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48 South Ealing Rd 2,016 SF Retail Building London W5 4QA $472,330 CAD ($234.29 CAD/SF) 7.20% Cap Rate
Investment Highlights
- Excellent location with good frontage
- Affluent location in West London
- Let until 2039 on an FR&I lease
Executive Summary
The property is a lock-up commercial unit on the ground floor of a three-story terraced parade. The unit has an approximate gross internal area of 25.4 sqm / 273 sq ft. The unit has a prime corner position with frontage on to South Ealing Road and Lothair Road.
The unit is recently leased to an established barber for 15 years, at a yearly rent of £18,000
The unit is recently leased to an established barber for 15 years, at a yearly rent of £18,000
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Long Leasehold
Property Subtype
Storefront Retail/Residential
Building Size
2,016 SF
Building Class
B
Year Built
1950
Price
$472,330 CAD
Price Per SF
$234.29 CAD
Cap Rate
7.20%
NOI
$34,008 CAD
Tenancy
Single
Building Height
3 Stories
Building FAR
1.16
Lot Size
0.04 AC
Frontage
22’ on South Ealing Rd
Amenities
- 24 Hour Access
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Nearby Major Retailers
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48 South Ealing Rd
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