191-211 Haverstock Hill, Belsize Park, London NW3 4QG

  • Price £16,812,000
  • Yield 6.5%
  • Income £1,167,043
  • Sector Commercial, Retail, Office

Exceptionally Rare Opportunity to Acquire a Landmark Food Anchored Mixed-Use Investment in one of London’s Most Affluent Neighbourhoods

Summary

  • Under the same ownership for the past 50 years.
  • Located just 3 miles north of Central London opposite Belsize Park Tube Station.
  • Property comprises a retail parade, a cinema, office accommodation, and a collection of residential flats sold off on long leases.
  • Anchored by Budgens Supermarket (35% of total income)  who are a wholly owned subsidiary of Tesco PLC.
  • Freehold
  • Tenant lineup also includes, Boots, Joe & the Juice, Daunt Books and Everyman Cinema.
  • Budgens have recently spent in excess of £2M  on a new fit out.
  • 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