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258-260 Broadway

4,557 SF Retail Building Bexleyheath DA6 8BE $1,035,210 ($227/SF) 7.41% Cap Rate

Investment Highlights

  • Great local amenities
  • 1.13 miles to Barnehurst Station
  • Bexleyheath railway station is situated approximately 630 metres to the north of the property

Executive Summary

Offers are sought in excess of £810,000 for the freehold interest. A sale at this level would reflect a 7.0% Net Initial Yield (assuming standard purchaser’s costs of 5.50%) and a low capital value of £110 per sq. ft based upon the GIA.

Attachments

Brochure

Property Facts

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Bar
Building Size
4,557 SF
Building Class
B
Year Built
1970
Price
$1,035,210
Price Per SF
$227
Cap Rate
7.41%
NOI
$76,682
Tenancy
Single
Building Height
4 Stories
Frontage
48 FT on Broadway

Amenities

  • Bus Line
  • Signage

Nearby Major Retailers

Anytime Fitness
Starbucks
National Westminster Bank Plc
Costa Coffee
Metro Bank
Bakers + Baristas
The Gym
Caffe Nero
Santander
Iceland
  • Listing ID: 34105352

  • Date on Market: 12/6/2024

  • Last Updated:

  • Address: 258-260 Broadway, Bexleyheath DA6 8BE

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