Three retail and leisure units on the ground floor.
Description
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.
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.
