Retail property (high street) for sale
Property description & features
- Tenure: Freehold
- The building comprises of 8,028 sqft situated on a site area of 4,839 sqft
- Made up of 2x retail units on the ground floor, 3 floors of offices and car park to the rear
- Currently income producing £116,200.00 per annum with potential uplift to £285,300.00 once fully occupied
- Scope to add additional floors to the existing building and develop across the car park to the rear (STPP)
- Lapsed planning consent for 6 flats on the first, second and third floors (P/3224)
- 0.2 miles from Pinner Underground Station providing links into Central London in 30 minutes
Situated in the heart of Pinner Village, Westbury House is located on Bridge Street opposite the junction with Love Lane. Nearby retailers include Marks & Spencer, Sainsbury’s, Lidl and Boots. In addition, there a number of leisure/eateries in the vicinity including Starbucks, Esquires, Chin Chin, Three Wishes Public House and local restauranteurs. Pinner Village Memorial Park is 0.7 miles from the site whilst Pinner Underground Station (Metropolitan Line) is within 0.2 miles.
Westbury House is a modern brick-built office building on the ground and three upper floors. The front of the ground floor has been converted to 2x retail units with offices to the rear. The office building is situated at the front of the site, fronting Bridge Street with a car park to the rear. The building lends itself to conversion given the natural light from the front and rear of the building with a pedestrian entrance off of Bridge Street, Pinner and vehicular access to Chapel Lane.
The existing use class of the building falls under Use Class E, as defined by the Town and Country Planning Act 1947, which was amended on 1 September 2020. This classification allows for a range of uses, including offices, retail, and other commercial purposes, making the building versatile and adaptable to various business needs. On 30 August 2022, the building was granted planning consent for a Change of Use from Office Use (B1) to six self-contained flats on the first, second, and third floors, classified under Use Class C3. This approval was obtained via the Prior Approval process, simplifying the transition from commercial to residential use and highlighting the building's potential for redevelopment into residential units. For those interested in reviewing the specifics of the planning application, a copy is available in the data room. Additionally, detailed plans of the consented scheme can be found below, providing comprehensive insights into the proposed layout and design of the new residential units.
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