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120 Parkway

4,798 SF Retail Building London NW1 7AN $5,901,941 ($1,230/SF) 3.77% Cap Rate

Investment Highlights

  • Local amenities
  • Close to transport
  • Corner building

Executive Summary

Freehold investment for sale – first time available in 40 years – Landmark iconic building. This unique 1950s landmark building was originally designed by the architects Troughton McAslan (now John McAslan & Partners) to provide an attractive, open plan workspace, arranged on ground and mezzanine floors providing a total area of approximately 5,811 sq ft GIA to include an attractive reception area and meeting rooms, prior to Foxtons moving in.

Property Facts

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
4,798 SF
Building Class
B
Year Built
2000
Price
$5,901,941
Price Per SF
$1,230
Cap Rate
3.77%
NOI
$222,410
Tenancy
Single
Building Height
3 Stories
Building FAR
0.88
Lot Size
0.13 AC

Amenities

  • 24 Hour Access
  • Security System
  • Accent Lighting
  • Air Conditioning

Nearby Major Retailers

Chicken Cottage
Pret A Manger
Lloyds Bank
Tortilla
Tupelo Honey
Costa Coffee
National Westminster Bank Plc
Wasabi Sushi & Bento
Starbucks
Barclays
  • Listing ID: 25192062

  • Date on Market: 3/7/2022

  • Last Updated:

  • Address: 120 Parkway, London NW1 7AN

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