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1-2 Mortimer Sq 577 sq ft 100% Let Retail Property London W11 4BY £740,000 (£1,282.50/sq ft)
INVESTMENT HIGHLIGHTS
- Excellent transport links via Latimer Road & Shepherd’s Bush
- local amenities in short proximity
EXECUTIVE SUMMARY
Established Cafe over ground with self-contained residential upper floors.
Retail rent £22,500 per annum exclusive Residential Retained unit Let on an AST £21,600 per annum. Sold Long leasehold Flat subject to peppercorn ground rent. Asset management opportunities. Total Rent Receivable £44,100 per annum.
Offers sought in the region of £740,000.
Retail rent £22,500 per annum exclusive Residential Retained unit Let on an AST £21,600 per annum. Sold Long leasehold Flat subject to peppercorn ground rent. Asset management opportunities. Total Rent Receivable £44,100 per annum.
Offers sought in the region of £740,000.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Office
Property Size
577 sq ft
Costar Property Class
C
Year Built
1930
Price
£740,000
Price per sq ft
£1,282.50
Occupancy Rate
100%
Number of Floors
2
Plot ratio
0.33
Total Plot Size
0.04 ac
Frontage
29 ft on Mortimer Square
AMENITIES
- Corner Lot
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NEARBY MAJOR RETAILERS
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1-2 Mortimer Sq
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