22 Forest Hill Rd
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22 Forest Hill Rd
751 SF Retail Building London SE22 0RR £300,000 (£399/SF) 6.67% Net Initial Yield
Investment Highlights
- Heavy daytime footfall
- In close proximity to Honor Oak Park
- Well located along Forest Hill Road in popular East Dulwich district
Executive Summary
Property is subject to underlease with ‘Timber Windows of Dulwich’, paying £20,000pax (£28.50psf). Tenant been in occupation since 2017 on 10-year FRI lease (2027 expiry). We are guiding a sale at £300,000 (6.7% gross yield) for new 999-year lease at a peppercorn ground rent.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Long Leasehold
Building Size
751 SF
Building Class
B
Year Built
1900
Price
£300,000
Price Per SF
£399
Net Initial Yield
6.67%
NOI
£20,000
Tenancy
Single
Number of Floors
3
Frontage
21 ft on Forest Hill Road
Amenities
- EPC - D
- Storage Space
1 of 1
Nearby Major Retailers
1 of 5
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22 Forest Hill Rd
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