Acre House, Long Acre

Prime Retail Investment in Covent Garden

An exceptional opportunity to acquire a rare, unbroken retail and restaurant parade on Long Acre – one of Central London’s most established and prestigious shopping streets.

Highlights Include:

• Unrivalled 40m frontage in a high-footfall location, just 200m from Covent 

• Garden Piazza and minutes from the Underground & Elizabeth Line

• 5,557 sq ft NIA arranged over ground and lower ground floors

• Multi-let to four tenants, including Brompton Bicycle’s flagship store

• Passing rent: £367,000 pa (£186 ITZA vs £600+ ITZA prime)

• WAULT: 10.4 years to expiry / 7.2 years to breaks

• Leasehold: 999 years (from 2012), peppercorn ground rent

• Offers invited in excess of £7,250,000

• Net Initial Yield: 4.74% (assuming 6.8% costs)

• Capital Value: £1,305 psf