- 27,285,000 €
- 4.7% yield
- London Supermarket 3,491,000 €
- Basic parameters
- Photo
№ 1,717,580
Supermarket 455 m² in London
3,491,000 €
7,672 € /m²
- Total area 455 m²
- Yield 4.5%
- Lease term 2032
- Constructed —
Key project parameters
- Total area
- 455 m²
- Floor
- 1
Project description
Retail space on the ground floor of the apartment building.
Description
The supermarket was opened in September 2017.
Ownership type: Virtual freehold.
Tenants
- Agreement
- Yes
- End of lease
- 2032
The anchor tenant is a network of British supermarkets, numbering more than 300 branches in the UK. The annual turnover of the company is more than 5 billion pounds sterling.
The lease agreement is valid through 2032 with 10 year Tenant Break Option. Rent is reviewed every 5 years according to the consumer price index.
Financial performance
- Yield
- 4.5%
The cost of the property is 2,950,000 £.
Absolute annual income is 132,500 £.
The current yield of 4.5%.
Transaction costs
The brokerage fee is 2%.
Location and nearby infrastructure
The property is located in the Finchley district, in northern London. The metro station is situated in a walking distance from the building. The Kings Cross Station can be reached in a 19-minute drive, the Tottenham Court Road — in a 22-minute drive and the nearest bank — in a 28-minute drive. There are several bus routes close to the supermarket, as well as the ring road leading to the motorway exit.
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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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Analysing the needs
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Developing a strategy
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Providing transaction support
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At the investor's request, we can arrange a remote purchase with the least possible visits to the country
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