Description
Retail premise with residential property, consisting of four 2 bedroom apartments. Great location near the shopping center kings Mall in Hammersmith. Total useful retail area is 953,09 m2, total living area 291,71 m2.
Currently, commercial properties for rent store network Argos - tenant with an excellent reputation. Current Liz another 9 years.
Rental income is £192,840 a year, which will increase to £262,300 with the review of rent in 2016.
The potential to build more apartments if you have the necessary permissions.
The freehold property.
Price: GBP 3,750,000 that shows the net return 5.34% per annum. The expected return with the revision of the rent will amount to 6.61% in the year.
W6