Prime Fitzrovia investment close to Oxford Circus

Fitzrovia, London. 38-40 Eastcastle Street

Asking (STC) £4,240,000
Net Initial Yield 6.00%
WAULT 5.11 to expiry
  • Oxford Street is Europe's busiest high street
  • Two minute walk from Oxford Circus station, 120,000 passengers per day
  • Prime coffee and grab & go food destination adjoining leisure destination Market Place
  • Nearby tenants include Honest Burger, Tortilla, Ole & Steen, Pret A Manger and EL&N
  • Well configured modern retail units providing 5,418 sq ft
  • Rebased rental income of £264,998 per annum
  • WAULT of 5.11 to expiry
  • Two 999-year separate long leasehold from January 2012 at £1pa