120 St Johns Wood High St
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120 St Johns Wood High St
2,400 SF 100% Leased 4-Star Retail Building London NW8 7SG $4,792,638 ($1,997/SF) 5% Cap Rate
Investment Highlights
- Optimal Location
- Attractive corner freehold building in the heart of St Johns Wood High Street
- 5 residential flats above
Executive Summary
Commercial unit extends 2,385 sqft arranged over basement (1,066sqft) and ground floors (1,319sqft)
Restaurant let for £200,000pax (£83psf) to Troia (UK) Restaurant Limited t/a The Ivy - 15-year lease expiring 03-Dec-2029
5 residential flats above have been sold off on long leaseholds with a ground rent of £1,000 pa.
Offers invited in excess of £3,750,000 representing a 5% NIY
Restaurant let for £200,000pax (£83psf) to Troia (UK) Restaurant Limited t/a The Ivy - 15-year lease expiring 03-Dec-2029
5 residential flats above have been sold off on long leaseholds with a ground rent of £1,000 pa.
Offers invited in excess of £3,750,000 representing a 5% NIY
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Bar
Building Size
2,400 SF
Building Class
B
LoopNet Rating
4 Star
Year Built
1892
Price
$4,792,638
Price Per SF
$1,997
Cap Rate
5%
NOI
$239,632
Percent Leased
100%
Tenancy
Multiple
Building Height
5 Stories
Amenities
- Security System
- Air Conditioning
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Nearby Major Retailers
-
Mark Shipman -
Cameron Mair -
Michael Elliott
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120 St Johns Wood High St
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