Shop, London, UK

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Shop, London, UK

3,000,000 £
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Yield: 4.2% Built in 2018
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Features
  • Operating Incomе: 138,948 €
  • Occupancy: 100%
  • Broker: 2.0%

A store under construction with a long-term lease agreement.

Description

Price options 2,750,000 £ but forward fund in three stage payments or 3,000,000 £ forward commit which mean to pay between 5 – 10% now and the rest on completion.

Financial performance

The cost of the property is 3,000,000 £.

Absolute annual income is 125,000 £.

The current yield of 4.2%. 

Tenants

The tenant is an international chain of clothing stores with more than 880 outlets all over the world. The annual turnover of the company exceeds 9,000 billion pounds.

Lease agreement is valid for 20 years and provides 3 month rent free period. Rent is reviewed every 5 years according to the consumer price index.

Transaction costs

The brokerage fee is 2%.

Location and nearby objects

The property is located in the Finchley district, in northern London. There are are many attractions here: the Church of St. Mary of XIII century, Avenue House, built in 1859 and representing an ancient Victorian building, ”College Farm“ — the last dairy farm in Finchley, the center of Judaism, located in the old manor.

Statistics in London

Price per m², £
13,496
Healthcare efficiency level
68
Crime rate
52
Real estate Price, £
Apartment in the city centre, m² 13,496.6
Apartment in a bedroom community, m² 7,013.43
Transport Price, £
Public transport, 1 ride 2.49
Monthly travel card 140.77
Taxi, 1 km 2.98
Petrol, 1 l 1.29
Food Price, £
Water, 1.5 l 0.96
Milk, 1 l 0.91
White bread, 500 g 1.09
Eggs, a dozen 2.09
Chicken fillet, 1 kg 6.54
Education Price, £
Kindergarten, per month 1,247.98
International school, per year 16,666.59
Health care index
Staff competence 66.52
Medical equipment 82.08
Research accuracy and completeness 66.63
Attitude towards patients 69.82
Security index
Crime rate 61.55
The risk of being robbed 53.81
The risk of car theft 49.6
The risk of break-in and property damage 57.77

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 shop
Anna Kurianovich
Anna Kurianovich
Investment Consultant
+44 17 4822 0039
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