Store with long-term lease agreement, London, UK

Additional information is provided after the signing of an NDA

Store with long-term lease agreement, London, UK

3,180,000 €
46,086 € /m²
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  • Total area
    69 m²
  • Yield
    4.5%
Details
Property parameters
  • 1 floor
Financial performance
  • Annual income: 143,000 €
Tenants
  • Fully let
  • End of lease: 2027

Commercial space in prime location in London.

Description

The space is located on the ground floor and has an area of 69 m².

Tenure: Freehold.

Tenants

The tenant is one of the largest mobile operators in the UK with more than 500 stores.

The lease agreement was signed in October 2017 for 10 years.

Location and nearby infrastructure

The property is located in London, on one of the most popular shopping streets in the Richmond area. There are well-known chain clothing stores, supermarkets, cafes and restaurants nearby. The metro station is within walking distance.

Richmond upon Thames is one of London’s most affluent boroughs, located approximately 15 km of Central London. Richmond upon Thames is a popular tourist destination with nearby attractions including Hampton Court Palace, The Royal Botanic Gardens of Kew and Twickenham. Richmond Park is London’s largest park with 2,500 acres of hills, woodlands and grassland with views as far as St Paul’s Cathedral.

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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