We are delighted to announce the acquisition of an investment property located at 63 Queen’s Grove, St John’s Wood, NW8.
St John Wood is a Central London district located in the City of Westminster. First developed by James Burton in the early 19th Century, it is one of the most affluent London suburbs and has a strong connection with cricket, being the home of the Marylebone Cricket Club, Middlesex County Cricket Club, and Lords Cricket Ground. It was amongst the first London suburbs built with lower density villa style houses and communal garden squares. This pattern of development has made St John’s Wood one of the most sought after and affluent Central London submarkets with higher residential rents than anywhere else in London.
It is also this pattern which makes St John’s Wood investments so popular within the investment market. We were delighted to have acquired the freehold for 63 Queen’s Grove on behalf of our private client. Queen’s Grove is located between Norfolk Road (B525) and the Finchley Road, two of St John’s Wood’s major thoroughfares. It is also a short walk away from St John’s Wood Underground Station and Primrose Hill, meaning that the subject investment property benefits from ample green space and excellent communications. The subject St John’s Wood property comprises of ground and lower ground floor office accommodation and three flats above which are let on ASTs. In addition, there is forecourt parking for two cars, with dedicated parking space being highly sought after in such a popular location.
“We were delighted to have completed on this acquisition on behalf of our private client. With the benefit of recurring income in one of the most expensive rental areas in London, we are confident that this purchase will complement the rest of our client’s portfolio. We would like to extend our thanks to Robin Lester of Metrus who acted for the vendor in this transaction and look forward to completing more transactions together in the future.” Stated Board Director Damien Field when asked to comment.
RIB’s Investment Team Complete on Sale of Finchley Road Property
The subject property comprises and A1 unit on the ground floor with ancillary basement space. It is located at 893 Finchley Road. The subject Finchley Road property is located on the Golders Green stretch of the road, in close proximity to Golders Green Station. It is located on West side of Finchley Road (A41), linking
Four Different Architectural Styles You Can Expect to Find in the West End
We love the range of properties in the West End and on World Architecture Day we look at some of the architectural styles which are common in the area. Art Deco: One of the most famous architectural styles, Art Deco first became popular in the early 20th Century reaching a zenith in the late 1920s
Hampstead Commercial Property for Sale by RIB’s Investment Team
We are delighted to have been instructed on the sale of a commercial property in the Frognal microlocation of Hampstead available with vacant possession. The subject Hampstead commercial property is located at Units 1 &2 Hampstead Gate, NW3 and comprises two recently refurbished interconnecting office buildings. The two buildings are capable of subdivision if a