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Investment Highlights
- Prime freehold on Muswell Hill’s 100% retail pitch
- Fully let to established long-term operators
- £119,000 p.a. income; WAULT over 11 years
Executive Summary
120–124 Muswell Hill Broadway comprises a prime freehold mixed-use investment occupying a highly prominent position on the 100% prime retail pitch of Muswell Hill Broadway, within one of North London’s most affluent suburban centres. The property spans two adjoining buildings and provides a combination of well-configured retail accommodation, café space, basement storage and an upper-floor residential maisonette, totalling 4,808 sq ft (NIA + residential GIA).
The commercial elements are fully let to two long-established local operators: Crocodile Antiques, trading from 120–122 for nearly two decades, and Muswell Hill Kitchenware at No.?124. Together they produce a combined passing rent of £119,000 per annum, supported by a WAULT of 11.08 years to expiry (4 years to break) across the income stream. The residential upper parts at 124 - comprising a three-bedroom maisonette - are demised to the retail tenant in situ.
Situated in the heart of Muswell Hill’s thriving retail and leisure environment, the property benefits from consistently high footfall and an affluent catchment with average household incomes significantly above the London average. The surrounding pitch features an attractive blend of boutique independents, artisanal cafés and strong national multiples, with retail vacancy levels extremely low. Offering secure, long-dated income, prime location and strong tenant performance history, 120–124 Muswell Hill Broadway represents a compelling and resilient investment in one of Greater London’s most desirable suburban high streets.
The commercial elements are fully let to two long-established local operators: Crocodile Antiques, trading from 120–122 for nearly two decades, and Muswell Hill Kitchenware at No.?124. Together they produce a combined passing rent of £119,000 per annum, supported by a WAULT of 11.08 years to expiry (4 years to break) across the income stream. The residential upper parts at 124 - comprising a three-bedroom maisonette - are demised to the retail tenant in situ.
Situated in the heart of Muswell Hill’s thriving retail and leisure environment, the property benefits from consistently high footfall and an affluent catchment with average household incomes significantly above the London average. The surrounding pitch features an attractive blend of boutique independents, artisanal cafés and strong national multiples, with retail vacancy levels extremely low. Offering secure, long-dated income, prime location and strong tenant performance history, 120–124 Muswell Hill Broadway represents a compelling and resilient investment in one of Greater London’s most desirable suburban high streets.
Property Facts
| Price | £1,550,000 | Status | Active |
| Price psf | £369.49 / sq ft | Number of Properties | 2 |
| Yield | 7.23% | Individually For Sale | 0 |
| Sale Type | Investment | Total Property Size | 4,195 sq ft |
| Price | £1,550,000 |
| Price psf | £369.49 / sq ft |
| Yield | 7.23% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Property Size | 4,195 sq ft |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 120 Muswell Hill Broa, London N10 3RU | Retail | 2,381 sq ft | - | - |
| 124 Muswell Hill Broadway, London N10 3RU | Retail | 1,814 sq ft | 1986 | - |
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120/124 Muswell Hill Broadway
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