199 New Kings Rd 1,104 SF Retail Building London SW6 4SR £540,000 (£489.13/SF) 5.75% Net Initial Yield
EXECUTIVE SUMMARY
The virtual freehold of retail space is for sale for offers in excess of £540,000. A purchase at this level reflects an attractive Net Initial Yield of 5.75%, assuming purchasers' costs of 6.70%.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold/Long Leasehold
Property Subtype
Storefront Retail/Residential
Building Size
1,104 SF
Building Class
B
Year Built
1882
Price
£540,000
Price Per SF
£489.13
Net Initial Yield
5.75%
NOI
£31,050
Tenancy
Single
Number of Floors
4
Slab to Slab
11 ft
Frontage
20 ft on New Kings Rd
AMENITIES
- Bus Route
- Security System
- Signage
1 of 1
NEARBY MAJOR RETAILERS
