Supermarket, London, United Kingd

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Supermarket, London, United Kingd

1,774,000 €
4,927 € /m²
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  • Total area
    360 m²
  • Yield
    5.6%
Details
Property parameters
  • 8-floor building
  • 1 floor
Financial performance
  • Annual income: 94,201 €
Tenants
  • Fully let
  • End of lease: 2024
Transaction costs
  • Broker: 2.0%

Supermarket on the ground floor of an eight-storey modern building.

Description

The supermarket consists of a retail space of 360 m² on the ground floor.

Type of ownership: Freehold.

Financial performance

The cost of the property is 1,500,000 £.

The absolute annual income is 83,908 £.

The current yield is 5.6%.

Tenants

The tenant is the largest retail chain, with more than 2,700 stores worldwide. The annual turnover of the company exceeds 100 billion euros.

The lease agreement is valid until 2024.

Transaction costs

The brokerage fee is 2% + 20% VAT (in total 2,4%).

Location and nearby infrastructure

The property is located in the densely populated residential area of East London. The district is close to the Mil End Stadium, Exell and London City Airport.

The district is served by public transport and main railway stations (Mile End, Limehouse, All Saints and Langdan Park).

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