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121 High Rd 27,132 SF 100% Leased Retail Building Ilford IG1 1DE $10,917,652 CAD ($402.39 CAD/SF) 7.42% Cap Rate


EXECUTIVE SUMMARY
Freehold retail property in a prime position on Ilford High Road, arranged over ground and two upper floors totaling 34,473 sq ft. Let to Boots and Shoe Zone with a WAULT of 3.6 years. Current rent £463,500 p.a. Offers sought in excess of £5.85M, reflecting 7.42% NIY and £170 psf. Asset management and redevelopment potential, subject to planning.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
27,132 SF
Building Class
B
Year Built
1935
Price
$10,917,652 CAD
Price Per SF
$402.39 CAD
Cap Rate
7.42%
NOI
$810,090 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
0.27
Lot Size
2.27 AC
Frontage
136’ on High Road
AMENITIES
- Automatic Blinds
- Storage Space
- Air Conditioning
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NEARBY MAJOR RETAILERS
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121 High Rd
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