105-109 Oxford Street, London W1

105-109 Oxford Street, London W1

  • Cyril Leonard advised a private syndicate on the acquisition of 105-109 Oxford Street for £18.5m.
  • The property last changed hands in 2015, when DTZ Investors sold it for £42.5m to Thor Equities.
  • At the time, the net initial yield was just 2.5%, whereas the latest deal reflects a yield of around 6%.
  • Let to Tiger Tiger and Harmony, the shops currently provide a rental income of £1.075m. This is down from £1.28m when Thor bought the property as the rents were rebased during the pandemic.
  • The property is located on the eastern side of Oxford Street, which has benefited from various new developments as well as the opening of the Elizabeth Line. This has helped spur increased demand from retailers, which have also been attracted by lower rents and business rates.

 

Location: London W1
Type:
Retail
Residential
Value: £18,500,000

Similar Case Studies

One Palace Green, Kensington Palace Gardens, London W8

London W8 4QA

Size: 17,000 sq ft
Value: £45,000,000

Prestigious St James’s Square Office Purchased for New Embassy

London SW1Y 4JR

Size: 8,364 sq ft
Value: £14,200,000

55-56 Poland Street, London W1

London

Size: 9,358 sq ft
Value: £11,250,000
Cyril Leonard

Collaborative. Property. Expertise