Description
The opportunity to purchase premium freehold shop with Prime location in the popular area of London's West Norwood. Currently delivered to the customer with an excellent reputation, Tesco Stores, on the Treaty until February 2023.
Under the contract, the revision of the rent is possible only in the direction of increasing, not less than 1% and not more than 4%. The next revision of the rent 6 February 2018. Currently, the rental income is £87,767 a year.
The building is in excellent condition, Parking facilities at many places. The upper floors are virtual freehold Regal Investment Limited as a dwelling.
Total commercial area 461 m2 accommodations 228 m2
Price £1,445,000 that shows a net yield of 5.75% per annum.
SE27