+44 20 3608 1267

REVERSIONARY LONG LEASEHOLD INVESTMENT FOR SALE

2,252,000 €
Submit request
Total area: 247 m² Yield: 4.0%
  • 1-floor building
  • Renter: 100%

Description

This excellent media style unit consists of a self-contained ground floor office with window frontage

onto Bowling Green Lane. It also benefits from 4 metre high ceilings.

AMENITIES

• Entryphone

• Perimeter Trunking

• Good Natural Light

• Kitchenette

• Two Showers

• WC’s

• Self-Contained

• High Ceilings (4 metres)

• Electric Shutter

TENURE

LLH (983 years) — The property is currently tenanted by Planit I. E Ltd until 28th February 2017 and PT Projects Ltd until 31st October 2017

Planit I. E Ltd

1st March 2014 to 28th February 2015 — £36,000 per annum

1st March 2015 to 29th February 2016 — £44,100 per annum

1st March 2016 to 28th February 2017 — £50,400 per annum

PT Projects Ltd

1st November 2014 to 31st October 2015 — £28,800 per annum

1st November 2015 to 31st October 2016 — £36,000 per annum

1st November 2016 to 31st October 2017 — £41,000 per annum

PRICE

Offers in excess of £1,900,000. A purchase at this level reflects a net initial yield of 4.01% (after allowing for standard purchasers costs of 5.8%), a capital value of £714 per sq ft and a reversionary yield of 5.63%, adopting our estimated rental value of £113,135 per annum (£42.50 per sq. ft).

Similar listings

We are looking for similar ads

Sergey Sharovatov
Sergey Sharovatov
Investment Consultant
+44 20 3608 1267
Free advice on real estate in London
By clicking «Submit request», you agree with the terms of Tranio's User Agreement.
Submit request
    Send one more request
    • 0% commission to Tranio
    • Residence permit support
    • Mortgage rates from 2%