Shop on the ground floor of a three-story brick building.
The property consists of a shopping space of 219 m² and a basement of 138 m².
The shop is in good condition.
Type of ownership: Freehold.
The cost of the property is 1,100,000 £.
The absolute annual income is 70,000 £.
The current yield is 6.0%.
The tenant is the largest retail chain with more than 900 stores throughout the UK. The company sells products for beauty and health. The annual turnover of the company exceeds 1 billion euros.
The lease agreement is valid until 2027.
Acquisition tax is 6,0%.
The brokerage fee is 2% + 20% VAT (in total 2,4%).
The property is located in a densely populated suburb London with a population of more than 60 thousand people. The distance to the center of London is 10 km. A convenient transport network connects the area with other parts of the city.
There are such retail chains as Pizza Hut, the Money Shop, Santander, Sainsburys, British Red Cross, Barclays Bank, WH Smith and Boots nearby.