Pub/bar for sale in Allitsen Road, London NW8

Offers over £3,000,000 (£753.39/sq. ft)
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Pub/bar for sale

3,982 sq. ft*

Property description

Prime St John’s Wood Freehold Investment Opportunity

Rare opportunity to acquire a highly prominent, attractive mixed-use building in the heart of St John’s Wood.

Prominent position just off St John’s Wood High St and 150 meters East of Regent’s Park.

Excellent connectivity within 11 minutes walk of the Jubilee Line at St John’s Wood Station.

Comprising 1,937 sq ft NIA of well configured Class E accommodation on ground and basement.

First and second floors comprise 2,045 sq ft gia arranged as 7 en-suite bedrooms (C1 Hotel) which are accessed from a separate entrance on Townshend Road.

The vendor has received 3 offers for the ground and lower ground floor Class E Premises – featuring a 15-year Fri lease with no breaks, at an attractive £70,000 p.a.

Asset management potential including extending at second floor level and adding another floor towards the rear, subject to necessary consents.

Available with full vacant possession.

Freehold

Offers are sought in excess of £3,000,000 (Three Million Pounds), subject to contract. Purchase at this level reflects a low Capital Value of £657 per sq ft gia.

Property info

* Sizes listed are approximate. Please contact the agent to confirm actual size.

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Estate Office, NW8 on +44 20 7768 1786 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Estate Office, and do not constitute property particulars. Please contact Estate Office for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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