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Banning St - Block 5 River Gardens
775 SF Medical Condo Unit Offered at $393,876 in London SE10 0NA
Property Facts
1 Unit Available
Unit 7
| Unit Size | 775 SF | Sale Type | Investment |
| Price | $393,876 | Tenure | Long Leasehold |
| Price Per SF | $508.23 | Cap Rate | 5.89% |
| Condo Use | Medical | NOI | $23,199.29 |
| Unit Size | 775 SF |
| Price | $393,876 |
| Price Per SF | $508.23 |
| Condo Use | Medical |
| Sale Type | Investment |
| Tenure | Long Leasehold |
| Cap Rate | 5.89% |
| NOI | $23,199.29 |
Description
Newly constricted ground floor unit, with extensive river views, which is in the process of being fitted into a private dentist’s practice. The unit has access to a commercial bin store with fob access, and cycle parking spaces within a short walk of the premises. Extraction may be installed in the unit subject to all necessary consents.
Sale Notes
Dental practice investment, unbroken 15-year FRI lease with RPI linked rent reviews (capped at 8%, collared at 2%). Good deposit held and personal guarantees.
Amenities
- Wi-Fi
- Air Conditioning
-
Emily Bradshaw -
Huseyin Zafer -
Varol Zafer -
Shahid Sadiq -
Willmotts Chartered Surveyors
Presented by
Banning St - Block 5 River Gardens
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