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11A Devonshire Rd

734 SF 100% Leased Retail Building London W4 2EU $822,774 ($1,121/SF) 6.85% Cap Rate

Retail Space 11A Devonshire Rd, London, LND W4 2EU

Investment Highlights

  • Good road connections
  • Amenities nearby
  • Close to residential area

Executive Summary

Offers are sought in excess of £650,000, subject to contract. Offered on behalf of LPA Receivers.
The Ground Floor shop is let to Fordel Limited t/a Lark for a term of 10 years from 23rd March 2022 FR&I, with a 5th yr upward only rent review and tenant's break option. The passing rent is £40,000 per annum.
The rear store is let to the neighbouring tenant MA.GI.MI Limited t/a Napoli on the Road at a rent of £4,500pa. The two upper floor flats are currently vacant.

Attachments

646d62dacdb404e9fc4561965ffc9c24

Property Facts

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
734 SF
Building Class
B
Year Built
1921
Price
$822,774
Price Per SF
$1,121
Cap Rate
6.85%
NOI
$56,328
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Frontage
19 FT on Devonshire Rd

Amenities

  • Security System
  • Storage Space

Links

1 of 1

Nearby Major Retailers

Iceland
Vinoteca
Planet Organic
All Bar One
Zizzi
Nando's
Five Guys
Bill's
Caffe Nero
Starbucks
+44 7966 810030

  • Listing ID: 31915433

  • Date on Market: 5/24/2024

  • Last Updated:

  • Address: 11A Devonshire Rd, London W4 2EU

The Retail Property at 11A Devonshire Rd, London, W4 2EU is currently available For Sale. Contact Whitman & Co Commercial Ltd for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

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11A Devonshire Rd
+44 7966 810030 x

11A Devonshire Rd

Jeremy Day

+44 7966 810030

+44 7966 810030

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