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63 Lisson Street London NW1 5DA

Prime Freehold Mixed-Use Investment - Potential Residential Conversion
For sale
  • Zone 1 Prime Mixed-use Investment.
  • Opportunity to acquire a Freehold building.
  • Excellent transport connectivity, within close proximity of Edgware Road Station (Bakerloo, Hammersmith & City, Cicle and District Lines) and London Marylebone Station (Chiltern Railway).
  • Attractive mixed-use building comprising a vacant Class E unit over lower ground, ground and mezzanine, with three self-contained flats above.
  • Two flats are sold off on long leases (61 years unexpired and 152 years unexpired), one flat let on an AST.
  • Total area 2,553 sq ft:
  • 2,117 sq ft NIA Office.
  • 436 sq ft GIA top floor flat (excluding balcony).
  • Estimated Rental Value for the office c. £63,500 (£30 per sq ft) and reversionary income on the upper floor flat.
  • Freehold
  • Significant value add opportunities including change of use to residential, subject to necessary consents.

Offers are sought in excess of £1,400,000 (One Million Four Hundred Thousand Pounds), subject to contract. A purchase at this level reflects a blended low Capital Value of £548 per sq ft.

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