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Kings House & Queens House, Kymberley Road, Harrow, Middlesex

London - M25

dba176

Tenure: Freehold
Tenancy: Multi Let

Investment summary

•Net initial yield of 8.0%.

•Freehold.

•2 multi-let office buildings.

•Prominent town-centre location opposite underground, rail and bus stations, adjacent to St Ann’s Shopping Centre and to the rear of St George’s Shopping & Leisure Centre.

•Total net internal area of 12,042 sq m (129,625 sq ft).

•151 car parking spaces providing a ratio of 1:80 sq m (1:858 sq ft).

•Site area of 0.71 hectares (1.76 acres).

•Capital value of £1,993 per sq m (£185 per sq ft).

•70% of income secured to a D&B 5A1 covenant.

•Asset management opportunities.

•Development / refurbishment potential.