Apartment building with retail units on the ground floor.
Description
The property consists of 8 apartments and 4 commercial premises, including a cafe, a dry cleaner and two offices with a total area of 394.2 m².
The building is in good condition.
Type of ownership: Freehold.
The cost of the property is 3,000,000 £.
The absolute annual income is 107,900 £.
The current yield is 3.6%.
Tenants of commercial premises are a network of cafes, recruitment agency, dry cleaning network.
The brokerage fee is 2% + 20% VAT (in total 2.4%).
The property is located in the center of the West End in London, which combines residential apartments and trendy retail spaces.
The region is developing rapidly due to investments of large trading companies.
There are shops, restaurants, a clinic, a sports hall not far from the building.
