Shop with a well-known retail chain tenant, London, England

Additional information is provided after the signing of an NDA

Shop with a well-known retail chain tenant, London, England

2,228,000 £
9,521 £ /m²
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  • Total area
    234 m²
  • Yield
    4.5 %
  • Rental rate (m²/month)
    35 £
Details
Property parameters
  • 1 floor
Financial performance
  • Annual income: 100,505 £
Tenants
  • Fully let
  • End of lease: 2029

Commercial space on the ground floor.

Description

Shop with a well-known retail chain tenant located on a busy street in London.

Given the property currently benefits from planning permission for reddevelopment, the opportunity exists to redevelop in a gentrifying location at the end of the current lease.

Ownership: Freehold.

Financial performance

The cost of the property is 2,400,000 £/2,665,000 €.

The absolute annual income is 108,240 £/120,192 €.

The current yield is 4.5%.

Tenants

The tenant is a well-known retail chain in beauty and health area in the UK and other countries.

The tenant occupies the space for 25 years, a new lease agreement is valid for 10 years.

Location

The property is located in Hackney Central, one of the most densely populated areas of London. This area is located about 6 km north-east of central London and is served by 17 bus routes. London City Airport is about 10 km from Hackney Central.

There are two metro stations, various shops, cafes and restaurants located near the property.

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 retail space for sale in the United Kingdom.

You can see more retail space for sale in London elsewhere on our website.

Statistics in London

Price per m², £
12,025
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 12,024.21
Apartment in a bedroom community, m² 6,813.09
Transport Price, £
Public transport, 1 ride 2.33
Monthly travel card 139.78
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 1,188.09
International school, per year 16,110.68
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.

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