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      Who we are/ Our Teams/ Capital Markets/ Completed Transactions/ Muswell Hill Broadway, London, N10

      Disposal of a restaurant investment

      87 Muswell Hill Broadway, Muswell Hill, London, N10

      Client
      Private property company

      Price
      £4,375,000

      Net yield
      4.56%

      Situated on Muswell Hill’s main thoroughfare, this Grade II, former church has been arranged as a restaurant, providing 7,946 sq ft across the ground and mezzanine floors.

      Entirely let to Mitchells & Butlers Retail Ltd trading under one of their Miller & Carter brands, ‘The Steakhouse’.

      Let until March 2032 at a topped up rent of £212,692 pa, it is subject to a further review in 2027 based on 3.5% compounded annually.

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