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192 Shaftesbury Ave 2,309 sq ft 100% Let Retail Property London WC2H 8JL £1,750,000 (£757.90/sq ft)
Investment Highlights
- World-renowned Shaftesbury Avenue
- 15 minutes from Piccadilly Circus
- Multiple bus routes passing
- 10 minutes from Covent Garden
- Holborn & Leicester Square nearby
- Three residential floors above
Executive Summary
A rare freehold mixed-use opportunity on world-renowned Shaftesbury Avenue, comprising an income-producing ground and basement retail unit with three residential floors above, offered at £1,750,000.
The property comprises a retail unit arranged over ground and basement levels, extending to approximately 2,309 sq ft (215 sq m), with three residential floors above. The retail accommodation is an in-line unit fronting directly onto Shaftesbury Avenue and is currently occupied by Franx Continental Café. The third-floor residential unit is let, with the first and second floors currently vacant.
The commercial element is let to Franx Continental Café on a 10-year lease from 10th May 2015.
Residential element is vacant on the 1st and 3rd floor and the 2nd floor is occupied and is producing a rent of £8,040 pa
The property comprises a retail unit arranged over ground and basement levels, extending to approximately 2,309 sq ft (215 sq m), with three residential floors above. The retail accommodation is an in-line unit fronting directly onto Shaftesbury Avenue and is currently occupied by Franx Continental Café. The third-floor residential unit is let, with the first and second floors currently vacant.
The commercial element is let to Franx Continental Café on a 10-year lease from 10th May 2015.
Residential element is vacant on the 1st and 3rd floor and the 2nd floor is occupied and is producing a rent of £8,040 pa
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Residential
Property Size
2,309 sq ft
Costar Property Class
B
Year Built
1900
Price
£1,750,000
Price per sq ft
£757.90
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
5
Floor To Floor Height
9 ft
Plot ratio
2.73
Total Plot Size
0.02 ac
Frontage
17 ft on Shaftesbury Avenue
Amenities
- Bus Route
- Public Transport
- Signage
- Storage Space
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Nearby Major Retailers
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192 Shaftesbury Ave
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