199 New Kings Rd
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199 New Kings Rd
1,104 SF Retail Building London SW6 4SR $688,415 ($624/SF) 5.75% Cap Rate
Executive Summary
The virtual freehold of retail space is for sale for offers in excess of £540,000. A purchase at this level reflects an attractive Net Initial Yield of 5.75%, assuming purchasers' costs of 6.70%.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold/Long Leasehold
Property Subtype
Storefront Retail/Residential
Building Size
1,104 SF
Building Class
B
Year Built
1882
Price
$688,415
Price Per SF
$624
Cap Rate
5.75%
NOI
$39,584
Tenancy
Single
Building Height
4 Stories
Slab To Slab
11’
Frontage
20 FT on New Kings Rd
Amenities
- Bus Line
- Security System
- Signage
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199 New Kings Rd
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