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82 London Rd

3,753 SF Retail Building Blackwater GU17 0AE £1,020,790 (£272/SF) 6.33% Net Initial Yield

Investment Highlights

  • Heavy Day Time Foot Fall
  • Direct train services from Blackwater include to Gatwick airport with an approximate journey time of 1 hour.
  • Located on the A30 a busy arterial route with easy access for local commuters

Executive Summary

The property is let to Tesco Stores Ltd for a term of 20 years from 1 February 2012 at a current rent of £64,366 per annum.
A further £250 per annum is receivable from the residential ground rent on the upper parts.

Attachments

Tesco Camberley

Property Facts

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
3,753 SF
Building Class
B
Year Built
1868
Price
£1,020,790
Price Per SF
£272
Net Initial Yield
6.33%
NOI
£64,616
Tenancy
Single
Number of Floors
2
Parking
16 Spaces (4.26 Spaces per 1,000 SF Leased)
Frontage
86 ft on London Rd

Amenities

  • Bus Route
  • Dedicated Turn Lane

Nearby Major Retailers

Lidl
Curves for women
ALDI
Lloyds Bank
Tesco Extra
Bank of America
énergie Fitness
New Inn
  • Listing ID: 28638322

  • Date on Market: 02/06/2023

  • Last Updated:

  • Address: 82 London Rd, Blackwater GU17 0AE

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