+44 20 3608 1267

Supermarket in London with a 6,5% yield

1,760,000 €
Submit request
Total area: 661 m² Yield: 6.5%
  • Absolute return: 130,032 €
  • Land area: 1,060 m²
  • 2-floor building
  • Number of parking lots: 5
  • Total premises: 5

It is a mixed-use commercial property investment in Dagenham, London.

Description

The total area of a two-storey mock Tudor building is 661 m².

The plot of 1,060 m².

The ground floor is occupied with commercial premises, the first floor accomodates 3 apartments: two 2 bedroom and one 1 bedroom lateral flats. The apartments have separate exit.

There is a parking for 5 cars in front of the building.

Tenure: Freehold.

Financial performance

Absolute income is 103,200 £.

The current yield of 6,5%.

Tenants

The anchor tenant is Tesco, grocery chain with nearly a century of history.

Tesco owns more than 7,000 supermarkets around the world, 3,500 of them are in the UK. The company's annual revenue exceeds £2 billion.

The lease agreement was signed in 2012 for 20 years, non-terminable for 10 years.

The second tenant of commercial premises is a Loans 2go.

The lease agreement was signed in 2012 for 5 years.

Location

Dagenham lies within the London Borough of Barking & Dagenham, located approximately 19km to the east of the City of London.

The property is located on a retail street in the neighborhood with the bank, gym, auto-center and large residential development.

Public transport and the metro are in minute vicinity from the area.

Similar listings

We are looking for similar ads

Julia Morozova
Julia Morozova
Senior Investment Consultant
+44 20 3608 1267
Free advice on real estate in Dagenham
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%