The restaurant on the ground floor of the residential complex.
Description
The total area of the property is 168 m².
The tenant has installed a mezzanine floor at their own cost.
Financial performance
The cost of the property 1,700,000 £.
Absolute annual income is 80,070 £.
The current yield of 4.7%.
Tenants
The tenant is the pizzeria.
The lease agreement is signed 03.02.2017 for 25 years.
Transaction costs
Brokerage fee is 3.0%.
Location and nearby infrastructure
The property is located in a walking distance from London City. A cinema, an art gallery, a sports hall, shops and a park are situated n the immediate vicinity of the restaurant
Westminster University, London University of Art, King's College and Imperial College London are located nearby.
The nearest metro stations can be reached in a few-minute walk.
