Apartment building with commercial units on the ground floor.
Description
The property consists of 6 apartments, 4 commercial units on the ground floor and a basement.
There is also a warehouse unit, which is used as a car repair shop.
It is possible to increase the number of apartments to 16.
Type of ownership: Freehold.
The cost of the property is 7,000,000 £.
The absolute annual income is 392,752 £.
The current yield is 5.3%.
Tenants of the commercial units are the largest retail chain that has more than 1,200 supermarkets across the country and occupies 16% of the total food market in the UK, and a large auto center which has more than 40 branches throughout the country.
The WALT is 7.3 years.
The purchase tax is 1.8%
The brokerage fee is 2% + 20% VAT (in total 2.4%).
The property is located in a rich northern suburb with a population of over 300 thousand people in 17 km from London.
There are mainly represented retail networks, employment agencies in the district.
The area has developed transport links: buses, railway stations.
Distance to Heathrow Airport is 40 km.
