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Multi-let retail portfolio within new development

London, Vereinigtes KönigreichAdresse freischalten

88%

£7.500.000

Einzelhandel

#17157

Core+

17 Mar 2024

Immobilieneinzelheiten

Makler

Zu verkaufen

14,771 ft²

1.372 m²

Mietfläche

507 £/ft²

5.466 £/m²

7.00 %

7

Mietbesitz

990

X

Gebühren

0.00 %

0.50 %

0.50 %

0.50 %

Investitionsübersicht

Portfolio comprises eight self- contained commercial units arranged principally (88%) at ground floor, providing a total aggregate floor area of 14,771 sq ft (1,372.3 sq m). Held leasehold for an unexpired term of 990 years at a ground rent of £150 per annum, reviewed upwards only 10 yearly in line with RPI. 90% let to an attractive tenant mix providing a diverse income stream with a WAULT (across let accommodation) of 13.1 years to expiries and 8.0 years to breaks. Total gross annual rent, inclusive of vendor top ups, of £561,000 (£37.98 per sq ft overall).