A prominent, well configured, substantial, retail unit 6,177 sq ft.
Location Description
Harrow is a well established retail and commercial centre approximately 11 miles north-east of Heathrow International Airport, 4 miles north of Wembley and 10 miles north-west of central London. The North Circular Road (A406), M25 and M1 motorways are all within close proximity whilst Harrow-on-the-Hill Mainline Station and Underground Station (Metropolitan Line) and both close by.
A primary catchment population of 486,000 and an estimated shopping population of 200,000.
Property is directly opposite the pedestrianised St Ann’s Road.
An established and busy commercial centre with a flourishing retail offer including two shopping centres with national retailers represented including Marks & Spencer, Next, Primark, H&M, Ernest Jones, Tesco, Superdrug, Debenhams, Boots and Clarks.
The property is entirely let to Poundland Limited expiring in August 2024.
Upward only Rent Review in August 2019
Possible future residential conversion of the upper parts, subject to planning.
Poundland Limited has a strong covenant with a Dun & Bradstreet rating of 4 A1 representing a tangible net worth of £20,520,000 and a minimum risk of business failure. For the financial year ending March 2016 the retailer reported a sales turnover of £1,214,818,000, a profit before tax of £34,653,000.