2 bedroom property

TO BE SOLD BY ONLINE AUCTION AS LOT 16 ON THURSDAY 26 OCT 2023 - Freehold Shop and Self-Contained Upper Maisonette Investment

London Borough of Harrow

Situated in a well established retail parade close to the roundabout with Kenton Lane and Clamp Hill. Stanmore is a prosperous suburb located between Edgware and Hatch End.

A Terrace Ground Floor Shop Premises with Front Forecourt and separate access to a Self-Contained First and Second Floor Upper Maisonette comprising:

Self-Contained Upper Maisonette

Second Floor
• Three Rooms
• Bathroom/WC

First Floor
• Two Rooms
• Kitchen
• WC

Gas-fired central heating

Ground Floor Shop
• Retail Premises approximately 429 sq ft

The entire property is let on a full repairing and insuring lease to Parkers Residential Limited
(with Two Personal Guarantors) as Estate Agents for a term of 10 years from 6th February 2016 at a current rent of £20,000 per annum exclusive.

Note 1: We understand the Lessee has sublet the
Self-Contained Upper Maisonette at £1,670 per calendar month.

Note 2: Vat is not applicable to this lot.

Note 3: Not measured by McHugh & Co., the floor areas stated have been sourced from the VOA Website.

Producing £20,000 per annum