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Income generating commercial portfolio in prime Notting Hill

London, United Kingdom

77%

£4.800.000

Mixed use

#35058

Core+

28 Oct 2024

Property Details

Broker

For sale

5,000 sq.ft.

465 m²

Leasable area

960 £/sq.ft.

10,322 £/m²

5.80 %

Freehold

X

Fees

0.00 %

0.50 %

0.00 %

0.50 %

Investment Overview

Opportunity for an investor to acquire an income generating commercial portfolio in prime Notting Hill. Comprising three properties totalling c.5,000 sq ft of commercial accommodation. Total topped up rent of £295,700 per annum. Asset management and reversionary potential. Residential flats above sold off generating £700pax of ground rent income. Tenants include Egg Slut and Little Yellow Door. World renowned Portobello Road and All Saints Road benefit from an eclectic range of shops, restaurants and cafés Property 1: mixed-use Victorian terraced building which was recently refurbished and benefits from excellent natural light. Property 2: Victorian mid-terraced building situated on a prime pitch with the retail extending solely on the ground floor. Property 3: charming character building let to the renowned Little Yellow Door arranged over ground and lower ground.