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164 Regents Park Rd
London NW1 8XN
Retail Property For Sale
Investment Highlights
- Rarely available long leasehold retail investment
- Tenant in occupation since 1994
- Prestigious and desirable London village location
- Flexible lease terms
Executive Summary
This property comprises retail accommodation of masonry construction.
Property Facts
| Total Property Size | 6,000 sq ft | Floors | 1 |
| Property Type | Build-to-Rent (Unit) | Typical Floor Size | 773 sq ft |
| Property Subtype | Apartment | Year Built | 1960 |
| Costar Property Class | B |
| Total Property Size | 6,000 sq ft |
| Property Type | Build-to-Rent (Unit) |
| Property Subtype | Apartment |
| Costar Property Class | B |
| Floors | 1 |
| Typical Floor Size | 773 sq ft |
| Year Built | 1960 |
Amenities
Site Amenities
- Security System
1 Unit Available
Unit Retail
| Unit Size | 1,004 sq ft | Tenure | Long Leasehold |
| Unit Use | Retail | Net Initial Yield | 5.00% |
| Sale Type | Investment | NOI | £40,000 |
| Unit Size | 1,004 sq ft |
| Unit Use | Retail |
| Sale Type | Investment |
| Tenure | Long Leasehold |
| Net Initial Yield | 5.00% |
| NOI | £40,000 |
Description
The property is held on a long lease from 29th September 1993 for 999 years at one peppercorn rent.
Sale Notes
Offers are invited in excess of £800,000 (Eight hundred thousand pounds) for the long leasehold interest of the property. A purchase at this level will reflect a net initial yield of approximately 5% after purchaser’s costs of 5.5% on a total income of £43,500 pax.
Interior Photo
Interior Photo
Interior Photo
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Street
Map
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Matterport 3D Exterior
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Street View
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