190-192 Westbourne Grove, Notting Hill

190-192 Westbourne Grove
London, W11 2RH

Cyril Leonard advised International Caledonian Assets Limited on the sale of this prime retail investment to JSRE Acquisitions for a price of £8.95m. The property comprises two retail units both let to Jigsaw, with a combined passing rental of £320,000 pa. The price equates to a Net Initial Yield of circa 3.40%. Cyril Leonard advised ICA Holdings on the purchase two years previously and then again on the sale resulting in a significant profit on cost for the client of close to 40%.

Location: London
Value: £8.95m
Acquisition & Disposal
Property Management

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