Notting Hill Gate Estate _Property for Sale

London, Greater London, UK, EMEA

Notting Hill Gate Estate

Portfolio description

Freehold estate comprising three prime commercial holdings, prominently located on Notting Hill Gate. The property offers a rare chance to acquire a significant foothold in a prime central London location, set to benefit from a focused regeneration scheme. This location, coupled with the portfolio’s proven reversionary income and untapped asset management potential, offers immediate opportunities for significant value appreciation.

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Attributes

Tenure

Freehold

Building area net

185,118 sf

WAULT to breaks

7.3 years

WAULT to expiries

8.4 years

Notting Hill Gate Estate (3 Properties)

Media

Investment highlights

Freehold estate comprising three prime commercial holdings, prominently located on Notting Hill Gate
185,118 sq ft (17,198 sq m) of office and retail accommodation
Weighted average unexpired lease term of 8.4 years to expiry and 7.3 years to tenant breaks
Gross passing rent of £9,529,674 per annum, reflecting a highly reversionary overall rent of £51.48 per sq ft
Strategically positioned to benefit from the regeneration of the Notting Hill Gate area, including the redevelopment of Newcombe House
Diverse mix of high-quality tenants including major supermarkets, popular grab-and-go food operators, The Office Group t/a Fora, and Ovo Energy
Exceptional repositioning opportunity on East Block, 19-35 Notting Hill Gate with planning permission secured to redevelop and provide 35,000 sq ft of Grade A office space