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MyWinkworth

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Craven Terrace, Bayswater, London, W2

Commercial Property in Bayswater

£1,100,000

  • STUNNING GRADE II LISTED MIXED USE BUILDING IN THE HEART OF BAYSWATER, W2.
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Craven Terrace, Bayswater, London, W2
Craven Terrace, Bayswater, London, W2 Price: £1,100,000

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STUNNING GRADE II LISTED MIXED USE BUILDING IN THE HEART OF BAYSWATER, W2.

This impressive MIXED USE property is arranged as VACANT Commercial spaces and FULLY LET Residential flats with an ERV of £59,000 per annum. The property comprises the ground and lower ground floors of a Grade II listed building, which is arranged as an open plan retail area on the ground floor, with large office / storage space to the lower ground floor. The upper parts are converted as four self-contained apartments with flats 2 and 3 retained by the Landlord and flats 1 (1st floor) and 4 (3rd & 4th floor) sold off on long leases. The retail premises, flat 2 and flat 3 are generally in good order, with the lower ground floor in shell and core condition.

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The building is situated on the westerly side of Craven Terrace close to the junction with Craven Road. Other local businesses include, The Craven Hotel, Oxford Hotel, Taormina, The Village Paddington, Moores Pharmacy, Chelsea Deli, Pristine Dry Cleaners and La Meena Café. Public transport is available from Lancaster Gate (Central line) and Paddington Station (National Rail, Bakerloo, Circle, District and Hammersmith & City lines).

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