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1-3 Bellegrove Rd 920 sq ft Retail Property Welling DA16 3PA £900,000 (£978.26/sq ft) 6.82% Net Initial Yield
Investment Highlights
- Freehold mixed-use investment
- Strong passing income profile
- Central Welling location
Executive Summary
Freehold mixed-use investment for sale at offers in excess of £900,000, reflecting a quoted yield of 6.82% based on a current fully let income of £61,380 per annum. The asset provides income from a ground floor commercial tenant and two residential flats, offering an established and diversified income stream.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Residential
Property Size
920 sq ft
Costar Property Class
B
Year Built
1900
Price
£900,000
Price per sq ft
£978.26
Yield
6.82%
NOI
£61,380
Tenancy
Single
Number of Floors
4
Frontage
31 ft on Bellegrove Rd
Amenities
- Bus Route
- Signage
1 1
Nearby Major Retailers
1 of 6
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1-3 Bellegrove Rd
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