Ferrari Dewe

Tel: 020 8427 4288

Fax: 020 8863 5466

Email: enquiries@FerrariDewe.co.uk

Ferrari House, 258 Field End Road
Eastcote
Middlesex
HA4 9UU

Masons Avenue, Wealdstone

£225,000

Investment Retail

  • GROUND FLOOR A2 OFFICES
  • £225,000
  • FREEHOLD FOR SALE

***INVESTMENT OPPORTUNITY***

This went under offer very quickly but is now back on the market due to the purchaser's circumstances.

• FREEHOLD FOR SALE • GROUND FLOOR OFFICES
• SHOP FRONTAGE

ACCOMMODATION

The available premises comprises of ground floor retail unit with shop frontage benefitting with Class A2 usage overlooking Masons Avenue, previously trading as Commercial Mortgage advisors, and now is a Estate Agent. Easy walking distance to the High Street shops and Harrow & Wealdstone (Bakerloo Line) Station.
The majority of the front section offers open plan office accommodation, leading to an adjoining small office room, kitchenette and WC. (520 sq ft).
The office suite offers laminate flooring, suspended ceiling with recessed lighting and storage area. Electric Roller shutters.
It has been leased for 10 years from October 2020 and producing a total rent of £ 12,000 per annum.

The upper residential parts known as 25a, 25b and 25c have all been sold on long leases and producing a total ground rent of £300 per annum. Flat 25A is 99 Years from October 2007, Flats B & C are both 99 Years from March 2014.

TERMS

***INVESTMENT OPPORTUNITY***
We are instructed by our client to offer THIS FREEHOLD FOR SALE, subject to contract, at a price of only £225,000.
We are advised that there is a 10 year lease on the property starting in October 2020 at £12,000 per annum exclusive of all other outgoings. The Total ground rent from the flats at 25a , 25b & 25c is £ 300.00 per annum.

BUSINESS RATES

Billing Authority: Harrow Council
Ratable Value Ground Floor Premises: £4,550 with effect from 1st April 2017, therefore, any tenant is likely be exempt from paying any business rates to the local authority.

SOLICITORS COSTS

Any proposed incoming tenant is to be responsible for our clients solicitors reasonable legal costs incurred in any proposed transaction.

EPC

A copy of the EPC of the above mentioned premises is held in our office to inspect if required.

VIEWINGS / FURTHER INFORMATION

Please contact our Commercial Manager, Simon Braun, on Tel: 020 8427 4288 EXT 223 or Email: simon@ferraridewe.co.uk

These particulars are only a guide. They are not exact or guaranteed. Property offered subject to contract.

Energy Efficiency and Environmental Impact

Energy & Environmental Performance Report

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