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58-60 Fitzroy St 7,419 SF 100% Leased Retail Building London W1T 5BU $11,159,474 CAD ($1,504.17 CAD/SF) 1.45% Cap Rate

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INVESTMENT HIGHLIGHTS

  • A prominent corner four-story mixed-use building.
  • Multi-let with retail / showroom, offices and residential.
  • Ideal for owner occupiers or investors.
  • Three separate entrances on Euston Road, Fitzroy Street and Warren Street.
  • Opportunity to explore alternative uses with significant development potential (STPP).

EXECUTIVE SUMMARY

The building occupies a prominent corner position on the south side of Euston Road, benefitting from triple frontage with 3x entrances on Euston Road, Fitzroy Street and Warren Street. The building is exceptionally well connected with Warren Street and Euston Square Underground stations located very near by providing access to Victoria, Northern, Hammersmith & City, Metropolitan and Circle Lines. Euston Mainline and Underground station (Victoria, Northern Lines) and Euston Square Underground Station (Circle, Hammersmith, Metropolitan lines) are all within a 5-minute walk. The King’s Cross St Pancras transport hub is also within easy reach, connecting six London Underground lines with two further national mainline railway stations and international high-speed rail.
FOR SALE - RARE MIXED-USE INVESTMENT / DEVELOPMENT OPPORTUNITY A prominent corner four-story mixed-use building measuring a total of 7,419 sq. ft with retail / showroom premises on the ground, basement, and part 1st floors, offices on part 1st and 2nd floors, with 3x self-contained flats on the 3rd floor.
A prominent corner four-story mixed-use building Three separate entrances on Euston Road, Fitzroy Street and Warren Street.
Multi-let with retail / showroom, offices and residential Opportunity to explore alternative uses with significant development potential (STPP) Ideal for owner occupiers or investors.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Office
Building Size
7,419 SF
Building Class
B
Year Built
1795
Price
$11,159,474 CAD
Price Per SF
$1,504.17 CAD
Cap Rate
1.45%
NOI
$161,472 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Slab To Slab
9’
Building FAR
2.83
Lot Size
0.06 AC
Frontage
43’ on Euston Rd

AMENITIES

  • 24 Hour Access
  • Bus Line
  • Metro/Subway
  • Signage

NEARBY MAJOR RETAILERS

The Gym Group
Black Sheep Coffee
Pret a Manger
Costcutter
itsu
Nando's
Amazon Fresh
Sainsbury's
Lidl
Starbucks
  • Listing ID: 31489394

  • Date on Market: 2024-04-12

  • Last Updated:

  • Address: 58-60 Fitzroy St, London W1T 5BU

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