62 Fleet St | London EC4Y 1JU
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62 Fleet St
London EC4Y 1JU
Retail Property For Sale
Investment Highlights
- The property is situated on Fleet Street, home to multiple shops, cafes and bars
- Surrounding occupiers include KFC, Paul and Pret A Manger, including multiple independent grab-and-go restaurants. One of London’s most historic pubs
- Benefits from a return frontage onto Pleydell Street and Bouverie Street.
Executive Summary
Offers in excess of £730,000 (Seven Hundred and Thirty Thousand Pounds)
A purchase at this level would reflect a Net Initial Yield of 7.61%
Subject to contract and exclusive of VAT. Yields are net of purchaser's costs of 5.36%.
Well configured retail unit which comprises Net Internal Area (NIA) 466 sq ft (43.4 sq m) of ground floor retail and ancillary accommodation in the basement
A purchase at this level would reflect a Net Initial Yield of 7.61%
Subject to contract and exclusive of VAT. Yields are net of purchaser's costs of 5.36%.
Well configured retail unit which comprises Net Internal Area (NIA) 466 sq ft (43.4 sq m) of ground floor retail and ancillary accommodation in the basement
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Long Leasehold
Property Subtype
Storefront Retail/Residential
Building Size
466 SF
Building Class
B
Year Built
1850
Price
£700,000
Price Per SF
£1,502
Net Initial Yield
7.94%
NOI
£55,553
Percent Leased
100%
Tenancy
Multiple
Number of Floors
6
Slab to Slab
9 ft
Frontage
Amenities
- Bus Route
- Public Transport
- Signage
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