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Cambridge Court, Edgware Road

Paddington, London, W2

ACQUIRED

£15m - £25m

Property Description

As Tuatara’s first ever transaction, we acted on behalf of a private client to acquire Cambridge Court, a prime freehold mixed-use building located on Edgware Road, directly opposite the underground station. The property comprised 12 retail units and 69 flats, and was fully let on acquisition, providing secure income alongside significant scope for long-term value enhancement.


Acquired from a distressed seller in a record timeframe, the opportunity offered multiple value-add strategies: increasing commercial rents through lease events or securing vacant possession of retail units, refurbishing all common areas and residential flats on ASTs, and benefiting from the inclusion of six brand new penthouses within the acquisition.


Key Highlights:

  • Tuatara’s first transaction

  • Acquired on behalf of a private client

  • Prime freehold mixed-use building on Edgware Road

  • Comprising 12 retail units and 69 residential flats

  • Fully let on acquisition

  • Purchased from a distressed seller in a record timeframe

  • Value-add strategies included:

    • Commercial rent uplift via lease events or securing vacant possession of retail units

    • Refurbishment of common areas and AST flats

    • Six brand new penthouses included in the acquisition

Property Details

Property Type

Mixed Use

Property Location

Cambridge Court, Edgware Road, London, UK

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