Bloomfield Court Maida Vale 6,962 SF 100% Leased Retail Building London W9 1TS $5,579,737 CAD ($801.46 CAD/SF) 7.83% Cap Rate

The property comprises 8-fully self-contained retail units arranged across the ground, basement and mezzanine levels of an imposing and attractive Victorian mansion block. Each unit benefits from its own independent frontage and services, offering a low-maintenance, secure long-income asset in a highly desirable zone 2 location.
TENURE: The property is to be sold on a Long Leasehold basis with 995-years unexpired term.
PRICE: Offers in excess of £3,000,000 (Three Million Pounds) which reflects a gross yield of 6.27%%, a reversionary yield of 7.83% and an attractive Capital Value of only £428 per square foot.
FURTHER INVESTMENT HIGHLIGHTS:
- Fully income-producing at c.£190,000 per annum exclusive with potential to increase the rent to £235,000 per annum
- All service charge and building insurance costs are fully recoverable from the tenants, generating £7,407.39 per annum in contributions and resulting in a low-cost, efficient investment for the landlord.