Newly Built Mixed-Use Corner Freehold
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Newly Built Mixed-Use Corner Freehold

London, United Kingdom

71%

Offers invited

Mixed use

#36110

Core+

1 Apr 2025

Property Details

Broker

For sale

6,376 sq.ft.

592 m²

Leasable area

Freehold

X

Fees

0.00 %

0.50 %

0.00 %

0.00 %

0.50 %

Investment Overview

Unique opportunity to acquire an unbroken corner freehold in one of London’s most affluent residential catchments. New build constructed in 2018. Situated in the highly sought after North London suburb of St John’s Wood, adjacent to Regent’s Park, with excellent connections to Central London. Strong pitch with low vacancy rates and high demand from retail and restaurant operators. Attractive building totalling 6,376 sq ft of mixed-use accommodation over lower ground, ground and two upper floors. Commercial passing rent of £185,000 per annum with c.11 years remaining. 3,181 sq ft of restaurant accommodation single let to Motcombs - the renowned Belgravia brasserie for over 40 years. 3,195 sq ft of modern residential accommodation, comprising four apartments: three one-bedroom apartments and one three-bedroom apartment, spread across two floors. Fully let with a current passing rent of £361,873 per annum with a WAULT of c.6.50 years.

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