462-470 Brixton Road & 2-10 Tunstall Road, Brixton, SW9 PRIME LONDON MIXED USE INVESTMENT WITH DEVELOPMENT POTENTIAL 462-470 BrixTon roAd & 2-10 Tunstall roAd, BrixTon, SW9 2 Prime London mixed uSe inveSTmenT WiTh deveLoPmenT PoTenTiAL INVESTMENT SUMMARY · The property is situated a prime retail trading position directly opposite Brixton tube station in the London Borough of Lambeth. · Freehold asset comprising six retail units, a college at first floor with seven residential units above. The buildings connect to form an ‘L’ shaped development fronting Brixton Road and the return on Tunstall Road. · Total retail accommodation of 13,492 sq ft, office/educational of 3,408 sq ft; together with a service yard to the rear the site extends to 0.43 acre. · The property is 100% let and produces £661,150 p.a. with 76% secured against the recently renewed The Body Shop and Poundland. · Potential to develop above the rear service yard, design options considered in detail by architects, 3DReid. · Leases structured to create the opportunity to gain vacant possession to enable development in the short to medium term. · We are inviting offers in excess of £12,300,000 subject to contract for the freehold interest. A purchase at this level reflects a Net Initial Yield of 5.0% after purchasers cost of 6.71%. 462-470 BrixTon roAd & 2-10 Tunstall roAd, BrixTon, SW9 3 Prime London mixed uSe inveSTmenT WiTh deveLoPmenT PoTenTiAL LOCATION S T Brixton is a busy thriving community located in the London Borough D OC RD A WELL PK O of Lambeth approximately 3 miles south of Central London. K K OC R D ST E R A W I L YE EL H The vibrant mix of cultures and diverse range of retail and leisure S LL L T L I RO R W uses in and around central Brixton make for one of London’s O A A AD most exciting and desirable locations to live and work. D A ROAD 20 GRESHAM During the last 10 years substantial regeneration has 3 AD O R transformed the area which now offers a wide range of D IEL independent, diverse places to shop, eat, and enjoy the thriving LLEF PULROSS ROAD BE E live music and culture scene. B FERNDALE RD B C D G F H AT D LA I A N BRIXTON T O I KEY C RO BRIXTON A D K ON R Brixton Academy T X J The department Store E BRI N LA Conova hall IGTON TERRACE L M TM Maxx BR LD HARBOUR O C Sainsbury’s Local A S TL OM M&S ANTIC ROAD N ER LE Brixton Recreation Centre YT E LANE ON R POP Brixton CR SALTOUN ROAD A O A A23 D Morleys E FFR Brixton Market ILL H A Brixton village market ON RO H&m IXT A D RA Premier Inn B BR T AYTR E T EE R R O A2 A Ritzy Cinema AD Y R 04 O A D 462-470 BrixTon roAd & 2-10 Tunstall roAd, BrixTon, SW9 4 Prime London mixed uSe inveSTmenT WiTh deveLoPmenT PoTenTiAL HYDE PARK VICTORIA VAUXHALL THE OVAL CITY OF LONDON CANARY WHARF BLUESTAR HOUSE INTERNATIONAL HOUSE THE DEPARTMENT STORE POP BRIXTON BRIXTON RAIL STATION SUBJECT PROPERTY MORLEYS BRIXTON TUBE BRIXTON MARKET BRIXTON VILLAGE 462-470 BrixTon roAd & 2-10 Tunstall roAd, BrixTon, SW9 5 Prime London mixed uSe inveSTmenT WiTh deveLoPmenT PoTenTiAL National Rail Willesden Watford Willesden Junction CONNECTIVITY London Overground West Ruislip Uxbridge Junction Junction Webmley Central Uxbridge Wembley Park Victoria Line Brixton Station is the most southerly station for the victoria line, Paddington Marylebone one of the fastest lines on the undergroundDistrict network Line reaching King’s Cross central London in less than 20 minutes.Piccadilly Brixton Line Station also Farringdon runs on the overground network with South-eastern services Edgware Liverpool Street Hammersmith and City Line Road Baker towards London victoria (9 minutes) and orpington (30 minutes). Euston Circle Line Street Additionally, Brixton is serviced by a multitude of different Crossrail (Under Construction) Bond London bus routes to the West End. Shepherd’s Street Slough Bush Bank Several major roads run through central Brixton, the A203, A20 Liverpool Street Ealing Broadway West North Oxford Circus and A2217 links Brixton to vauxhall bridge and the A23 (Brixton Acton Acton road) London to Brighton road is the main north to south Acton Shepherd’s Green Park Central Bush Market High Street thoroughfare. Ealing Common Kensington King’s Cross Kensington Piccadilly South Olympia Circus Knightsbridge Acton Acton UNDERGROUND NATIONAL RAIL South Ealing Town Hammersmith Blackfriars vauxhall 4 mins herne hill 2 mins Northfields Tower Hill Chiswick Turnham Ravenscourt West Earl’s South Victoria Westminster victoria 7 mins victoria 7 mins Park Green Park Kensington Court Kensington Green Park 9 mins Beckenham Junction 14 mins Heathrow West Terminals Brompton Oxford Circus 11 mins Clapham Junction 18 mins Fulham River Thames Kew Gunnersbury Broadway London Bridge 13 mins Wimbledon 26 mins Bridge Euston 14 mins Gatwick Airport 41 mins Chiswick Canary Brentford Bank (dLr) 15 mins Vauxhall Waterloo Wharf King’s Cross 16 mins Staines Kew Gardens TWO WHEELS Windsor Ascot Barnes Bond Street (Crossrail) 17 mins Bridge Lambeth North victoria 20 mins Reading Thames North Canary Wharf 24 mins Battersea Park 20 mins River Sheen Barnes Stockwell Elephant & Castle heathrow Airport 46 mins London Bridge 22 mins Richmond Mortlake Wandsworth Town Clapham St. Margarets National Rail Juction BRIXTON Borough Market 23 mins Willesden Watford Willesden Junction London Overground West Ruislip Uxbridge Junction Junction Webmley Central Uxbridge Wembley Park City of London 24 mins Victoria Line Wimbledon Park hyde Park 24 mins Paddington District Line Wimbledon Marylebone Beckenham Junction Covent Garden 25 mins King’s Cross National Rail Piccadilly Line Orpington Farringdon Willesden Watford Willesden Junction Sevenoaks Edgware Liverpool Street London Overground Hammersmith and City Line West Ruislip Uxbridge Junction Junction Webmley Central Uxbridge Wembley Park Road Baker Guildford Street Euston Victoria Line Circle Line Dorking Paddington Marylebone District Line Crossrail (Under Construction) Bond Shepherd’s King’s StreetCross Piccadilly Line Slough Bush Bank Farringdon Liverpool Street Edgware Liverpool Street Hammersmith and City Line West North Oxford Circus Ealing Broadway Road Baker Acton Acton Street Euston Circle Line Acton Shepherd’s Green Park Central Bush Market High Street Crossrail (Under Construction) Bond King’s Cross Ealing Common Kensington Piccadilly Shepherd’s Kensington Street Slough SouthBush Olympia Bank Circus Knightsbridge Acton Liverpool Street West North Acton Oxford Circus Ealing Broadway South Ealing Hammersmith Acton Acton Town Blackfriars Acton Shepherd’s Northfields Green Park Bush Market Tower Hill Central Chiswick Turnham RavenscourtHigh Street West South King’s CrossWestminster Ealing Common Kensington Earl’s Piccadilly Victoria Park KensingtonGreen Park Kensington Court Kensington South Olympia Circus Knightsbridge ActonHeathrow West Acton Terminals Brompton South Ealing Town Hammersmith Fulham River Thames Gunnersbury Blackfriars Northfields Kew Broadway Tower Hill Chiswick Turnham RavenscourtBridge West Earl’s South Victoria Westminster Park Green Park Kensington Kensington ChiswickCourt Canary Brentford Vauxhall Heathrow West Waterloo Wharf Terminals Brompton Staines Kew Gardens Windsor Fulham River Thames Barnes Kew AscotGunnersbury Broadway Bridge Lambeth North Bridge Reading Thames North Chiswick River Sheen Barnes Stockwell Elephant & Castle Brentford Canary Vauxhall Waterloo Wharf Richmond Mortlake Wandsworth Clapham Staines Kew GardensSt. Margarets Town Windsor Juction Ascot Barnes BRIXTON Bridge Lambeth North Reading Thames North Wimbledon Park River Sheen Barnes WimbledonStockwell Elephant & Castle Beckenham Junction Richmond Mortlake Wandsworth Orpington Town Clapham St. Margarets Juction Sevenoaks Guildford BRIXTON Dorking Wimbledon Park Wimbledon Beckenham Junction Orpington Sevenoaks Guildford Dorking 462-470 BrixTon roAd & 2-10 Tunstall roAd, BrixTon, SW9 6 Prime London mixed uSe inveSTmenT WiTh deveLoPmenT PoTenTiAL SMALL WORLD MONEY TRANSFER SITUATION The property lies in a highly prominent, 100% prime retail trading position directly opposite Brixton Underground station. This pitch VACANT gains maximum exposure to passing footfall due to the proximity MONEY to the station as well as the pelican crossing that leads to the TRANSFER SHOP pedestrianised Tunstall Road that boarders the site to the south. VACANT VAPE CBD LONDON VACANT VACANT SAMS MOROCCAN CENTRE CAFE OTHER SIDE FRIED MAX’S CAFE BEAUTIFUL BOOKS VACANT CARPHONE WAREHOUSE LADIES CLOTHING WOW VACANT TUNSTALL ROAD VACANT AM LUGGAGE & FURNITURE & LUGGAGE AM VACANT 50 metres AD RO ONE A11 A40 YLEB LIVERPOOL MAR 40 A Y STREET COMMERCIAL STREET W ST W A E PADDINGTON EDGWARE ROAD FITZROVIA BARBICAN WHITE CHAPEL ROAD 462-470 BrixTon roAd & 2-10 Tunstall roAd, BrixTon, SW9 7 Prime London mixed uSe inveSTmenT WiTh deveLoPmenT PoTenTiAL SOHO WHITECHAPEL BAYSWATER TEMPLE WHITE CITY COVENT PARK LANE GARDEN MAYFAIR CANNON STREET THE HIGHWAY ACTON CHARING CROSS CITY OF Kensington Gardens LONDON Hyde Park DEMOGRAPHICS River T SHEPHERD’S hames BUSH CANARY WHARF Green Park WATERLOO TOWER BRIDGE E G BRID The demographics of Brixton reflect a vibrant, urban population IGHTS KN St James's Park GROSVENOR PLACE Buckingham KENSINGTON LONDON BRIDGE Palace with a high proportion of young working age people and a strong KNIGHTSBRIDGE H WESTMINSTER O L SOUTHWARK L D A A N O D R multicultural sense of community. It is one of the most densely R E 0 A G D BROMPTON ROAD ID R ISLE OF DOGS B R CROMWELL ROAD E populated places in the country, with over 100 people living in NEW KENT ROAD W VAUXHALL BRIDGE ROAD TO BELGRAVIA VICTORIA each hectare, more than twice the London population density. MILL BANK LAMBETH HAMMERSMITH The health and beauty conscious young workforce are A4 OLD KENT ROAD accustomed to the wide range of lifestyle retailers and gourmet WARWICK ROAD FULHAM ROAD CHISWELL CHELSEA PIMLICO KENNINGTON LANE AD G R RO ROSVENO food options.