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35 Upper Wickham Ln

1,928 SF 100% Leased Retail Building Welling DA16 3AB $1,004,025 ($521/SF) 5.55% Cap Rate

Investment Highlights

  • Prominent Location
  • High Footfall
  • Great Transport Links

Executive Summary

Freehold investment opportunity in Central Welling for sale Part let building, 2 residential flats let at £32,000pa, 1 commercial premises let at £13,800pa with 2 units currently vacant.

Property Facts

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
1,928 SF
Building Class
B
Year Built
1900
Price
$1,004,025
Price Per SF
$521
Cap Rate
5.55%
NOI
$55,739
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.40
Lot Size
0.11 AC
Parking
2 Spaces (1.04 Spaces per 1,000 SF Leased)
Frontage
23 FT on Upper Wickham Ln

Amenities

  • Bus Line
  • Signage

Nearby Major Retailers

Tesco
Barclays
Morrisons
Morley's Fried Chicken
Iceland
Curves
Lidl
Costcutter
Londis
The Co-operative Food
  • Listing ID: 32344731

  • Date on Market: 7/4/2024

  • Last Updated:

  • Address: 35 Upper Wickham Ln, Welling DA16 3AB

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