PROPERTIES

191 – 211 Haverstock Hill, Belsize Park London NW3

Price£26,570,000

PDF DETAILS

191 – 211 Haverstock Hill, Belsize Park London NW3

  • Price£26,570,000
  • Income£1,135,010
  • Yield4%
  • SectorHigh Street Retail
  • StatusAvailable
PDF DETAILS

Landmark Commercial Building in the heart of Belsize Park

Summary

  • First time on the market for in excess of 50 years.
  • Landmark commercial building in the heart of Belsize Park, one of the most affluent residential areas in London.
  • The property is Located 3 miles north of Central London opposite to Belsize Park Tube station, on the Northern Line.
  • The property comprises a parade of retail including an Everyman Cinema and office accommodation with 21 residential flats sold off on long leaseholds above.
  • Tenants include Budgens, Everyman and Boots.
  • Our Client will be disposing of their freehold interest.
  • Annual rental of £1,135,010.
  • We are instructed to seek offers in excess of £26.57M (Twenty Six Million, Five Hundred and Seventy Thousand Pounds) subject to contract and exclusive of VAT.
  • A purchase at this level reflects a Net Initial Yield of 4% based on unadjusted acquisition costs of 6.8%.