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BUSINESS REFERENCE : CR069 / RightBiz FITZ HEALTH CLUB 14 HAVELOCK PLACE, HARROW, MIDDLESEX-£2,200,000-FREEHOLD INVESTMENT HARROW | | | | | | Freehold Investment Harrow £2,200,000. Reference Number: CR069 Rent £150,000 per annum Yield: 6.12% Property Address: Fitz Health Club 14 Havelock Place, Harrow, Middlesex HA1 1LJ | | | BUSINESS LOCATION: | Undisclosed Middlesex UNITED KINGDOM | | BUSINESS SECTOR: | Leisure, pubs and hotels | | TRADE TYPE: | Health & Fitness Centres | | SELLER: | Agent Sale | FREEHOLD: | £2,200,000 | | | | | | | | | | | BUSINESS DETAILS: | Property Address: Fitz Health Club 14 Havelock Place, Harrow, Middlesex HA1 1LJ
Type of Property: Substantial circa 13,000 square foot Freehold Health and Fitness Club Investment Facilities Areas: Three dedicated gyms, swimming pool, aerobics studio, saunas, steam rooms and solariums
Tenancy: The entire property is at present let to Fitz Health Club Limited for a term of 20 years at a current rent of £150,000 per annum, exclusive of rates. The lease provides for a rent review in 2012 and every fifth year of the term thereafter and contains full repairing and insuring covenants. The Director acts as guarantors to the lessee's obligations under the lease.
Location: Fitz Health Club is sited on Havelock Place, which bisects the main pedestrians shopping precinct leading to the covered shopping centre. It is clearly visible from St Ann’s Road and consequently a short walk from town centre facilities, and lies immediately to the rear of Marks & Spencer and neighboring shops.
The property benefits from proximity to town centre car parking.
The north-west London suburb of Harrow, located within the London Borough of the same name, is situated some eight miles north-west of Central London, three miles south-west of Stanmore, six miles due west of Hendon, less than three miles south-east of Northwood and a similar distance north-east of Ruislip. Heathrow Airport is some 10 miles away.
The area benefits from good communications, with a number of major roads converging on the town centre including the A404, the A409, and the A312.
Harrow on the Hill has its own rail and underground stations. The London Underground service at Harrow-on-the-Hill is provided by the Metropolitan line. The National Rail service at Harrow-on-the-Hill is provided by Chiltern Railways.
The town centre incorporates a large shopping centre, together with associated facilities, including a library, town hall and civic centre.
To the south of Harrow is the famous Harrow School.
The property is set within an enclosed site. There is parking area at the front. | | | | | CONTACT: | TURNER BUTLER | | TELEPHONE: | 01895 25 6000 | | REFERENCE: | CR069 / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
