Great opportunity to invest in commercial real estate in West London with high yield 7,87% per annum with the potential to increase. Already have a tenant who signed the contract for 20 years.
Great location in West London
The lease agreement for 20 years with the company Pure Gym (lessee with an excellent reputation)
The revision of the rent every 5 years upwards (at least 1%, max 4%)
Rental income is £137,500 a year
Next to the building of a new transport interchange (completion expected in 2018)that stimulates the development and conversion of the area. It is expected that the station will serve 200 million passengers a year.
Price: GBP 1,650,000 at yield 7,78% per year with a potential increase to 9.13% in 2018, to 10.59% in 2023, to 12.27% in 2028. W3