Commercial space, London, UK

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Commercial space, London, UK

1,750,000 £
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Total area: 160 m² Yield: 4.6%
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Features
  • Operating Incomе: 92,776 €
  • End of lease: 2028

Commercial premises and apartment in the same building.

Description

There are two commercial premises on the ground and the first floors of the building, and there is an apartment on the second floor.

There is a possibility to convert the first floor into a residential one and extend the second floor.

Financial performance

The cost of the property is £ 1,750,000.

The absolute annual income is £ 81,100.

The current yield is 4.6%.

Tenants

An anchor tenant is a network of cafes, numbering about 250 branches around the world.

In February 2018, a new lease was concluded for 10 years.

Another tenant is a wedding shop, which breaks rental in October 2018.

Location and nearby objects

The property is located in one of the most elite areas of London — Wimbledon, in a walking distance from public transport.

There is a park, a cinema, a school and a museum nearby.

London City is 15 km away.

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Anna Kurianovich
Anna Kurianovich
Investment Consultant
+44 20 3608 1267
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