Coningham Arms 191 Uxbridge Rd 3,603 SF Retail Building London W12 9RA £1,350,000 (£374.69/SF) 6.64% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Freehold public house investment
- Current rent of £95,062 per annum
- Business unaffected by sale
EXECUTIVE SUMMARY
The entire property is let to a private individual on a 30 year lease from 3 December 2001 at a current rent of £95,062 per annum which is subject to annual uncapped RPI increases. A rent deposit of £22,549 is held by the landlord.
We are instructed to invite offers in excess of £1,350,000 (6.64% NIY)
We are instructed to invite offers in excess of £1,350,000 (6.64% NIY)
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
3,603 SF
Building Class
B
Year Built
1906
Price
£1,350,000
Price Per SF
£374.69
Net Initial Yield
6.64%
NOI
£89,640
Tenancy
Single
Number of Floors
5
Frontage
34 ft on Uxbridge Rd
AMENITIES
- Security System
- Storage Space
1 of 1
NEARBY MAJOR RETAILERS
