• Broker Alex Lewis 02039405575

199 New Kings Rd 1,104 SF Retail Building London SW6 4SR £540,000 (£489.13/SF) 5.75% Net Initial Yield

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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%.

ATTACHMENTS

Brochure

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

LINKS

NEARBY MAJOR RETAILERS

Caffe Nero
Starbucks
Sainsbury's
Co-op
Waitrose & Partners
Côte Brasserie
German Doner Kebab
YO!
Nando's
Wagamama

MAP

ADDITIONAL PHOTOS

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