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373-375 Durnsford Rd

1,200 SF Retail Building London SW19 8EF £450,000 (£375/SF) 7.11% Net Initial Yield

Investment Highlights

  • Close to Wimbledon Park Station (District Line)
  • Good road connections
  • Amenities nearby

Executive Summary

Freehold ground floor investment opportunity (Flats sold off on long leases) currently let to Tucker French Ltd a successful plumbing and heating merchants with 7 branches.
Lease expiring 2032
Break clause and rent review in 2027
Passing Rent : £32,000p/a

Property Facts

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
1,200 SF
Building Class
B
Year Built/Renovated
1976/2010
Price
£450,000
Price Per SF
£375
Net Initial Yield
7.11%
NOI
£32,000
Tenancy
Single
Number of Floors
3

Amenities

  • EPC - B
  • Storage Space

Nearby Major Retailers

Sainsbury's
Starbucks
The Co-operative Food
Cheten News
Caffe Nero
The Gym
Lidl
Pret A Manger
Tesco
Waitrose & Partners
  • Listing ID: 31819530

  • Date on Market: 16/05/2024

  • Last Updated:

  • Address: 373-375 Durnsford Rd, London SW19 8EF

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