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
