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122A Plumstead Common Rd 708 sq ft Office Property London SE18 2UL £170,000 (£240.11/sq ft) 15.18% Net Initial Yield
Investment Highlights
- Situated on Plumstead Common Road in Plumstead
- Suitable for a variety of or alternative uses subject to planning
- Freehold Commercial End of Terrace Building currently used as office premises
Executive Summary
The property is subject to an existing lease at an annual passing rent of £25,800 per annum, on a five-year term from 1st December 2021.
Property Facts
Sale Type
Investment
Property Type
Office
Tenure
Freehold
Property Size
708 sq ft
Costar Property Class
B
Year Built
1970
Price
£170,000
Price per sq ft
£240.11
Yield
15.18%
NOI
£25,806
Tenancy
Single
Number of Floors
2
Typical Floor Size
348 sq ft
Plot ratio
0.08
Total Plot Size
0.20 ac
Amenities
- Security System
- Smoke Detector
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122A Plumstead Common Rd
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