197 Westbourne Grove - Storefront FOR SALE


London, LND W11 2SB
$3,325,000 USD
203-870-2717
197 Westbourne Grove, London, LND for Sale
$3,325,000 USD
Storefront - FOR SALE
1/2
null | 5% Cap Rate

197 Westbourne Grove
London, LND W11 2SB


HIGHLIGHTS

  • Westbourne Grove is Notting Hill’s premier retail pitch
  • Excellent transport links

OVERVIEW

The accommodation is arranged over basement, ground and three upper floors. The basement and ground floor provide retail accommodation, with the upper floors utilised as three residential flats. Offers are invited in excess of £3,325,000 for the freehold interest subject to contract and exclusive of VAT. A purchase at this level represents a Net Initial Yield of 5.00% (assuming purchaser’s costs of 6.14%) on the commercial element and applying £1,400 Capital Value per sq ft on the residential.

FOR SALE DETAILS

PRICE

$3,325,000 USD

PRICE/SF

$3,348 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

5

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,712 SF

ZONING

-

APN/PARCEL ID

BGL74292,BGL82411

ASK ABOUT THIS PROPERTY

Jack ThorneBNPMore Info
203-870-2717

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Jack ThorneBNPMore Info
203-870-2717

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.