PROPERTIES

Rare Opportunity to Purchase a Prime Freehold Investment In The Royal Borough Of Kensington & Chelsea

Summary

• Rare opportunity to purchase a mixed use freehold island site in the heart of the Royal Borough of Kensington & Chelsea.
• Prime unbroken retail parade comprising 9 retail units with underground parking and residential above, the majority of which are on long leases.
• Total current rent of £662,830 per annum.
• Freehold
• Offers in excess of £11,300,000 (ELEVEN MILLION THREE HUNDRED THOUSAND POUNDS) subject to contract and exclusive of VAT.
• Net initial yield of 5.5% after allowance for purchaser's costs of 6.71%.