- 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.
