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192 Shaftesbury Ave 2,309 SF 100% Leased Retail Building London WC2H 8JL $3,227,612 CAD ($1,397.84 CAD/SF)
Investment Highlights
- World-renowned Shaftesbury Avenue
- 15 minutes from Piccadilly Circus
- Multiple bus routes passing
- 10 minutes from Covent Garden
- Holborn & Leicester Square nearby
- Three residential floors above
Executive Summary
A rare freehold mixed-use opportunity on world-renowned Shaftesbury Avenue, comprising an income-producing ground and basement retail unit with three residential floors above, offered at £1,750,000.
The property comprises a retail unit arranged over ground and basement levels, extending to approximately 2,309 sq ft (215 sq m), with three residential floors above. The retail accommodation is an in-line unit fronting directly onto Shaftesbury Avenue and is currently occupied by Franx Continental Café. The third-floor residential unit is let, with the first and second floors currently vacant.
The commercial element is let to Franx Continental Café on a 10-year lease from 10th May 2015.
Residential element is vacant on the 1st and 3rd floor and the 2nd floor is occupied and is producing a rent of £8,040 pa
The property comprises a retail unit arranged over ground and basement levels, extending to approximately 2,309 sq ft (215 sq m), with three residential floors above. The retail accommodation is an in-line unit fronting directly onto Shaftesbury Avenue and is currently occupied by Franx Continental Café. The third-floor residential unit is let, with the first and second floors currently vacant.
The commercial element is let to Franx Continental Café on a 10-year lease from 10th May 2015.
Residential element is vacant on the 1st and 3rd floor and the 2nd floor is occupied and is producing a rent of £8,040 pa
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
2,309 SF
Building Class
B
Year Built
1900
Price
$3,227,612 CAD
Price Per SF
$1,397.84 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
5 Stories
Slab To Slab
9’
Building FAR
2.73
Lot Size
0.02 AC
Frontage
17’ on Shaftesbury Avenue
Amenities
- Bus Line
- Metro/Subway
- Signage
- Storage Space
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Nearby Major Retailers
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192 Shaftesbury Ave
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