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170 Balham High Rd

1,352 SF 100% Leased Retail Building London SW12 9BW $2,097,442 ($1,551/SF) 6.25% Cap Rate

Investment Highlights

  • Occupies a strategic position on the main retailing pitch of Balham High Road
  • Balham is a popular residential village in Southwest London
  • Benefits from excellent transport connections

Executive Summary

Freehold with a total floor area comprises 2,394 sq ft (222.42 sq m). The property is entirely let to Boots Opticians Professional Services Limited until March 2028 with a total passing rent of £110,000 per annum

Property Facts

Sale Type
Investment
Property Type
Retail
Tenure
Freehold/Long Leasehold
Property Subtype
Storefront Retail/Residential
Building Size
1,352 SF
Year Built
1860
Price
$2,097,442
Price Per SF
$1,551
Cap Rate
6.25%
NOI
$131,090
Percent Leased
100%
Tenancy
Multiple
Building Height
5 Stories
Slab To Slab
10’
Frontage
18 FT on Balham High Rd

Amenities

  • Bus Line
  • Signage

Nearby Major Retailers

Starbucks
ALDI
Anytime Fitness
Planet Organic
Pho
Caffe Nero
Black Sheep Coffee
HSBC
Waitrose
Barclays
  • Listing ID: 33308845

  • Date on Market: 9/26/2024

  • Last Updated:

  • Address: 170 Balham High Rd, London SW12 9BW

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