Sold
Highgate, London- Mixed Use Freehold Building in Affluent London Suburb
58-60A Highgate High Street, London, N6 5HX
Offers in excess of £4,250,000
- Property Types:
- Commercial, Development Opportunity
- Sub Type:
- Mixed-use
- Tenure:
- Freehold
- Net Initial Yield:
- 4.14%

Income
£187,500 PA
Description
- Grade II listed building located in the extremely affluent London suburb of Highgate
- Mixed use building providing retail and office accommodation totalling 4,904 sq ft
- Within easy reach of Highgate and Archway Underground Stations, near Highgate Yard
- Producing a total income of £187,500 per annum
- Freehold
- Average unexpired term of 7.91 years to expiry (6.05 years to break)
- Well-secured retail and office accommodation within the front building and the self-contained rear office offers development potential subject to consents. Potential to purchase a building of great historic significance
- The vendor is seeking offers in excess of £4,250,000 (Four Million, Two Hundred and Fifty Thousand Pounds) subject to contract and exclusive of VAT. Based on this level of pricing, it reflects a net initial yield of 4.14% assuming standard purchasers’ costs.