Haverstock Hill, Belsize Park, London NW3 4QG

  • Price £18,050,000
  • Yield 6%
  • Income £1,156,160
  • Sector High Street Retail, Office

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.
Contact
Stephen Raingold
Email: stephenraingold@lewisandpartners.com
Mobile: 07775 647 499