Commercial center, London, United Kingdom

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Commercial center, London, United Kingdom

6,086,000 €
2,724 € /m²
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  • Total area
    2,234 m²
  • Yield
    6.6%
Details
Property parameters
  • Number of parking lots: 7
  • 2-floor building
Financial performance
  • Annual income: 389,388 €
Transaction costs
  • Broker: 2.0%

The building with retail units.

Description

The property consists of three self-contained units.

Type of tenure: freehold.

There is a parking for 7 cars in the territory of the commercial center.

Financial performance

The cost of the property 5,265,000 £.

Absolute annual income is 346,000 £.

The current yield of 6.6%.

Tenants

The tenants are: the hardware store Wilko, the Shoe zone, the dry cleaning Metro.

The WALT is 7.9 years.

Transaction costs

Brokerage fee is 2.0%.

Location and nearby infrastructure

The commercial center is located in New Malden on a busy shopping street. It is surrounded by restaurants, banks and shops. The public transport stops, a park and a sports hall are situated nearby.

New Malden is the south western suburb of London, located in the London district of Kingston-upon-Thames, in 21 km from the center of London.

  • Property on the map
    Location right down to the building, street or city
  • Other properties
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