Commercial space in the historic district of London, UK

Additional information is provided after the signing of an NDA

Commercial space in the historic district of London, UK

1,580,000 £
8,272 £ /m²
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  • Total area
    191 m²
  • Yield
    5.9 %
  • Rental rate (m²/month)
    40 £
Details
Property parameters
  • 1 floor
Financial performance
  • Annual income: 92,439 £
Tenants
  • Occupancy: 81 %
  • End of lease: 2023

Commercial space on the ground floor in London.

Description

The space occupies 191 m² and is located on the ground and basement floors of the building. There are large dispaly windows facing a busy street.

Ownership: Leashold (for 199 years).

Financial performance

The cost of the property is £ 1,700,000/ 1,888,000 €.

The absolute annual income is £ 99,500/,110,487 €.

The current yield is 5.9%.

Tenants

81% of the area is leased to the London real estate agency.

The lease agreement is valid until March 2023.

WAULT: 6.36 years.

Location

The property is located in the north of London, in the elite area of St. Johns Wood, close to all major infrastructural facilities.

St. Johns Wood is just 10 minutes from Oxford Street and is considered the most central ”suburb“ of London. This area is closely adjacent to one of London’s largest parks, Regent’s Park.

The price of real estate in the area averages £ 2 million.

London is the capital and largest city of the United Kingdom of Great Britain and Northern Ireland and the 3rd largest city in Europe. The population of the city is more than 8.6 million people.

London is the main political, economic and cultural center of the United Kingdom.

London belongs to the global cities of the highest rank and the world's leading financial centers. Its economy is 1/5 of the country's one.

The tourism industry employs more than 250 thousand people. Every year tourists leave in London more than 10 billion pounds.

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

More properties

If this property wasn’t for you, take a look at other offices for sale in the United Kingdom.

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Statistics in London

Price per m², £
12,031
Healthcare efficiency level
69
Index 69 from 100

The index reflects how respondents rank the overall level of healthcare quality, professionalism of medical staff, quality of equipment, cost of services, etc.

Safely rate
48
Index 48 from 100

When evaluating the crime level, Numbeo survey respondents (local residents) have shared their expectations of how safe would a lone walk in the part be for them during the day and night.

Real estate Price, £
Apartment in the city centre, m² 12,030.67
Apartment in a bedroom community, m² 6,816.76
Transport Price, £
Public transport, 1 ride 2.33
Monthly travel card 139.85
Taxi, 1 km 2.79
Petrol, 1 l 1.2
Food Price, £
Water, 1.5 l 0.85
Milk, 1 l 0.9
White bread, 500 g 1.03
Eggs, a dozen 1.9
Chicken fillet, 1 kg 5.79
Education Price, £
Kindergarten, per month 1,188.73
International school, per year 16,119.35
Health care index
Staff competence 67.36
Medical equipment 82.38
Research accuracy and completeness 67.4
Attitude towards patients 70.54
Security index
Crime rate 61.74
The risk of being robbed 53.97
The risk of car theft 49.78
The risk of break-in and property damage 57.75

The data is provided by numbeo.com and based on the answers of its users.
Tranio does not guarantee its reliability.

Show the entire statistics

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Anna Kurianovich
Anna Kurianovich
Investment consultant in London
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