№ 1,725,857

Restaurant 168 m² in London

2,012,000 €
11,976 € /m²
  • Total area 168 m²
  • Yield 4.7%
  • Lease term 2042
  • Constructed —
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Daria Krestova
Daria Krestova
Investment consultant in London
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    Key project parameters
    Total area
    168 m²
    Floor
    1
    Project description

    The restaurant on the ground floor of the residential complex.

    Description

    The total area of the property is 168 m².

    The tenant has installed a mezzanine floor at their own cost.

    Tenants
    Agreement
    Yes
    End of lease
    2042

    The tenant is the pizzeria.

    The lease agreement is signed 03.02.2017 for 25 years.

    Financial performance
    Yield
    4.7%

    The cost of the property 1,700,000 £.

    Absolute annual income is 80,070 £.

    The current yield of 4.7%.

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    Transaction costs

    Brokerage fee is 3.0%.

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    Location and nearby infrastructure

    The property is located in a walking distance from London City. A cinema, an art gallery, a sports hall, shops and a park are situated n the immediate vicinity of the restaurant

    Westminster University, London University of Art, King's College and Imperial College London are located nearby.

    The nearest metro stations can be reached in a few-minute walk.

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    annual yield
    From 15-17%
    investment exit horizon
    2–3 years
    full support at every stage
    Turnkey deal
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      Head of Commercial Property Department
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