Watford Road on Harrow Road, both busy arteries into Wembley and the surrounding areas.

Measurements:
Net Frontage: 5.5 m
Retail depth: 7.3m
Width: 5.5 m
Gross internal area: 538 sq. ft.

VAT: All prices quoted are exclusive of VAT.

Legal fees: To be confirmed.

Viewings: By prior appointment. Please call our office on 0208 904 5040 to arrange a viewing.

Please note no accommodation is included. There is no parking behind the shop, only a small loading bay at the front.

Holding deposit: Tenants or prospective purchasers wishing to secure this property will be required to pay a holding deposit to Glenmore Property Services of £3,000. The deposit is non-refundable except if the vendor withdraws, or a clear title cannot be proven. This deposit is held in our client account until completion.

Under the Codes of Practise of the Estate Agents Act, Glenmore Property Services is obliged to disclose any personal interests or connected parties in the sale of any of our properties: we have been instructed by the vendor who is a member of staff of Glenmore Group of Companies.

These particulars are prepared for the guidance of prospective purchasers. They are intended to give a fair and overall description of the property and do not constitute the whole or any part of an offer or contract. Any information contained herein (whether in text, plans or photographs) is given in good faith but should not be relied upon as being a statement or representation of fact. Any plans provided by the agents and/or with the sales particulars are intended for guidance purposes only; we cannot guarantee the accuracy and scale of any plans, and they do not form any part of the sales contract.

Money laundering regulations: To comply with money laundering regulations, prospective purchasers will be asked to produce identification documentation at the time of making an offer. We ask for your cooperation in order that there is no delay in agreeing the sale.

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IMPORTANT NOTICE

Descriptions of the property are subjective and are used in good faith as an opinion and NOT as a statement of fact. Please make further specific enquires to ensure that our descriptions are likely to match any expectations you may have of the property. We have not tested any services, systems or appliances at this property. We strongly recommend that all the information we provide be verified by you on inspection, and by your Surveyor and Conveyancer.