PROPERTIES

191 – 211 Haverstock Hill, Belsize Park London NW3

Price£19,680,000

PDF DETAILS

191 – 211 Haverstock Hill, Belsize Park London NW3

  • Price£19,680,000
  • Income£1,156,160
  • Yield5.50%
  • SectorHigh Street Retail
  • StatusAvailable
PDF DETAILS

Exceptionally Rare Opportunity To Acquire A Landmark Mixed-Use Investment In One Of London's Most Affluent Neighborhoods

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 comprises a parade of retail, a cinema, office accommodation and a collection of residential flats sold off on long leases.
  • Tenant line up includes Budgens, Boots and Everyman Cinema.
  • Annual rent of £1,156,160 pa.
  • Everyman Cinema has a low base rent of £14 psf.
  • Freehold
  • Numerous asset management opportunities subject to necessary planning consents.
  • Offers in excess of £19,680,000 (Nineteen Million Six Hundred and Eighty Thousand Pounds) subject to contract and exclusive of VAT.
  • A purchase at this level reflects a Net Initial Yield of 5.50% after allowance for purchasers’ costs of 6.75%.