Sainsbury’s 207 Shirland Rd 3,554 SF Retail Building London W9 2EX $4,554,646 CAD ($1,281.55 CAD/SF) 5% Cap Rate

The property is prominently located on Shirland Road in Maida Vale, London, within a well-established residential area approximately 2 miles north of Paddington and 4 miles west of Central London. Shirland Road forms part of the A4207, providing convenient access to the A40 and wider London road network. The surrounding area is predominantly high-density residential, characterised by attractive Victorian and Edwardian terraced housing along with a range of local shops, cafés, and services. Maida Vale is a sought-after West London location, benefitting from strong demographics and excellent transport connections, including Maida Vale and Warwick Avenue Underground stations, both of which are within walking distance.
Prime London Convenience Store Investment For Sale The property comprises of a three storey corner building of traditional brick construction, with flat roof situated on a circa 0.078 acres (0.032 hectares) site. The building has been sensitively converted to provide a convenience store over basement and ground floor levels and then hotel accommodation (not included in the sale) arranged over first, second and third floor levels.
Located in affluent residential district in West London Close proximity to Maida Vale and Warwick Avenue Underground stations New 999 year lease (virtual freehold) at a peppercorn rent available 100% of income secured against undoubted Sainsbury’s Supermarkets Limited covenant Well configured 3,554 sq ft (330 sq m) store arranged over ground floor and basement levels Long term lease with approximately 14 years remaining (No Breaks) Indexed linked CPI reviews Total Annual Income £130,000 per annum Guide Price £2,445,000 (5% NIY) The property has an approximate Gross Internal Area of 3,554 sq ft (330 sq m).
New 999 year lease (virtual freehold) at a peppercorn rent available The property is let by way of a lease dated 21 November 2024 for a term of 15 years at a passing rent of £130,000 per annum, expiring 21 November 2039. The tenant is SAINSBURY'S SUPERMARKETS LTD. The lease is subject to five yearly reviews on an upward only basis index linked to CPI with a cap and collar of 3 and 1%.