376-380 Northolt Road
Harrow, HA2 8ESThe Space
MIXED USE RESIDENTIAL/COMMERCIAL INVESTMENT OPPORTINUTY - SOUTH HARROW
At a glance
| Property Type | Investments |
| Tenure | For Sale |
| Size | 5,123 sq ft |
| Price | Offers in the region of £1,200,000 |
| Business Rates | Upon Enquiry |
| Energy Performance Rating | This property has been graded as D |
Northolt Park
5 mins
Sudbury Hill Harrow
19 mins
Greenford
27 mins
Harrow-On-The-Hill
29 mins
Northolt Park
5 mins
South Harrow
7 mins
Sudbury Hill
19 mins
Sudbury Hill Harrow
19 mins
Key Points
- Freehold Sale - Detached mixed-use building, triple-fronted commercial unit and three self-contained maisonettes on the upper floors
- Vacant ground floor commercial unit approx. 2,500 sq ft with forecourt/parking – previously under let at £27,000 p.a
- Attractive projected gross yield of 7.6% based on market rent re-let of commercial unit
- 3 x split-level 2-bed residential units, fully let at £51,600 p.a. – all tenants on ASTs
- Freehold Sale Price - £1,200,000 for the benefit of the existing residential income and vacant possession of the commercial unit
- Good residential & commercial location in South Harrow
Description
A prominent fully detached freehold mixed-use building with return frontage, arranged as a triple-fronted commercial premises on the ground floor, with three self-contained 2-bedroom maisonettes above.
The flats are accessed independently and benefit from spacious layouts over two floors.
The commercial unit offers excellent frontage and visibility, with off-street parking/forecourt, and is suitable for a range of occupiers or investors.
Residential element: Fully let on ASTs generating £51,600 p.a., all tenants receiving housing benefits.
Commercial unit: Vacant; previously let at £27,000 p.a., with estimated re-let potential of minimum £40,000 p.a
Total projected income: £91,600 p.a.
Estimated projected gross yield: 7.6% at £1,200,000
There is also further income potential from the side wall advertising - currently generating £450 per annum on a rolling contract
Available area
The accommodation comprises the following areas:
| Name | sq ft | sq m | Availability |
|---|---|---|---|
| Unit - 376A | 839.59 | 78 | Available |
| Unit - 378A | 850.35 | 79 | Available |
| Unit - 380A | 839.59 | 78 | Available |
| Ground - Commercial | 2,540.28 | 236 | Available |
| Total | 5,069.81 | 471 |
The Location
The property is located on the western side of Northolt Road (A312), in the heart of South Harrow, a busy local shopping and residential area within the London Borough of Harrow.
South Harrow Underground Station (Piccadilly Line) is within 5 minutes’ walk, providing direct access to central London.
Surrounded by national and local retailers, supermarkets, eateries, and essential services.
Good access to Harrow town centre, Northolt, and the A40/M40 for wider connectivity.
Strong local rental demand from both residential and commercial tenants.
