Well, not quite Marylebone High Street but only 1 building in!
Ashurst Real Estate is selling 3 Paddington Street, London W1U 5QD which is a mixed use investment property with an existing income of £151,200 PA.
Comprising a fully let shop property on ground and basement floors + a tenanted studio flat on 1st floor with vacant studio flats on 2nd + 3rd floors.
A total income of approximately £210,000 PA is anticipated upon leasing the 2 vacant studios.
The ground floor shop has a further 9 years to run, with a tenant break clause in 4 years and the studios generally have a low history of tenant churn.
3 Paddington Street’s close to alignment to the wonderful Marylebone High Street makes this central London investment an appealing and potentially stable income base.
Want to learn more?
Contact Ashurst Real Estate on 020 7419 5117 or visit this property’s webpage for further information, photos, plans!