Investment For Sale in 280 West End Lane, West Hampstead, London, NW6 1LJ
Offers in excess of £1,100,000
Investment
2,266 sq ft
Prime West Hampstead shop and upper parts freehold investment for sale
Total income: £68,856 per annum
Prime West Hampstead location - opposite West End Green and Waitrose
Ground floor let to Grocery Post at £42,500 per annum exclusive, on a 25 year FRI lease from 27 February 2023, expiring 26 February 2048
First floor flat let on an APT at £26,256 pa
Second floor flat sold on long lease 125 years from September 1986 (85 years unexpired)
Gross yield approx. 6.26%
Established retailer and one of West Hampstead most loved deli's
Description
The property occupies a prominent position on West End Lane in the heart of West Hampstead, one of North West London's most affluent and villages. Situated opposite West End Green and the Waitrose supermarket, the property benefits from excellent visibility, high levels of pedestrian footfall and a vibrant mix of independent retailers, national occupiers, cafés, restaurants and local amenities.
Transport links are excellent, with West Hampstead Underground Station (Jubilee Line), West Hampstead Thameslink, and West Hampstead Overground all within a short walk, providing fast connections to Central London, the City, Canary Wharf, Luton Airport and beyond. Numerous bus routes also serve West End Lane and the surrounding area.
