107-143 Muswell Hill Road, London_Imóvel à venda

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

107-143 Muswell Hill Road, London

Descrição do ativo

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.

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Atributos

Preço pedido

€ 26.603.000

Área de construção líquida

1.509 m²

Ano de construção

2000

Posse

Freehold

Taxa de capitalização

4,56%

NOI

€ 1.297.000

Mídia

Destaques do investimento

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.