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Mili's Shopping Mall 259-261 Northolt Rd 1,842 SF 100% Leased Retail Building Harrow HA2 8HS $2,535,903 ($1,376.71/SF)
INVESTMENT HIGHLIGHTS
- Great transport links
- Close to South Harrow Underground Station in North West London
- Great local amenities
EXECUTIVE SUMMARY
Attractive property investment for sale in this vibrant and sought after specialist retail location close to South Harrow Underground Station in North West London. Mili's shopping mall is spread over two large former shops and consists of 10 kiosk style retail units which are let on short term unprotected leases. At first floor level there are 2 newly refurbished flats which are let on assured shorthold tenancy agreement. The property offers scope for rental growth and improvement on the net receivable rent through active asset management.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
1,842 SF
Building Class
B
Year Built
1961
Price
$2,535,903
Price Per SF
$1,376.71
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.53
Lot Size
0.08 AC
Frontage
41’ on Northolt Road
AMENITIES
- Security System
- Automatic Blinds
- Air Conditioning
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NEARBY MAJOR RETAILERS
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Mili's Shopping Mall | 259-261 Northolt Rd
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