£7.250.000
Confirmation
Unbroken parade of 4 retail and restaurant units
London, United Kingdom
Retail
#37947
Core+
11 May 2026
Property Details
Broker
For sale
5,557 sq.ft.
516 m²Leasable area
1,304 £/sq.ft.
14,050 £/m²4.74 %
4
Leasehold
986
Fees
Investment Overview
Unbroken parade of 4 retail and restaurant units. Prominently located on Long Acre in the heart of Covent Garden, one of Central London’s most established retail destinations attracting visitors from around the world. Exceptionally rare 40-metre frontage on one of London’s busiest and most prestigious shopping streets. Highly desirable and sought after retail pitch with constant occupier demand, just 200 metres from the world-famous Covent Garden Piazza. Exceptionally well connected, less than 2 minutes from Covent Garden underground station and a short walk to the Elizabeth Line at Tottenham Court Road. Comprising 5,557 sq ft NIA arranged over ground and lower ground floors. Multi-let to 4 tenants including Brompton Bicycle’s flagship store. Total passing rent of £367,000 pa, reflecting just £186 ITZA, a significant discount to prime Long Acre rents of over £600 ITZA. WAULT of 10 years to expiries and 6.8 years to breaks. Held on a 999-year long leasehold subject to a peppercorn ground rent.
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