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The New Inn - Allitsen Road St Johns Wood NW8

Prime Freehold Investment with Vacant Possession
  • Prime St John’s Wood Freehold Investment Opportunity
  • Rare opportunity to acquire a highly prominent, attractive mixed-use building in the heart of St John’s Wood.
  • Prominent position just off St John’s Wood High St and 150 meters East of Regent’s Park
  • Excellent connectivity within 11 minutes walk of the Jubilee Line at St John’s Wood Station.
  • Comprising 1,937 sq ft NIA of well configured Class E accommodation on ground and basement.
  • First and second floors comprise 2,045 sq ft GIA arranged as 7 en-suite bedrooms (C1 Hotel) which are accessed from a separate entrance on Townshend Road.
  • The vendor has received 3 offers for the ground and lower ground floor Class E Premises – featuring a 15-year FRI lease with no breaks, at an attractive £70,000 p.a.
  • Asset management potential including extending at second floor level and adding another floor towards the rear, subject to necessary consents.
  • Available with full vacant possession.
  • Freehold

Offers are sought in excess of £3,000,000 (Three Million Pounds), subject to contract. Purchase at this level reflects a low Capital Value of £657 per sq ft GIA.

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