Income-producing laundrette on a busy Harrow parade—freehold with long lease and strong footfall.
Freehold high-street retail unit, approx. 1,188 sq ft
A freehold high-street retail unit on Streatfield Road, Harrow, offered with an established laundry business on a long lease producing a steady income of approximately £21,000 per year. The property sits in a busy parade with strong pedestrian footfall and close proximity to Tesco, petrol station, post office and other local amenities, and benefits from excellent mobile signal and fast broadband — useful for modern retail operations.
The building is a mid‑20th century commercial unit of about 1,188 sq ft with a standard ceiling height and a shopfront with roller shutter. The plot is small and street parking is on‑street; there is plentiful free parking nearby according to the listing. The unit is sold freehold, which simplifies ownership for investors or owner‑operators.
Buyers should note material negatives plainly: the immediate area records high crime levels, which could affect tenant attraction and insurance costs. The Energy Performance Certificate is under review; prospective purchasers should obtain EPC details and confirm any remedial requirements. The property is in an area described as 'multicultural new arrivals' and 'young ethnic communities' — strong for local convenience businesses but potentially limiting for some types of retailers.
This is best suited to an investor seeking an income-producing freehold on a busy local parade or an owner-operator wanting a ready-made laundromat business. Undertake standard due diligence: review the lease terms, EPC outcome, business rates and local crime-related insurance costs before exchange.
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