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Golders Green Portfolio

4 Retail Properties Offered at $8,697,597 in London

Investment Highlights

  • Landmark commercial building in Golders Green, a bustling neighbourhood around the Tube and Bus Stations in the north London Borough of Barnet
  • The location benefits from an affluent local catchment population with 708,775 people ( 293,030 households) within the primary 5km radius
  • The property produces a total net rental income of £450,615 per annum
  • Occupying a very prominent corner position on the main retailing pitch in Golders Green
  • Commercial income of £245,500 per annum with an attractive WAULT to expiry 7.45 years
  • Freehold

Executive Summary

The property comprises approximately 10,761 sq ft of retail accommodation, 2,030 sq ft of office accommodation and 5,755 sq ft of residential accommodation. These are split across the eastern and western block.
The western block, along Golders Green Road, includes two ground floor retail units; 2 Golders Green Road (Pret A Manger) and 4-8 Golders Green Road (Lloyds Bank), which is a Grade II listed building.
Lloyds Bank occupies the ground floor of Bank Mansions in Golders Green Crescent, which also has six residential units above. To the rear of the units on Finchley Road is a basement and yard let to Chiltern Contracts Limited.
Above 2 Golders Green Road are two office floors, currently occupied by a dental practice (trading as Gentle Dental Practice).

Property Facts

Price $8,697,597
Price / SF $875.80 / SF
Cap Rate 6.50%
Sale Type Investment
Status Active
Number of Properties 4
Individually For Sale 0
Total Building Size 9,931 SF
Total Land Area 0.30 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
903-905 Finchley Rd, London NW11 8RR Retail 1,204 SF - -
897 Finchley Rd, London NW11 7NX Retail 2,946 SF 1913 -
2-2B Golders Green Rd, London NW11 8LH Retail 3,434 SF 1950 -
8 Golders Green Rd, London NW11 8LJ Retail 2,347 SF - -
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  • Listing ID: 33592273

  • Date on Market: 10/22/2024

  • Last Updated:

  • Address: Golders Green Portfolio, London, LND

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