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Investment Highlights
- Income producing, mixed use commercial building
- Residential long leases co-terminous with head lease
- Comprising 2 self contained studio offices occupied under license and 12 flats sold off on long leases
- Held on a long lease expiring in circa 120 years and with a ground rent of £400 PA
- Office licenses on 3 months break notices
Executive Summary
Tiger House is an award winning mixed use development that was constructed in 1999 and comprises 2 self contained studio offices within a courtyard environment along with 9 residential apartments with associated secure car parking. RIBA described the development as “urban keyhole surgery of the utmost finesse”. The 2 studio offices are income producing and occupied under licences. The 9 flats are sold off on long leases predominantly with 120 years remaining. 39 Burton Street is connected to Tiger House via the secure car park and sits above the southern entrance. It was constructed in the 1920’s and comprises 3 flats which are also sold on off on long leases with some 120 years remaining
Property Facts
| Price | $3,776,831 CAD | Status | Active |
| Price / SF | $1,061 CAD / SF | Number of Properties | 2 |
| Cap Rate | 7.13% | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 3,560 SF |
| Price | $3,776,831 CAD |
| Price / SF | $1,061 CAD / SF |
| Cap Rate | 7.13% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 3,560 SF |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Tiger House
Burton St, London WC1H 9BY |
Office | 2,990 SF | 1810 | - |
| 39 Burton St, London WC1H 9AL | Retail | 570 SF | 1990 | - |
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Tiger House & 39 Burton street
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