80 Ilford Ln
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80 Ilford Ln
2,788 SF 100% Leased Retail Building Ilford IG1 2LA £1,500,000 (£538/SF) 6.32% Net Initial Yield
Investment Highlights
- Income producing arcade with multiple tenants
- Prominent position with excellent footfall
- Asset Management Opportunity
- Approximately 500 metres from Ilford Station (Elizabeth line)
Executive Summary
The subject property is a brick built 3 storey premises with pitched roof. The property sits on a mid-terrace position on a busy parade that is laid out as a plaza. Internally, there are 11 separate units, each with their own security shutter, CCTV and lighting. The first floor comprises a large office and the basement benefits from shared facilities including WC’s and a kitchenette.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
2,788 SF
Building Class
B
Year Built
1960
Price
£1,500,000
Price Per SF
£538
Net Initial Yield
6.32%
NOI
£94,800
Percent Leased
100%
Tenancy
Multiple
Number of Floors
2
Building FAR
1.23
Land Acres
0.05 AC
Frontage
22 ft on Ilford Lane
Amenities
- Roller Shutters
- Storage Space
1 of 1
Nearby Major Retailers
-
Ajay Tohani -
Dobbin & Sullivan Ltd
1 of 5
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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80 Ilford Ln
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