Mixed-use building, London, UK

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Mixed-use building, London, UK

1,803,000 £
6,393 £ /m²
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  • Total area
    282 m²
  • Yield
    4.0 %
  • Rental rate (m²/month)
    22 £
Details
Property parameters
  • 5-floor building
Financial performance
  • Annual income: 73,711 £

Multifunctional building in the center of Fitzrovia.

Description

The five-storey building with an attic includes 4 apartments, two of which are sold off on a lease (101 years), and the other two are leased and produce income.

The ground floor and lower ground floors are occupied by a restaurant with A3 license and a total area of 139 m².

Type of ownership: Freehold.

Financial performance

The cost of the property is £ 1,950,000/ 2,170,000 €.

The absolute annual income is £ 79,700/ 88,714 €.

The current yield is 4%.

Tenants

The lease agreement with the restaurant is valid until 2031.

Location

The property is located in a residential area of Fitzrovia. There are a lot of hotels, galleries and ancient pubs which are located near the theaters of the West End. Along the quiet streets of the district there are various new media, advertising and architectural companies.

London is the capital and largest city of the United Kingdom of Great Britain and Northern Ireland and the 3rd largest city in Europe. The population of the city is more than 8.6 million people.

London is the main political, economic and cultural center of the United Kingdom.

London belongs to the global cities of the highest rank and the world's leading financial centers. Its economy is 1/5 of the country's one.

The tourism industry employs more than 250 thousand people. Every year tourists leave in London more than 10 billion pounds.

  • Property on the map
    Location right down to the building, street or city
  • Other properties
    Other offers nearby

More properties

If this property wasn’t for you, take a look at other mixed-use buildings for sale in the United Kingdom.

You can see more mixed-use buildings for sale in London elsewhere on our website.

Statistics in London

Price per m², £
11,948
Healthcare efficiency level
69
Index 69 from 100

The index reflects how respondents rank the overall level of healthcare quality, professionalism of medical staff, quality of equipment, cost of services, etc.

Safely rate
48
Index 48 from 100

When evaluating the crime level, Numbeo survey respondents (local residents) have shared their expectations of how safe would a lone walk in the part be for them during the day and night.

Real estate Price, £
Apartment in the city centre, m² 11,947.78
Apartment in a bedroom community, m² 6,769.79
Transport Price, £
Public transport, 1 ride 2.32
Monthly travel card 138.89
Taxi, 1 km 2.78
Petrol, 1 l 1.2
Food Price, £
Water, 1.5 l 0.85
Milk, 1 l 0.9
White bread, 500 g 1.02
Eggs, a dozen 1.89
Chicken fillet, 1 kg 5.75
Education Price, £
Kindergarten, per month 1,180.54
International school, per year 16,008.28
Health care index
Staff competence 67.36
Medical equipment 82.38
Research accuracy and completeness 67.4
Attitude towards patients 70.54
Security index
Crime rate 61.74
The risk of being robbed 53.97
The risk of car theft 49.78
The risk of break-in and property damage 57.75

The data is provided by numbeo.com and based on the answers of its users.
Tranio does not guarantee its reliability.

Show the entire statistics

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Anna Kurianovich
Anna Kurianovich
Investment consultant in London
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