427 High St N
2,264 SF 100% Leased Retail Building London E12 6TL $1,615,655 ($713.63/SF) 6.40% Cap Rate
INVESTMENT HIGHLIGHTS
- Prominent corner position
- Diverse array of local amenities
- Excellent transport links
EXECUTIVE SUMMARY
Comprising a Restaurant with basement storage, a banqueting hall, 1 x 2 bed flat and 1 x 3 bed duplex flat both independently rented.
Guiding at £1,250,000, subject to contract and existing tenancies for the freehold interest.
- (N.b A purchase at the July rent level will equate to a net investment yield of 6.4% and a gross investment of 6.7%)
Guiding at £1,250,000, subject to contract and existing tenancies for the freehold interest.
- (N.b A purchase at the July rent level will equate to a net investment yield of 6.4% and a gross investment of 6.7%)
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
2,264 SF
Building Class
B
Year Built
1900
Price
$1,615,655
Price Per SF
$713.63
Cap Rate
6.40%
NOI
$103,402
Percent Leased
100%
Building Height
2 Stories
Frontage
33’ on High St. N
1 of 1
NEARBY MAJOR RETAILERS
