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258 Watford Way

580 SF Retail Building London NW4 4UJ $683,383 ($1,178/SF) 2.91% Cap Rate

Investment Highlights

  • Great local amenities
  • Situated to the side of the A41
  • Heavy daytime footfall

Executive Summary

Shop and residential investment together with vacant office suite. The shop is let on an FRI lease to JSAC Ltd t/a Belvoir Estate Agents for a term expiring March 2026 producing £16,000 per annum exclusive. The first floor 2 bed flat, which is approached from the rear, is let on
an AST expiring in July 2024 producing £15,600 per annum. Total income: £31,600 per annum.
In addition, there is a self contained rear ground floor office with own kitchenette, shower & wc affording a floor area of 121 sq ft which is
offered with vacant possession.

Property Facts

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
580 SF
Building Class
B
Year Built
1925
Price
$683,383
Price Per SF
$1,178
Cap Rate
2.91%
NOI
$19,880
Tenancy
Single
Building Height
2 Stories
Building FAR
0.89
Lot Size
0.01 AC
Frontage
22 FT on Watford Way

Amenities

  • Security System
  • Automatic Blinds
  • Air Conditioning

Nearby Major Retailers

Sainsbury's
Barclays
Tortilla
Londis
Pret A Manger
The Co-operative Food
Sam's Chicken
National Westminster Bank plc
Peri Peri Original
Costa Coffee
  • Listing ID: 30316575

  • Date on Market: 12/8/2023

  • Last Updated:

  • Address: 258 Watford Way, London NW4 4UJ

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