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120 St Johns Wood High St

2,400 SF 100% Leased 4-Star Retail Building London NW8 7SG £3,750,000 (£1,563/SF) 5% Net Initial Yield

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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