Lookbook
Description
An attractive Freehold investment opportunity situated on a prominent corner position in Holborn / Bloomsbury borders. The property comprises six residential apartments - 2x twobedroom, and 4x one-bedroom flats. The apartments have been consistency let on longterm tenancies, with minimal void periods.
The commercial unit spans approximately 1,900 sq ft and is let to Konditor, a renowned patisserie brand that has occupied the space for over a decade. A new 10-year lease has recently been agreed, securing long-term income. Offering a strong blend of residential income and a solid commercial covenant, this is an opportunity to acquire a low-maintenance, income-generating asset.
Postcode
WC1X 8LR
Address
Grays Inn Road, Bloomsbury, London
Accommodation
Residential - 2,835 SQ.FT.
Commercial - 1,906 SQ.FT.
TOTAL - 4,741 SQ.FT.
Price
£4,650,000 - STC
Tenure
Freehold.
Amenities
- Residential apartments fully tenanted on ASTs
- Tenants pay utility bills and council tax
- Current income £257,040 pa
- Corner Location
- High Footfall
- Held as an SPV
- A new commercial lease outside the 1954 act
Availability
| Unit | SIZE (SQ FT) | RENT Per Annum | Status |
| b | 4,741 | Available | |
| Total | 4,741 |
When you’re ready to move,
let’s talk