PROPERTIES

Crazy Pizza, 7-9 Paddington Street, London W1U 5QH

Price£5,200,000

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Crazy Pizza, 7-9 Paddington Street, London W1U 5QH

  • Income£277,850
  • Yield5%
  • SectorLeisure
  • StatusUnder Offer
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UNIQUE INVESTMENT OPPORTUNITY IN THE HEART OF ONE OF LONDON’S PRINCIPAL VILLAGES SECURED WITH AN UNEXPIRED LEASE TERM OF IN EXCESS OF 20 YEARS

Summary

  • Situated in the heart of London's West End, Marylebone Village.
  • Central London Restaurant let to Mitchells & Butler Limited under a lease expiring 28 September 2022 with a reversionary lease in place for 20 years to Crazy Pizza.
  • Freehold
  • Currently producing an income of £277,850 per annum
  • Offers in excess of £5.2M
  • Net Initial Yield of 5%