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75-77 Ridgway 2,141 SF Retail Building London SW19 4ST $2,029,961 CAD ($948.14 CAD/SF) 6.46% Cap Rate
Investment Highlights
- Affluent and large residential catchment
- Surrounded by numerous independent and corporate operators
- Good transport links
Executive Summary
Freehold subject to occupational lease. This represents a Net Initial Yield of 6.46% after the deduction of usual purchaser's costs of 5.55%.
The property is let to Alex Webb Holdings Limited for 10 years from 24th September 2025 at £75,000 per annum exclusive. The lease is inside the Landlord & Tenant Act 1954 Part
2 and includes an upwards only 5 th year rent review. There are no break options.
The property is let to Alex Webb Holdings Limited for 10 years from 24th September 2025 at £75,000 per annum exclusive. The lease is inside the Landlord & Tenant Act 1954 Part
2 and includes an upwards only 5 th year rent review. There are no break options.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Restaurant
Building Size
2,141 SF
Building Class
B
Year Built
1980
Price
$2,029,961 CAD
Price Per SF
$948.14 CAD
Cap Rate
6.46%
NOI
$131,135 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.98
Lot Size
0.05 AC
Frontage
37’ on Ridgway
Amenities
- 24 Hour Access
- Restaurant
- Security System
- Signage
- Storage Space
- Air Conditioning
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Nearby Major Retailers
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75-77 Ridgway
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