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Agency Department (020) 8866 0001

Management Department (020) 8868 2600

info@davidcharles.co.uk

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8-10 Station Parade, Kenton Lane, Belmont Circle, Harrow, HA3 8SB

  • Offers in excess of £1,000,000

Overview


Investment, Office

Property Type

2446

sq ft

Description


The portfolio comprises of the freehold and long leasehold interest of 3 mid-terraced shops and uppers situated in a prominent position on Station Parade at its junction with Belmont Circle roundabout. Nearby retailers include Tescos, Wenzels, and Costa Coffee. The aerial photos above show a self-dedicated car park to the rear of the portfolio.

 

Location


Belmont Circle is a well-known parade locally within the commuter town of Harrow. Harrow is a popular residential and commercial area which lies approximately 11 miles north-west of central London.

 

Tenancy Schedule / Income


8 Station Parade ground floor shop with basement and parking let to Mortgage and Life Ltd at a rent of £18,000.00 per annum lease 10 years from July 2017 review at the 5th year (not implemented). The lease is outside the act.

8a Station Parade residential sold on a long lease for a term of 125 years from December 2004 £50.00 for the first 30 years £100.00 for the next 30 years and £200.00 for the remainder.

9 Station Parade ground floor shop let to Ladbroke and Gaming Ltd at a rent of £15,000.00 per annum with the tenant holding over under a lease which expired 2014.

Basement 9 Station Parade let to a local drama group who are responsible for paying the business rates. We understand that the drama group will vacate when necessary subject to contract.

10 Station Parade ground floor shop with basement and garage let to Mr. Miah (Indian Restaurant) for a term of 20 years from September 2009 subject to 4 yearly rent reviews at a rent passing of £16,500.00 per annum payable from 2017. The 2021 review has not been implemented. The lease is outside the act.

Details

Updated on January 25, 2025 at 12:02 am

  • Property ID: 230749
  • Price: Offers in excess of £1,000,000
  • Property Size: 2446 sq ft
  • Property Type: Investment, Office
  • Property Status: Available

  • Address , 8-10 Station Parade, Kenton Lane, Belmont Circle,
  • City Harrow
  • Postcode HA3 8SB

Gallery


Call us on 020 8866 0001 or send us a message