Coffee shop and bakery, Portsmouth, UK

Additional information is provided after the signing of an NDA

Coffee shop and bakery, Portsmouth, UK

1,900,000 £
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Yield: 6.3%
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Features
  • Operating Incomе: 141,541 €
  • Occupancy: 100%
  • Broker: 3.0%

Commercial premises on the ground floor of the building.

Description

The property can be purchased on a forward commitment basis.

Construction will be completed in 11 months.

Financial performance

The cost of the property is 1,900,000 £.

Absolute annual income is 127,000 £.

The current net yield of 6.3%. 

Tenants

The tenants are:

The international coffee shop network, numbering more than 24 thousand outlets all over the world. The annual turnover of the company exceeds 12,400 billion pounds.

The lease agreement is valid for 20 years. The rent to be reviewed on each 5th anniversary of the term in an upwards only direction in line with RPI.

A large British bakery with more than 1,700 outlets. The annual turnover of the company is more than 890 million pounds.

The lease agreement is valid for 15 years. The rent to be reviewed every 5 years.

Transaction costs

The brokerage fee is 3%.

Location and nearby objects

The property is located in the city of Portsmouth in the southern part of England.

Statistics in Portsmouth

Price per m², £
3,184
Healthcare efficiency level
84
Crime rate
42
Real estate Price, £
Apartment in the city centre, m² 3,183.59
Apartment in a bedroom community, m² 2,235.01
Transport Price, £
Public transport, 1 ride 2.29
Monthly travel card 39.75
Taxi, 1 km 2.47
Petrol, 1 l 1.24
Food Price, £
Water, 1.5 l 1.17
Milk, 1 l 0.83
White bread, 500 g 0.93
Eggs, a dozen 1.85
Chicken fillet, 1 kg 5.67
Education Price, £
Kindergarten, per month 794.97
International school, per year 11,593.4
Health care index
Staff competence 81.25
Medical equipment 90.63
Research accuracy and completeness 90.63
Attitude towards patients 90.63
Security index
Crime rate 44.12
The risk of being robbed 33.82
The risk of car theft 46.88
The risk of break-in and property damage 57.35

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

Show the entire statistics

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Enquire about this restaurant
Julia Morozova
Julia Morozova
Senior Investment Consultant
+44 17 4822 0039
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