A building with retail, office and residential premises.
Description
The commercial area is 563 m².
The residential area is 721 m².
Type of ownership: Freehold.
Financial performance
The cost of the facility is 7,380,000 £.
Absolute annual income is 315,000 £.
The current yield after costs of 4.0%.
Tenants
The anchor tenant is an large international real estate service provider registered on the London Stock Exchange. The company has more than 700 branches around the world, and its annual turnover exceeds 90 million pounds.
The lease agreement is valid for 15 years.
Transaction costs
The brokerage fee is 2%.
Location and nearby infrastructure
The property is located on a shopping street in the historic part of London. Public transport stops, parks, cafes, restaurants and a bank are situated close to the building.
