JD Sports & Costa Coffee, Harrow, Greater London

Property Description

• Freehold Blue-Chip Investment in London.
• Pedestrianised road with ample car parking available.

Location Description

• The property is located in the 100% prime retail pitch on the pedestrianised St Ann’s Road, situated between the entrance of St Ann’s Shopping Centre and St George’s Shopping Centre.
• St Ann’s Shopping Centre comprises over 40 retail units, totalling approximately 245,000 sq ft. The scheme is co-anchored by Primark and H&M with other national occupiers including Metro Bank, Topman, Clarks, WHSmith and Boots. The shopping centre comprises a 940 space car park.
• St Georges Shopping Centre comprises over 30 retail units, totalling approximately 200,000 sq ft. The scheme is anchored by Boots and Wilko, with other national
• occupiers including Nando’s, VUE Cinema, TK Maxx, McDonald’s, H&M Kids and Starbucks. The shopping centre comprises a 650 space car park.
• Harrow is an affluent town that lies within the northern suburbs of Greater London.
• The Harrow area benefits from a significantly above average percentage of adults within the most affluent AB social group. Major employers who’s headquarters are situated in Harrow include Ladbrokes and The Royal National Orthopaedic Hospital. The town is well renowned for its world famous independent boy’s school.
• It has excellent links with central London via rail and underground. Harrow-on-the-Hill Underground station provides regular access to Central London via the metropolitan line in a journey time of approximately 35 minutes and has easy access to the national motorway network.

Tenancy

• 76 St Ann’s Road let to JD Sports Fashion PLC (t/a JD Sports) on a ten year FRI lease expiring on 3rd February 2024. The passing rent is £90,000 per annum.
• 78 St Ann’s Road – Let to Costa Limited (t/a Costa) on a ten year FRI lease expiring on 5th February 2024. The passing rent is £90,000 per annum.