1,808 Sq Ft
£1,400,000
  • Ref: 186489
  • Type: Investment
  • Availability: Sold
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Property Summary

Prime Hampstead Freehold Building For Sale

Full Details

This Grade II Listed property is arranged on basement, ground and three upper floors to provide a ground floor restaurant and a self-contained three bedroom maisonette accessed from the side.

The commercial has an EPC rating on B(44) whilst the residential has a rating of D(60).

TENANCY

The restaurant is let to 'We Love Pizza Limited' for a term of 15 years commencing 7th September 2012 at a passing rent of £40,000 per annum.
We are informed there are two outstanding rent reviews from December 2017 and 2022. The lease is inside the 1954 Landlord & Tenant Act.

Location
The fashionable and prosperous suburb of Hampstead is situated about 4 miles north of Central London. The area has long been a sought after residential area in close proximity to Hampstead Heath and easy links to both the City and the West End.

The property is situated in Hampstead village within a conservation area on the east side of Heath Street adjacent to The Gaucho Grill a short distance north of Hampstead Underground Station (Northern Line).

Other nearby occupiers include Itsu, Wagamama, Tesco, Knight Frank as well as a range of independent retailers and cafes.

Available Area

Name/FloorSq FtSq MAvailability
unit Ground & Basement81875.99Sold
unit 1st, 2nd & 3rd99091.97Sold
Total1,808167.97