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Bathroom Shop & 8 Flats, Kenton

142-144 Kenton Rd, Harrow HA3 8AZ, UK

Basic Facts

Property ID: 16974 Brochure Link: Download Brochure
Post Updated: 2024-02-05 09:42:43 Status:
Type: Tenure: Freehold
Area: 8302 sq ft Gross Rent: £ 150,614
VAT applicable: Yes (TOGC Available)

Property Description

  • The ground floor consists of two retail units which have been combined to share a single frontage, currently occupied as a bathroom supply showroom. To the front of the property is the main sales area, along with staff W/C, office, kitchen and ancillary storage.
  • There is a car park to the rear with approximately 6 spaces and is accessed via Carlton Avenue to the west.
  • The car park is for use of the customers of the trade counter only.
  • The residential parts of the property are accessed via a communal entrance leading from the carpark off Carlton Avenue and over the roof of the ground floor retail store. Communal parts present to a basic but reasonable standard, with wood laminate flooring and plastered and painted walls and ceilings.
  • Within the residential parts are 8 studio flats, each providing a studio room, kitchenette, and shower-room.
  • Flats are finished to a similar standard, with wood laminate floors, plastered and painted walls and ceilings with spot-lights.
  • Kitchenettes incorporate tiled splashbacks, stainless steel sinks, refrigerator and washer-dryer.
  • In general the residential parts present to a good standard.

Floor Areas

  • Ground floor retail (sales) 2,858 sq ft (265.6 sq m)
  • Ground floor (storage) 2,704 sq ft (251.3 sq m)
  • Basement (storage) 518 sq ft (48.2 sq m)
  • Flat 1 Residential First Floor – 194 sq ft
  • Flat 2 Residential First Floor – 236 sq ft
  • Flat 3 Residential First Floor – 205 sq ft
  • Flat 4 Residential First Floor – 243 sq ft
  • Flat 5 Residential Second Floor – 269 sq ft
  • Flat 6 Residential Second Floor – 291 sq ft
  • Flat 7 Residential Second Floor – 226 sq ft
  • Flat 8 Residential Second Floor – 248 sq ft
  • Total 8,302 sq ft

Tenancy & Accommodation Schedule

  • The property is let to one commercial tenant and 8 residential tenants, each under the terms of an Assured Shorthold Tenancy.
  • The commercial lease is within the Landlord and Tenant Act 1954, and the tenant therefore benefits from security of tenure.
  • The passing rent on the commercial element is £78,847.48 per annum.
  • Per the rent review clause in the lease, reviewed rent is to be the higher of Open Market Rent or Index Linked Rent.
  • The ASTs are drawn up on similar terms, typically for a 12 month term (subject to any renewals), with a deposit of one month’s rent.

Features

£1m - £5m
Attractive property
Freehold
North-West London

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