An opportunity to acquire the freehold interest in the Star PH, a public house investment and residential development opportunity situated directly opposite South Harrow Underground Station on the Piccadilly Line. Offered at offers in excess of £2,000,000, the property benefits from an established commercial tenancy to Punch Taverns Ltd, generating an annual rental income of £90,000.
The property comprises ground-floor, basement and part first-floor accommodation let under a 25-year lease commencing in April 2021, together with vacant first-floor accommodation. The building has a gross internal area of approximately 8,310 sq. ft. and occupies a site extending to approximately 0.2 acres. Its prominent position opposite the Underground station provides convenient access to Central London and the surrounding area.
The Star PH offers a combination of existing rental income and consented residential development potential. Planning permission has been granted to convert the vacant first-floor accommodation into four flats, while a further consent granted in October 2024 permits the creation of a second floor comprising three additional flats. Together, the permissions provide for seven residential units, offering an attractive opportunity for property investors and developers.
- Freehold public house investment with residential development potential.
- Offers in excess of £2,000,000.
- Directly opposite South Harrow Underground Station.
- Commercial tenancy generating £90,000 annual rent.
- Approximately 8,310 sq. ft. gross internal area.
- Planning consent for seven flats across the first and proposed second floors.
