Four retail units with a long term lease.
Description
The property consists of four retail units with an area of 191 m², 269 m², 123 м2 and 491 m².
The building was built between 2008 and 2016.
There is a parking in the territory of the property.
Type of ownership: Freehold.
The cost of the property is 2,214,000 £.
The absolute annual income is 165,165 £.
The current yield is 7%.
The projected annual income is 188,000 £.
The projected annual yield is 7.9%.
Tenants are:
- the recruitment network, which has more than 250 branches throughout the country
- a fitness service network
- a network of yoga centers
- a retail network of German equipment
The WALT is 8.7 years.
Acquisition tax is 5,8%.
The brokerage fee is 2% + 20% VAT (in total 2,4%).
The property is located in the commercial and administrative center of Berkshire in the south-east of England.
The city is recognized as one of the most prosperous cities in the UK, it houses the headquarters of such large companies as Verizon, Microsoft and PepsiCo.
The developed transport network connects the city with the main cities of England.
The distance to the airport is 45 km.
