Fixed price
£175,000
(£290.17/sq. ft)
Restaurant for saleEast Hill, London SW18
603 sq. ft
Under offer
About this property
► Property Type: Freehold investment opportunity.
► Location: Prime position on East Hill, Wandsworth, London, SW18.
►Tenancy: Currently let to an established tenant on a holding-over lease.
► Current Rent: £10,200 per annum exclusive.
► New Lease: (Agreed but not yet signed) £12,120 per annum
exclusive.
► Quoting Price: £175,000 for the freehold interest, subject to the existing lease.
Investment highlights
O Freehold property with secure income stream.
O Potential for rental growth with new lease agreed. O Net initial yield based on current rent: 5.83%.
O Net initial yield based on new agreed rent: 6.93%.
► Location: Prime position on East Hill, Wandsworth, London, SW18.
►Tenancy: Currently let to an established tenant on a holding-over lease.
► Current Rent: £10,200 per annum exclusive.
► New Lease: (Agreed but not yet signed) £12,120 per annum
exclusive.
► Quoting Price: £175,000 for the freehold interest, subject to the existing lease.
Investment highlights
O Freehold property with secure income stream.
O Potential for rental growth with new lease agreed. O Net initial yield based on current rent: 5.83%.
O Net initial yield based on new agreed rent: 6.93%.
.png){kind=logo}