107-143 Muswell Hill Road, London_Property for Sale
107-143 Muswell Hill Road, London_Property for Sale
107-143 Muswell Hill Road, London, Greater London, N10 3HS, UK

107-143 Muswell Hill Road, London

Asset description

The Property Is situated in a prime pitch, fronting the corner Of Muswell Hill Road and Fortis Green Road. It offers a fully-let freehold island site, comprising; foodstore, restaurant, retail, cinema and 19 self-contained apartments.

...

Attributes

Asking price
¥4,424,148,000
Building area net
1,509 sm
Year built
2000
Tenure
Freehold
Cap rate
4.56%
NOI
¥215,547,000

Media

Investment highlights

  • Fully let, freehold island site, comprising of a foodstore, restaurant, 4 retail units, a cinema and 19-self-contained flats. The property occupies a prime site of 1.3 acres and includes a 68-space car park, which is the main car park for the town.
  • Muswell Hill is an affluent North London suburb within the Borough of Haringey.
  • The current passing rent for the commercial element is £681,077 (62% of total) with £410,260 (38% of total) received from the residential units. The total passing rent is £1,091,337 per annum.
  • The property extends to 49,023 sq ft overall (Commercial - 33,486 sq ft - & Residential - 15,537 sq ft ).
  • Long let defensive asset with an attractive WAULT of 11.5 years to expiry.
  • Commercial tenants include the desirable brands; Everyman, Planet Organic, Giggling Squid, Oree Boulangeries Ltd as well as two independents.
  • Strong recent occupational activity with two rental uplifts agreed at Unit 109 (laundrette) and Unit 107 (Giggling Squid). The recent letting of Unit 121 to Oree Boulangeries Ltd attracted strong interest with 9 bids received.
  • Strong ESG credentials with BREEAM rating of Very Good on the residential element, all EPC’s currently compliant with regs, solar panels and a green roof.
107-143 Muswell Hill Road, London 4_Property for Sale

Contact brokers

107-143 Muswell Hill Road, London (0 Properties)

Similar properties

View moreChevron Right
Do you have any questions? Visit our FAQ page
View FAQ PageArrow Right
JLL can help you finance and manage your portfolio. E-Mail us today to see how we can help achieve your ambitions.
Last updated
Oct 3, 2024