Shop, London City, UK

Additional information is provided after the signing of an NDA

Shop, London City, UK

6,000,000 £
Send a request
Total area: 222 m² Yield: 3.5%
Send a request
Features
  • Operating Incomе: 250,761 €
  • Occupancy: 100%
  • Broker: 2.0%

Retail unit on the ground floor of the building.

Description

The store has a basement.

Type of ownership: Virtual Freehold (993 years remaining)

Financial performance

The cost of the property is 6,000,000 £.

Absolute annual income is 225,000 £.

The current net yield of 3.5%. 

Tenants

The tenant is an international trading network with more than 480 outlets worldwide. The annual turnover of the company exceeds 770 million pounds.

The lease agreement is valid for 15 years. Rent to be review after 5 and 10 years from the conclusion of the contract.

Transaction costs

The brokerage fee is 2%.

Location and nearby objects

The property is located in London City, which is one of the largest financial centers in the world. The London Stock Exchange, the English bank and offices of many international corporations are located here.

Trafalgar Square, parks, museums, a theater and a cinema are situated not far from the building.

More properties

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

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

Similar listings

We select ads that may interest you.

Enquire about this shop
Anna Kurianovich
Anna Kurianovich
Investment Consultant
+44 17 4822 0039
Send a request
    When you submit a request, you agree to our terms and conditions
    • Bank financing from 2% annually
    • Construction site audits
    • Management company services