Savills · 21 Oct 2026 · in 2 days
Prominent Virtual Freehold Shop Investment
Unit 2, Fountain House, 30-36 Church Road, Stanmore HA7 4AL · London
LiveRetailLeaseholdLet
- Guide
- £795,000
- Rent a year
- £70,000
- Yield on the guide
- 8.8%
- Payback
- 11 yrs
- Net yield, after buying costs
- 🔒 With access
- Likely to sell for
- 🔒 With access
- Energy rating
- C
- Size
- 5,060 sq ft£13.83 rent per sq ft
What it costs to own
The price is only part of it. Every auction house adds a buyer's fee, and you pay stamp duty and a solicitor. Net yield is the rent over all of it.
The cost breakdown and net yield: included with access, £49 a month. Start with a free account.
Create an accountWhat it's likely to sell for
From what comparable lots actually sold for against their guide, in Cornerlot's results.
The likely sale range: included with access, £49 a month. Start with a free account.
Create an accountEnergy rating
- A
- B
- C
- D
- E
- F
- G
C from the government EPC register, lodged 13 Oct 2022 (certificate 9908-0207-0302-7928-0310). Meets today's minimum for letting commercial property in England and Wales (E or better).
How it compares
Market comparisons: included with access, £49 a month. Start with a free account.
Create an accountHistory
- First listed on Cornerlot 11 Oct 2026.
Savills' record
Savills' results: included with access, £49 a month. Start with a free account.
Create an accountAbout the lot
Leasehold retail lot in Stanmore. Producing £70,000 a year, a 8.8% gross yield at the guide.
Prime Stanmore Town Centre Investment Let to Schmidt on a New 10-Year FRI Lease Producing £70,000 Per Annum rising to £80,000 p.a. in 2031. Prominent Virtual Freehold Shop Investment. Well located in the affluent North West London suburb of Stanmore. Let on a new 10 year lease(1). Tenant in occupation since 2016. Arranged over 5,060 sq ft. VAT is applicable (TOGC intended). Investment let at £70,000 p.a. (8.8% GIY on Guide Price) rising to £80,000 p.a. in 2031. The property comprises a virtual freehold commercial investment arranged over the ground floor together with three demised parking spaces. Tenancy: The property is let to Schmidt (Stanmore Kitchens Ltd) on a full repairing and insuring (FRI) lease for a term of 10 years from June 2026 at a current rent of £70,000 per annum. (1)The lease provides for a tenant break option at the fifth anniversary and a rent review at the fifth anniversary. The rent increases by £2,500 per annum until Year 5, rising to £80,000 per annum. A three-month rent deposit is held for the term. Tenure: Long Leasehold. Held for a term of 999 years less 3 days from 11 November 1999 at a peppercorn ground rent. The property occupies a prominent position on Church Road, the principal retailing and commercial thoroughfare serving the affluent North West London suburb of Stanmore. Situated within an established parade of local, regional and national occupiers, the property benefits from strong pedestrian footfall and a substantial residential catchment. Stanmore town centre provides a wide range of amenities including supermarkets, cafés, restaurants, banks and convenience retailers, with the surrounding area characterised by attractive residential housing and strong demographic fundamentals.
Figures come from Savills' published lot details and Cornerlot's own record of UK auction results. They're calculations, not advice or a valuation: read the legal pack and take professional advice before you bid.