Coffee shop near the center of London

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Coffee shop near the center of London

6,300,000 £
17,260 £ /m²
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  • Total area
    365 m²
  • Yield
    3.9 %
  • Rental rate (m²/month)
    55 £
Details
Property parameters
  • 4-floor building
Financial performance
  • Annual income: 244,118 £
Tenants
  • Fully let
Features
  • Street retail

It is a coffee shop near the City of London.

Description

The total area of the historic four-story building with a basement is 345 m².

There is a coffee shop on the ground floor, a restaurant in the basement, three upper floors are occupied with office space.

Tenure: Freehold.

All areas are leased out the major tenant.

Redevelopment

Despite the fact that the offices are leased out, they are not used. It is a value add opportunity to refubrish them.

It is also possible to extend the upper three floors for more space.

Financial performance

Absolute income is 250,000 £.

The current yield of 3,9%.

Tenants

The tenantis Starbuckscoffee chain, founded in 1971.

The company operates more than 15,000 of stores in 50 countries. The turnover of the British branch of the company exceeds £ 400 million.

The lease agreement is signedfor 22 yearsuntil 2025.

Location and nearby infrastructure

The property is located a few kilometers away from the center of London, with numerous cafés, restaurants and boutiques in the neighborhood.

There are also museums, parks and other attractions in close proximity.

Bus stops and metro station are within the walking distance.

  • Property on the map
    Location right down to the building, street or city
  • Other properties
    Other offers nearby

More properties

If this property wasn’t for you, take a look at other restaurants for sale in the United Kingdom.

You can see more restaurants for sale in London elsewhere on our website.

Statistics in London

Price per m², £
12,263
Healthcare efficiency level
69
Index 69 from 100

The index reflects how respondents rank the overall level of healthcare quality, professionalism of medical staff, quality of equipment, cost of services, etc.

Safely rate
48
Index 48 from 100

When evaluating the crime level, Numbeo survey respondents (local residents) have shared their expectations of how safe would a lone walk in the part be for them during the day and night.

Real estate Price, £
Apartment in the city centre, m² 12,263.05
Apartment in a bedroom community, m² 6,948.42
Transport Price, £
Public transport, 1 ride 2.38
Monthly travel card 142.56
Taxi, 1 km 2.85
Petrol, 1 l 1.23
Food Price, £
Water, 1.5 l 0.87
Milk, 1 l 0.92
White bread, 500 g 1.05
Eggs, a dozen 1.94
Chicken fillet, 1 kg 5.9
Education Price, £
Kindergarten, per month 1,211.69
International school, per year 16,430.69
Health care index
Staff competence 67.36
Medical equipment 82.38
Research accuracy and completeness 67.4
Attitude towards patients 70.54
Security index
Crime rate 61.74
The risk of being robbed 53.97
The risk of car theft 49.78
The risk of break-in and property damage 57.75

The data is provided by numbeo.com and based on the answers of its users.
Tranio does not guarantee its reliability.

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