Clifton Hill, St John's Wood

FOR SALE
Mixed-Use Freehold Investment
A rare opportunity to acquire a prime mixed-use freehold investment in the heart of St John’s Wood, comprising a fully let public house and restaurant together with two self-contained residential apartments. The property offers a diversified and attractive income stream from both commercial and residential occupiers, providing a strong reversionary investment opportunity in one of North West London's most sought-after locations. Situated within the desirable St John's Wood Conservation Area, the asset benefits from excellent transport links, strong occupational demand and proximity to a wide range of amenities, including Regent's Park, Lord's Cricket Ground and the boutiques, cafés and restaurants of St John's Wood and Maida Vale. The combination of secure income, residential reversion and prime London location makes this an appealing investment opportunity for private investors, family offices and property companies alike.

The commercial property consists of an upmarket and well-established GASTRO pub restaurant:
Which is currently let at £106,125 per annum, with approximately 10 years remaining on the lease term until 2036 and the lease benefits from an upcoming rent review in 2031, providing future rental growth potential with the tenant providing a deposit of £70,750, which is held by the landlord as security.
The residential accommodation consists of two self-contained flats:
Flat 1: 3 bedroom / 3 bathroom. Currently let on an APT (£4,766.67 per calendar month, equivalent to £57,200 per annum)
Flat 2: 3 bedroom / 3 bathroom. Currently let on an APT (£3,900.00 per calendar month, equivalent to £46,800 per annum)
The combined rental income from both flats is £8,666.67 per calendar month, generating a total annual rental income of £104,000.
The entire property producing a gross annual rental income of £210,125 per annum, derived from both commercial and residential income producing.
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £9,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.