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90-100 Kingsway
London N12 0EX

Tally Ho Corner · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Tally Ho represents a prominent retail leisure and office opportunity
  • The Property is held on a 999 year lease from 29th September 2004 at a peppercorn rent
  • The property is recognised and is well known by the local community as operates as a transport hub and home to the Finchley Bus Depot

EXECUTIVE SUMMARY

This mixed-use building, constructed in the 2000s, comprises five ground floor retail units with gym, office and dance studio accommodation over the 2nd and 3rd floors along with a 233 space double basement car park. Additionally, the property includes a bus depot and twelve storey residential tower on the eastern side which is sold off on a long lease.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Tenure
Long Leasehold
Property Subtype
Storefront Retail/Residential
Building Size
60,545 SF
Building Class
B
Year Built
2003
Price
$16,513,179
Price Per SF
$273
Cap Rate
8.18%
NOI
$1,350,651
Percent Leased
100%
Tenancy
Multiple
Building Height
15 Stories
Building FAR
0.23
Lot Size
6.00 AC
Parking
274 Spaces (4.53 Spaces per 1,000 SF Leased)
Frontage
304 FT on Kingsway

AMENITIES

  • Bus Line
  • Raised Floor
  • Security System
  • Storage Space
  • Air Conditioning
  • Listing ID: 31327339

  • Date on Market: 3/26/2024

  • Last Updated:

  • Address: 90-100 Kingsway, London N12 0EX

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