15 August, 2017
Hampstead retail parade purchase completes
DTZ Investors has completed on the acquisition of the freehold interest in 49-65 South End Road, Hampstead for £9.2m, reflecting a 4.1% net initial yield.
The property is situated opposite Hampstead Heath Overground Station, and is located within one of London’s most affluent and sought-after village locations. The asset comprises a retail parade of 10 units, totalling 13,225 sq ft, and let to 10 tenants; including Daunt Books, Topps Tiles and Shelter. The property is subject to a weighted average unexpired lease term of 7.2 years to expiry and 4.0 years to break.
The asset offers a number of asset management opportunities and benefits from diverse tenant demand. The acquisition increases the clients exposure to the Greater London market.
Springer Nicholas acted on behalf of DTZ Investors.
Latest News
15 January, 2025
UK
DTZ Investors Completes an A+ Refurbishment of Unit 2, Prince Mead Place in Trafford Park
16 December, 2024
UK
DTZ Investors Acquires Anchor Retail Park, Mile End
11 December, 2024
UK
National Award Recognises DTZ Investors Vision For Printworks
4 December, 2024
UK
Works start on site at DTZ Investors' 106,498 sq ft new build industrial warehouse at Unit B Railway Triangle, Portsmouth.
