183-190 Tottenham Court Rd | London W1T 7LH
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183-190 Tottenham Court Rd
London W1T 7LH
Retail Property For Sale
Investment Highlights
- Close to UCL University
- Easy Access to Underground Stations
- Excellent Location
Executive Summary
We are seeking offers in excess of £4,000,000 (FOUR MILLION POUNDS) subject to contract and exclusive of VAT for the Leasehold
net of purchaser’s costs. A purchase at this level reflects a Net Initial Yield of 9.90%, net of purchaser’s costs of 6.80%, subject to contract and exclusive of VAT, increasing to a running yield of circa 12.16% following the fixed increases within the lease.
net of purchaser’s costs. A purchase at this level reflects a Net Initial Yield of 9.90%, net of purchaser’s costs of 6.80%, subject to contract and exclusive of VAT, increasing to a running yield of circa 12.16% following the fixed increases within the lease.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Long Leasehold
Building Size
12,000 SF
Building Class
B
Year Built
1961
Price
$5,051,781
Price Per SF
$421
Cap Rate
9.90%
NOI
$500,126
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.49
Lot Size
0.56 AC
Amenities
- 24 Hour Access
- Bus Line
- Metro/Subway
- Raised Floor
- Security System
- Signage
- Energy Performance Rating - E
- Air Conditioning
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