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11 Streatham High Rd
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11 Streatham High Rd
5,656 SF 100% Leased Retail Building London SW16 1DS $1,760,360 ($311/SF) 8.46% Cap Rate
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EXECUTIVE SUMMARY
The available accommodation is a self-contained large commercial unit located in the mixed-use development of Norwich House. It boasts a prominent location in the Streatham area, a spacious shopfront, a WC facility, and a kitchenette. The asset is tenanted for a further 8 years to a retail operator (Mieszko Food City Limited - 07963809 ) trading as a Polish supermarket. The current passing rent is £118,500 per annum. A purchase at the asking price of £1.4 million, will reflect a gross yield of 8.46%.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
5,656 SF
Year Built
1960
Price
$1,760,360
Price Per SF
$311
Cap Rate
8.46%
NOI
$148,926
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
AMENITIES
- 24 Hour Access
- Accent Lighting
- Air Conditioning
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NEARBY MAJOR RETAILERS
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11 Streatham High Rd
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