174 Finchley Road, Hampstead, LondonPosted on February 10, 2018
In February 2018 Clay Street acquired this prime retail and residential investment in North West London on behalf of a private investor.
- Total area of 2,599 sq ft over ground and three upper floors.
- Ground floor retail let on a 15 year lease from 2006 paying £15,000 p.a.
- Four one bedroom flats on the upper parts let on AST’s, producing £63,736 p.a.
- Total income of £78,736 p.a.
The asset was acquired from a private client of Finn & Co for £1,550,000 reflecting a capital value of £596 psf.