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100-102 Wandsworth Bridge Rd 1,492 SF Retail Building London SW6 2TF $1,208,943 CAD ($810.28 CAD/SF) 7.31% Cap Rate
INVESTMENT HIGHLIGHTS
- Situated in a highly visible prime position
- Substantial double frontage
- Popular high street
EXECUTIVE SUMMARY
Rare double fronted freehold investment opportunity guiding £650,000. This reflects a NIY of 7.31%.
The premises is let to Movers Fulham Ltd, who are trading as Moves, a modern, beautifully furnished gym and health studio. The lease is 10 years from 13/11/2023, with a rent review at 5 years. They are currently paying £50,000 p.a. The property is not subject to VAT.
The premises is let to Movers Fulham Ltd, who are trading as Moves, a modern, beautifully furnished gym and health studio. The lease is 10 years from 13/11/2023, with a rent review at 5 years. They are currently paying £50,000 p.a. The property is not subject to VAT.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold/Long Leasehold
Property Subtype
Storefront Retail/Residential
Building Size
1,492 SF
Building Class
B
Year Built
1903
Price
$1,208,943 CAD
Price Per SF
$810.28 CAD
Cap Rate
7.31%
NOI
$88,374 CAD
Tenancy
Single
Building Height
2 Stories
Slab To Slab
11’
Building FAR
0.97
Lot Size
0.04 AC
Frontage
19’ on Wandsworth Bridge Rd
AMENITIES
- Bus Line
- Security System
- Signage
- Storage Space
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NEARBY MAJOR RETAILERS
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100-102 Wandsworth Bridge Rd
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