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O2 Centre, Finchley Road, London, NW3

London - M25

dba284

Tenure: Long leasehold
Tenancy: Multi Let

Investment summary

•Iconic landmark shopping and leisure centre with prominent retail frontage to Finchley Road. Close to Finchley Road Underground Station.

•Situated between the affluent North London villages of Hampstead, West Hampstead and St John’s Wood, three miles from Central London.

•Total accommodation of 294,287 sq ft arranged over three levels, 42,635 sq ft separate Homebase store and adjoining garden centre, and 518 space car park.

•Anchor tenants include an 81,325 sq ft Sainsbury’s supermarket and 41,636 sq ft eight screen Vue Cinema. Other major tenants include Esporta Health Club, Habitat, Waterstones, Walkabout and JD Wetherspoon in addition to multiple restaurants.

•250 year long leasehold from 1993.

•Multi let on 35 separate leases and licenses with an operating agreement for the collection of mall income.

•Total contracted rent of £7,985,907 per annum.