Northways Parade, Finchley Road

College Crescent, London, NW3

Description

Freehold Retail Parade

  • Prominently located on the junction of Finchley Road and College Crescent less than 50 metres from Swiss Cottage Underground Station in the London Borough of Camden.
  • An unbroken parade of 26 retail units and garage premises over basement, ground and first floor level providing a total of 37,087 sq ft (3,445 sq m) and a total retail frontage of 697 ft (212 metres). Three 6 storey residential apartment blocks reside above the retail containing 92 sold off residential units.
  • Multi-let producing a total current rental income of £658,179 per annum (£17.74 per sq ft overall) with an AWULT of 7.85 years term certain.
  • Purchased on behalf of a private investor in July 2014.