Absolute Prime Retail Investment Opportunity

99 St John's Wood Terrace, London , NW8 6PL

Ref 14618

Category Invest

Type Retail

Status Available

Price/Rent £ 1,430,000

Size 1 - 486 sq ft
(0 - 45 sq m)

  • St John’s Wood is a highly affluent North West London Suburb adjacent to Regents Park.
  • Prominent retail unit located nearby St John’s Wood High Street.
  • Situated on St John’s Wood’s Terrace, the area’s prime estate agency pitch.
  • Freehold.
  • Total accommodation of 486 sq ft.
  • Let to Countrywide Estate Agents trading as Hamptons International.
  • Attractive unexpired term of 4.82 years to break and 7.34 years to expiry.
  • Total passing rent of £65,000 per annum.
  • Tenant recently extended term certain highlighting their commitment to the Property.
  • Offers are invited in excess of £1,430,000 reflecting a Net Initial Yield of 4.25% allowing for Purchaser’s costs of 6.93%, subject to contract and exclusive of VAT.