155 Praed St
London W2 1RL
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Situated in the vibrant west London neighbourhood of Paddington, among beautiful parks, garden squares and picturesque canals
- Excellent transport links form the major transport hub of Paddington Station: Crossrail, 'Elizabeth Line', Mainline, Heathrow Express, Underground Li
- Underpinned by secure long dated income from the retail unit for a further eight years and evidenced reversionary (post-covid) rents on the flats
- Prominently located on Praed Street on a lively pitch, opposite Paddington Station and the new Paddington Square development (The Paddington Cube)
- Refurbished in 2015 to provide a shop over ground and basement, with 3 self contained flats on the 4 floors above
- Asset management opportunities to include converting the flats to premium studios or serviced apartments and the shop to restaurant use
PROPERTY FACTS
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
809 SF
Building Class
B
Year Built
1828
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
10’
Building FAR
2.00
Lot Size
0.01 AC
Frontage
18’ on Praed St
