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Retail premises for sale

£950,000 (£1,164.22/sq. ft) Offers in region of

Pinner Green, Pinner HA5

Retail premises for sale 816 sq. ft*
Interested in this property? Call +44 20 8033 5787 * or Request Details

* Calls to this number will be recorded for quality, compliance and training purposes.

Property description

Location: The premises are situated in a prominent position in this secondary parade of shops at the busy intersection of Pinner Green (A404) and Pinner Hill Road.
The shop is situated in a small parade of independent shops, being close to Domino Pizza, a Tesco supermarket and a modern Shell forecourt.

Accommodation Comprises a corner ground floor shop currently trading as a Veterinary Practice together with front, side and rear parking for 6-7 cars with a 3 bed flat on the first floor, approached from the side. The shop affords the following approximate dimensions:

Frontage 15’9
Return Frontage 10’1
Internal width 16’4
Depth 49’ 11
Ground floor area 816 sq ft approx


Tenancies & incomes


The shop is let to Medivet Group Ltd on an Fri lease for a term of 15 years from February 2017 subject to a rent review and mutual option to break in February 2027, outside of the Landlord & Tenant Act 1954.

Current income: £23,000 per annum exclusive.

Medivet is a leading European Veterinary Group with 1,000+ veterinary practices including 400 in the UK. The recorded revenue for 2023 was £345.9m.

The first floor flat, is let on an AST (holding over) producing £17,600 per annum.

Total income: £40,600 per annum.

Tenure: Freehold for sale subject to the tenancies and incomes as above.

Price: Offers in the region of £950,000.


EPC


Shop: C
Flat: E

legal costs: Each party to be responsible for their own costs incurred.

Property info

* Sizes listed are approximations. Please contact the agent to verify actual sizes.

Arrange Viewing

For more information about this property, please contact
Michael Berman & Co, N2 on +44 20 8033 5787 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Michael Berman & Co, and do not constitute property particulars. Please contact Michael Berman & Co for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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