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.