The Broadway Stanmore Middx HA7 4DU

The Broadway Stanmore Middx HA7 4DU

Ground Floor Shop & Residential Uppers  – Lease Assignment

Location:   Situated in The Broadway in heart of Stanmore, nearby retailers include Sainsbury’s, Lidl’s, Wenzels, Nandos and Caffé Nero. Within easy walking distance to Stanmore Underground Station Jubilee Line).

Description:   The property comprises of a ground floor retail shop and residential Upper part all held on a 5 year lease from May 2022, expiring May 2027.

GROUND FLOOR: Retail shop premises comprising retail space, stock room and rear access with parking , approx. 745 sqft plus WC. The property benefits from electric shutters, alarm system and air conditioning.

UPPER PARTS: Accessed via an external staircase to rear, a one bedroom flat, currently let on a 1 year AST producing £12,000pa. Flat not inspected.

An early viewing is strongly advised.

TERMS:

Rent:                                    £30,000 pa. Rent rising in Year 5 to £32,000pa

Premium:                           Offers Invited.

Lease:                                  Held on a 5 year Lease from may 2022, outside the Landlord & Tenant Act 1954.

Business Rates:               Rateable Value for 2024/25 is currently £31,000pa.

All interested parties should make their own enquiries either via London Borough of Harrow or via www.voa.gov.uk.

 EPC:                                     TBA

Legal Costs:                      Ingoing tenant to be responsible for landlords and tenants assignment costs as well as their own legal costs.

Anti-Money Laundering: In accordance with revised Anti Money Laundering Regulations two forms of ID and confirmation of funds will be required by the successful applicant. This will apply to landlords/vendor and tenant/purchaser and any other party with a relationship with the property.

Viewing:                            Strictly by appointment only through owners agents Grovelands  020 8731 9777 www.grovelands.net