258 Watford Way
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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.
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
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258 Watford Way
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