Property photos
Guide price
£4,300,000
(£386.34/sq. ft)
Serviced office for sale
Whitefriars Avenue, Harrow HA3Local area information
Property location
Nearby amenities
- Whitefriars School 0 miles
- Salvatorian Roman Catholic College 0.1 miles
- Harrow & Wealdstone 0.5 miles
- Harrow & Wealdstone 0.5 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Harrow to find out more about the local area.
Features and description
Former Windsor & Newton paint factory.
Office accommodation with reversionary income and redevelopment potential.
Well positioned within a prominent pitch in Harrow, 10 minute walk from Harrow & Wealdstone Station (Overground, Underground & National Rail).
Comprising of 11,130 sq ft NIA.
Comprehensively refurbished over previous years with significant landlord capital expenditure. EPC rating of B.
Passing rent of £483,385 per annum.
Multi let with an occupancy rate of 100%.
Freehold
The property provides an excellent opportunity to unlock potential through development and conversion. Not encumbered by an article 4 restriction.
We are instructed to seek offers at a Guide of £4,300,000 (Four Million, Three Hundred Thousand Pounds), subject to contract and exclusive of VAT.
A purchase at the asking price would reflect a Net Initial Yield of 8.55% and a Reversionary Yield of 9.13%, assuming standard purchased costs of 6.56%, and a low capital value of £386 per sq ft NIA.
There are some planning applications within 0.5 miles of this home
Assess how they might enhance or detract from this home’s value.
Floor plans and tours
Floor plans (1)
1 floor plan available
View the floor plan to understand the space and layout of this property.
More information
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Listed by
Estate Office
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