Summary - 155 - 157 QUEENS CRESCENT LONDON NW5 4EA
1 bed 1 bath Commercial Property
**Standout Features:**
- Freehold commercial property with income-producing potential.
- Ground rents from six residential flats totaling £1,200 per annum, increasing every 25 years.
- Retail space generating a current passing rent of £30,000 per annum with a strong tenant in place until 2030.
- Prime corner location on bustling Queens Crescent, known for its vibrant market and diverse community amenities.
- Close proximity to key transport links and green spaces like Hampstead Heath and Parliament Hill.
**Property Summary:**
Explore the lucrative investment opportunity at 155-157 Queens Crescent, a freehold commercial property currently producing an annual income of £31,200. This substantial end-terrace building, set in the vibrant Kentish Town area, features a spacious open-plan retail unit flooded with natural light, including a kitchen and essential WCs. Above, six residential flats are let under 125-year leases, providing additional stability and growth potential.
Queens Crescent is alive with character, offering a mix of independent shops, cozy cafes, and one of London's oldest street markets, catering to both locals and visitors. The area boasts excellent transport links and is dotted with several parks, making it an attractive locale for future tenants and buyers.
While the property enjoys strong rental income, it's important to note that the lease term has roughly seven years remaining, which may pose financing challenges for potential buyers looking to secure traditional mortgages. However, the solid market presence and increasing rental income present an appealing opportunity for savvy investors looking to enrich their portfolios. Don't miss your chance to acquire this gem in a sought-after location!
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