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Thornton Rd 1,894 sq ft 4-Star Retail Property Thornton Heath CR7 6AW £500,000 (£263.99/sq ft) 8% Net Initial Yield



INVESTMENT HIGHLIGHTS
- Good road connections
- Close to residential areas
- Amenities nearby
EXECUTIVE SUMMARY
Ground floor commercial unit within a mixed use development, held on 999 year lease.
Let to a dental medical occupier with large fit out, occupational lease expires July 2049.
Let to a dental medical occupier with large fit out, occupational lease expires July 2049.
PROPERTY FACTS Sale Pending
Sale Type
Investment
Property Type
Retail
Tenure
Long Leasehold
Property Subtype
Health Club
Property Size
1,894 sq ft
LoopNet Rating
4 Star
Year Built
2024
Price
£500,000
Price per sq ft
£263.99
Yield
8%
NOI
£40,000
Tenancy
Single
Number of Floors
1
Plot ratio
0.42
Total Plot Size
0.10 ac
Frontage
173 ft on London Road
AMENITIES
- 24 Hour Access
- Storage Space
1 1
NEARBY MAJOR RETAILERS
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Thornton Rd
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