Commercial building in London, UK

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Commercial building in London, UK

7,124,000 €
6,929 € /m²
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  • Total area
    1,028 m²
  • Yield
    5.15%
  • Built in 
    1840
Details
Property parameters
  • Number of parking lots: 5
  • 2-floor building
Tenants
  • Fully let
  • End of lease: 2034

Commercial premises in London.

Description

Historical building with a total area of 1,028 m²:

  • ground floor 970 m²
  • second floor 58 m²

Tenure: Freehold.

Financial performance

The net yield is 5.15%.

Tenants

The building is fully let. The tenant is a chain of private preschool childcare centers with 250 branches around the world.

The lease agreement is valid until 2034.

Location

The property is located in East Finchley. East Finchley is an affluent suburb of North West London, located within the London Borough of Barnet approximately 5 Miles (8 km) north west of Central London.

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.

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