Language and Region
Currency

Email*

Please enter a valid email address.

To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

Message

962 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

117-129 Baker St 6,135 SF 100% Leased 4-Star Retail Building London W1U 6SD $14,088,557 CAD ($2,296.42 CAD/SF) 6.10% Cap Rate

.mosaic-column{display:inline-block!important;height:100%!important;width:auto!important}.mosaic-tile i{display:none!important}.mosaic-tile img{height:100%!important;width:auto!important}

Investment Highlights

Connection to the Metropolitan, Jubilee, Circle, District and Bakerloo Lines
Excellent natural light

Opposite Baker Street Underground Station, benefiting from 21.5+ million annual passenger movements

Executive Summary

A rare opportunity to acquire a highly prominent mixed-use freehold asset in one of Central London’s most established retail and leisure destinations. The property is situated opposite Baker Street Underground Station, benefiting from over 21.5 million annual passenger movements, and extends to 6,135 sq ft across four units with extensive frontage onto both Baker Street and Bickenhall Street. It generates a current rent of £491,000 per annum and is secured to strong national covenants, including Bill’s Restaurants and Robert Dyas. There is reversionary evidence in the immediate vicinity, alongside long-term income security reflected in a 9.1-year WAULT, with 90% of the income secured beyond seven years. The asset is offered at a guide price of offers in excess of £7.55 million, reflecting a net initial yield of 6.1%.