80 Ilford Ln
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80 Ilford Ln
2,788 SF 100% Leased Retail Building Ilford IG1 2LA $1,898,710 ($681/SF) 6.32% Cap Rate
Investment Highlights
- Income producing arcade with multiple tenants
- Prominent position with excellent footfall
- Asset Management Opportunity
- Approximately 500 metres from Ilford Station (Elizabeth line)
Executive Summary
The subject property is a brick built 3 storey premises with pitched roof. The property sits on a mid-terrace position on a busy parade that is laid out as a plaza. Internally, there are 11 separate units, each with their own security shutter, CCTV and lighting. The first floor comprises a large office and the basement benefits from shared facilities including WC’s and a kitchenette.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
2,788 SF
Building Class
B
Year Built
1960
Price
$1,898,710
Price Per SF
$681
Cap Rate
6.32%
NOI
$119,998
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.23
Land Acres
0.05 AC
Frontage
22 FT on Ilford Lane
Amenities
- Automatic Blinds
- Storage Space
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Nearby Major Retailers
-
Ajay Tohani -
Dobbin & Sullivan Ltd
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80 Ilford Ln
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