Retail property in one of the prestigious districts of London.
Description
The five-storey building has been built in the late 1950s and combines the commercial and residential premises with a total area of 693 m².
Commercial accomodation occupies the ground and the first floors, as well as basement. There is a spacious hall and two interview rooms on the ground floor, the first floor hosts offices. The basement is a ancillary space.
The spacious banking hall has spacious windows and climate control system, suspended ceilings and tiled floors.
The residential triplex with private entrance and elevator accomodates three upper floors and has area of 352 m². The apartment includes four bedrooms, four bathrooms, a terrace on the roof area of 92 m², with a beautiful view of the surroundings. The flat has floor to ceiling glass which creates an abundance of natural light.
The object is a freehold property.
Absolute income is 300,000 £.
The current yield of 2%.
There is a potential for revenue growth because apartment is vacant.
The retail accomodation is let to one of the huge British banks for 25 years, expiring June 2034.
The building is located in one of the most prestigious districts of London. There are many shops, cafes, restaurants and bars which are popular among residents. Parks, museums and other cultural facilities are in the immediate vicinity of the property.
There are several metro stations and bus stops in the minute availability of the object.
