Property Information
Address:
415 Uxbridge Road, Pinner, Greater London
, HA5 4JR
, Greater London
, United Kingdom
Price: Property no longer available.
Size: 1510 sq ft140 sqm
Primary Category: Land
All Categories:
Investment, Land, Leisure, Shop,
Property Ref/Movehut: MH655997
Property Ref/Agent: 165
*Please use the agent ref when calling the agent directly.
Property description
A rare opportunity to purchase a freehold investment in this thriving retail location.
The property comprises a ground floor retail unit together with a large 3 bedroom maisonette over first and second floors.
The entire property is let and income producing but there is scope to obtain vacant possession of the shop in the near future.
The shop is well proportioned with 18ft internal width and 79ft depth, providing 1,510 sq ft of open retail space.
There are toilet and kitchen facilities and 1 car parking space in the rear service road.
The maisonette is arranged over first and second floors with separate access from the rear and consists of a large kitchen/diner, living room, 2 double bedrooms, 1 single bed and a full size bathroom.
The overall living area is 1,091 sq ft. The flat was fully modernised 4 years ago and is offered in excellent condition.
Location
Hatch End is a successful shopping area made ever popular by its broad range of quality restaurants, interior showrooms and artisan retailers.
Hatch End also accommodates a number of national occupiers including Tesco, Morrisons, Wetherspoons and Baskin Robins. Hatch End Station is located near to the shops and provides a fast and frequent service to Central London via Euston.
Planning
The shop has scope for alternative commercial uses under the new flexible E class planning use.
On expiry of the current lease there is the ability to use the shop as a restaurant, clinic or gym. Several neighbouring properties have built first floor accommodation to the rear of the shops.
The maisonette has the potential to be divided into 2 self contained flats and many properties within the parade have converted the large attic space into further residential living space.
Viewing
The property occupied and tenants are not to be disturbed. Floor plans are available and the owner will consider offers subject to an internal inspection.
Rental And Income
The shop is let to Bespoke Sofas Ltd for a term of 5 years from September 2017. The current passing rent is £32,500 per annum.
The lease is contracted outside of the Landlord & Tenant Act and the tenant has no rights for renewal. The maisonette was let until recently at £1300 Per Calendar month but is currently vacant.
E Class Use
Scope for Development
Potential VP by 2022
Suitable for Restaurant Use
Offers in the region of £1,200,000
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