A RARE OPPORTUNITY TO ACQUIRE A FREEHOLD BUILDING COMPRISING 9 INCOME PRODUCING APARTMENTS IN ONE OF LONDON’S MOST PRESTIGIOUS BOROUGHS.
A red-brick Edwardian terraced building above retail space which is sold on a long lease is arranged into nine beautifully restored apartments (4 x 1 bed, 5 x 2 bed) over 1st to 5th floors comprising 625 m (6,722 ft) of accommodation with a lift.
All the apartments are let on Assured Shorthold Tenancy agreements and are currently achieving a gross rental income of £254,759.96 per annum, however, we believe the estimated rental value of the building is in the region of £392,000 per annum.
We are inviting offers in excess of £11,000,000 (Eleven Million Pounds) for the freehold interest.