46 Gray's Inn Road, Midtown, WC1X 8LR
- SIZE AVAILABLE
4,741 sq ft
440 sq m
- SECTOR
Commercial property for sale
Key features
- Residential apartments fully tenanted on ASTs
- Tenants pay utility bills and council tax
- Current income £257,040 pa
- Corner Location
- High Footfall
- Held as an SPV
- A new commercial lease outside the 1954 act
Description
An attractive Freehold investment opportunity situated on a prominent corner position in Holborn / Bloomsbury borders. The property comprises six residential apartments - 2x twobedroom, and 4x one-bedroom flats. The apartments have been consistency let on longterm tenancies, with minimal void periods.
The commercial unit spans approximately 1,900 sq ft and is let to Konditor, a renowned patisserie brand that has occupied the space for over a decade. A new 10-year lease has recently been agreed, securing long-term income. Offering a strong blend of residential income and a solid commercial covenant, this is an opportunity to acquire a low-maintenance, income-generating asset.
Postcode
WC1X 8LR
Address
Grays Inn Road, Bloomsbury, London
Accommodation
Residential - 2,835 SQ.FT.
Commercial - 1,906 SQ.FT.
TOTAL - 4,741 SQ.FT.
Price
£4,650,000 - STC
Tenure
Freehold.
On Your Doorstep
- Konditor - Catalyst
- Prufrock Coffee - Attendant Coffee
- Kitchen Theory
Commute
- Chancery Lane Underground
- Farringdon
- Holborn Underground
Tenancy Schedule
Included within brochure.
Brochures
46 Gray's Inn Road, Midtown, WC1X 8LR
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Chancery Lane Station0.1 miles
- Farringdon Station0.3 miles
- Holborn Station0.4 miles
Notes
Disclaimer - Property reference 334202-1. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by LDG, Commercial, London. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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