45 Sangley Rd
704 SF Retail Building London SE6 2DT $529,720 ($752.44/SF) 5.95% Cap Rate
INVESTMENT HIGHLIGHTS
- Large glazed frontage.
- Canopy
- On street parking
EXECUTIVE SUMMARY
An opportunity to acquire a freehold mixed use property on Sangley Road, Lewisham.
The property is currently comprises a commercial unit which currently operates as a barber. The barber is paying £10,000 per annum in rent and has 7 years remaining on the lease. Above the commercial unit there is a 1 bedroom flat which generates £14,400 per annum.
The commercial property measures approximately 704 sqft in size while the flat above measures approximately 400 sqft in
size.
Offers are encouraged in the region of£410,000 and viewings are by appointment only.
The property is currently comprises a commercial unit which currently operates as a barber. The barber is paying £10,000 per annum in rent and has 7 years remaining on the lease. Above the commercial unit there is a 1 bedroom flat which generates £14,400 per annum.
The commercial property measures approximately 704 sqft in size while the flat above measures approximately 400 sqft in
size.
Offers are encouraged in the region of£410,000 and viewings are by appointment only.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
704 SF
Building Class
B
Year Built
1930
Price
$529,720
Price Per SF
$752.44
Cap Rate
5.95%
NOI
$31,525
Tenancy
Single
Building Height
2 Stories
Building FAR
0.70
Lot Size
0.02 AC
AMENITIES
- Storage Space
1 of 1
NEARBY MAJOR RETAILERS
