Drury Lane, Covent Garden, WC2B - £2,900,000
The Stamp Duty for this property would be £246,750 (Show break down) (Hide break down)
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Located on one of central London's most popular streets, Drury Lane. This is an spectacular investment property situated in a Victorian building in Covent Garden.
The famous Drury Lane is positioned just east of the Covent Garden Piazza where there is a superb selection of restaurants, bars, cafes and designer shops. This exciting area is also home to some of the best theatres in the world, 10 minutes from the River Thames and 320 meters from Covent Garden (Piccadilly Line) and 480m from Holborn (Central Line) underground stations it is ideally placed for transport links to the City and outside of London.
This freehold property consist of three one bedroom flats situated over the 1st, 2nd and 3rd floor, (which are currently tenanted by a mixture of students and professionals) a commercial A3 retail unit situated on the ground and lower ground floor which is currently operating as an Indian restaurant.
The flats are very easily rented as it is centrally located, the rental income that can be achieved on each flat is between £350 to £420 a week and the restaurant below accumulates a rental income of £50,000 per annum.
This is an excellent investment opportunity, for further information or to arrange a viewing please do get in contact with us
Descriptions of the property are subjective and are used in good faith as an opinion and NOT as a statement of fact. Please make further specific enquires to ensure that our descriptions are likely to match any expectations you may have of the property. We have not tested any services, systems or appliances at this property. We strongly recommend that all the information we provide be verified by you on inspection, and by your Surveyor and Conveyancer.