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120 St Johns Wood High St

2,400 SF 100% Leased 4-Star Retail Building London NW8 7SG $6,793,421 CAD ($2,831 CAD/SF) 5% Cap Rate

Investment Highlights

  • Optimal Location
  • Attractive corner freehold building in the heart of St Johns Wood High Street
  • 5 residential flats above

Executive Summary

Commercial unit extends 2,385 sqft arranged over basement (1,066sqft) and ground floors (1,319sqft)
Restaurant let for £200,000pax (£83psf) to Troia (UK) Restaurant Limited t/a The Ivy - 15-year lease expiring 03-Dec-2029
5 residential flats above have been sold off on long leaseholds with a ground rent of £1,000 pa.
Offers invited in excess of £3,750,000 representing a 5% NIY

Property Facts

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Bar
Building Size
2,400 SF
Building Class
B
LoopNet Rating
4 Star
Year Built
1892
Price
$6,793,421 CAD
Price Per SF
$2,831 CAD
Cap Rate
5%
NOI
$339,671 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
5 Stories

Amenities

  • Security System
  • Air Conditioning

Nearby Major Retailers

Barclays
Starbucks
Tesco
Pret A Manger
Caffe Nero
ALDI
NatWest
Co-op
freshii
Costcutter
  • Listing ID: 34109410

  • Date on Market: 2024-12-06

  • Last Updated:

  • Address: 120 St Johns Wood High St, London NW8 7SG

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