Three retail and leisure units on the ground floor.
Ownership: Leasehold (for 999 years at a peppercorn rent).
WAULT: 9.3 years to expiry (7.3 years to break).
The cost of the property is 1,752,000 £/1,902,400 €.
The absolute annual income is 126,500 £/137,359 €.
The current yield is 7.2%.
359 m² + basement of 315 m² — the unit is leased to a bar and a wine shop. The lease agreement is valid until September 2033.
292 m² — the unit is leased to a barber shop. The lease agreement is valid until September 2033.
2,060 m² — the unit is leased to a restaurant. The tenant has been here since 2001, the contract is valid until July 2026.
The property is located in the affluent south London suburb of Clapham, 3 miles south west of Central London. The area has good public transport connections, the property is located next to two metro stations. There are various shops, a mini market, cafes, bars and restaurants located nearby.
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