Exceptionally Rare Opportunity to Acquire a Landmark Mixed-Use Investment in one of London’s Most Affluent Neighbourhoods
Summary
- Under the same ownership for the past 50 years.
- Landmark Commercial building in the heart of Belsize Park, one of the most affluent residential areas in London.
- Located just 3 miles north of Central London opposite Belsize Park Tube Station providing regular northern line services to the West End and The City.
- The property comprises a retail parade, a cinema, office accommodation, and a collection of residential flats sold off on long leases.
- Freehold.
- Tenant lineup includes Budgens, Boots, and Everyman Cinema.
- Budgens have recently spent in excess of £2M on a new fit out.
- Annual rent of £1,156,160 per annum.
- Car park located at the rear of the property providing approximately 18 spaces.
- Everyman Cinema is let off a low base rent of £14 psf.
- Suitable for a number of asset management opportunities subject to necessary planning consents.