No longer on the market
This property is no longer on the market
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Features and description
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• One of London’s most affluent neighbourhoods;
• Freehold;
• Located in prime section of Westbourne Grove;
• Adjacent to new Soho Home Studio flagship store;
• Buoyant retail pitch;
• Well configured retail unit providing 2,251 sq ft over ground and lower ground;
• Let to Young LDN Ltd on a 9.5 year lease from Jul-18;
• Tenant has heavily invested in their shop fit;
• Young LDN is an attractive beauty brand with UK & UAE presence;
• Total income of £190,500 per annum
THE VENDOR IS SEEKING A PRICE OF £3,625,000
A purchase at this level reflects a Net Initial Yield of 4.93% (assuming graduated purchasers’ costs of 6.51%).
Property information from this agent
Area statistics
Crime score
High crime
10/10
About this agent
FIRST ESTABLISHED IN 2007, CLIFTON AGENCY ARE EXPERIENCED INVESTMENT SURVEYORS SPECIALISING IN UK WIDE COMMERCIAL CAPITAL MARKETS. Most of us started our careers as occupational letting agents and our understanding of the tenant side of the business is a fundamental part of the advice we give today. Our team splits its time evenly between buying and selling commercial investment properties for our clients, who range from private investors to property companies and institutions. We have specialists in some of the more technical aspects of the job such as forward fundings, joint ventures and cash flow modelling for multi-let transactions. Over recent years we have acquired and disposed of commercial properties ranging from £1m to £250m across all retail, leisure, industrial, residential and office sub markets.