Retail unit on the ground floor of the building.
Description
The store has a basement.
Type of ownership: Virtual Freehold (993 years remaining)
The cost of the property is 6,000,000 £.
Absolute annual income is 225,000 £.
The current net yield of 3.5%.
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.
The brokerage fee is 2%.
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.
